U.S. Bancorp (BSP:USBC34) Credit Losses Provision : R$12,314 Mil (As of Sep. 2024)

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What is U.S. Bancorp Credit Losses Provision?

U.S. Bancorp's credit losses provision for the three months ended in Sep. 2024 was R$3,085 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was R$12,314 Mil.

U.S. Bancorp's quarterly credit losses provision increased from Mar. 2024 (R$2,754 Mil) to Jun. 2024 (R$3,059 Mil) and increased from Jun. 2024 (R$3,059 Mil) to Sep. 2024 (R$3,085 Mil).

U.S. Bancorp's annual credit losses provision increased from Dec. 2021 (R$-6,633 Mil) to Dec. 2022 (R$10,370 Mil) and increased from Dec. 2022 (R$10,370 Mil) to Dec. 2023 (R$11,147 Mil).

U.S. Bancorp Credit Losses Provision Historical Data

The historical data trend for U.S. Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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U.S. Bancorp Credit Losses Provision Chart

U.S. Bancorp Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Credit Losses Provision

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19,580.73

-6,633.20

10,370.16

11,147.05

13,654.04

U.S. Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Credit Losses Provision	Get a 7-Day Free Trial															2,508.70	2,753.83	3,059.31	3,084.56	3,416.56

U.S. Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$12,314 Mil.

U.S. Bancorp Business Description

Industry

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Address

800 Nicollet Mall, Minneapolis, MN, USA, 55402

Website

https://www.usbank.com

With assets of around $680 billion, U.S. Bancorp is one of the largest regional banks in the us with its footprint in 26 states. The bank's branch network is mostly in the midwestern and western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, and wealth services.

U.S. Bancorp Headlines

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