GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial Bank Of Kuwait (KUW:CBK) » Definitions » Credit Losses Provision

Commercial Bank Of Kuwait (KUW:CBK) Credit Losses Provision : KWD0.0 Mil (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Commercial Bank Of Kuwait Credit Losses Provision?

Commercial Bank Of Kuwait's credit losses provision for the three months ended in Mar. 2024 was KWD0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.0 Mil.

Commercial Bank Of Kuwait Credit Losses Provision Historical Data

The historical data trend for Commercial Bank Of Kuwait'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.

* Premium members only.

Commercial Bank Of Kuwait Credit Losses Provision Chart

Commercial Bank Of Kuwait Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Commercial Bank Of Kuwait Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Commercial Bank Of Kuwait 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.0 Mil.

* 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.

Commercial Bank Of Kuwait (KUW:CBK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial Bank Of Kuwait (KUW:CBK) » Definitions » Credit Losses Provision
Comparable Companies
KUW:GBK KUW:ALMUTAHED KUW:BURG KUW:ABK KUW:KPROJ KUW:WARBABANK KUW:KIB KUW:BOUBYAN CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN
Traded in Other Exchanges
N/A
Address
Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Website
https://www.cbk.com
Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

Commercial Bank Of Kuwait (KUW:CBK) Headlines

No Headlines