GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Loans4Less.Com (OTCPK:LFLS) » Definitions » Credit Losses Provision

LFLS (Loans4Less.Com) Credit Losses Provision : $0.00 Mil (As of Mar. 2025)


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What is Loans4Less.Com Credit Losses Provision?

Loans4Less.Com's credit losses provision for the three months ended in Mar. 2025 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $0.00 Mil.

Loans4Less.Com Credit Losses Provision Historical Data

The historical data trend for Loans4Less.Com'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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Loans4Less.Com Credit Losses Provision Chart

Loans4Less.Com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
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Loans4Less.Com Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Loans4Less.Com 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Loans4Less.Com Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Loans4Less.Com (OTCPK:LFLS) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
N/A
Address
22409 Susana Avenue, Torrance, CA, USA, 90505-2039
Website
https://www.loans4less.com
Loans4Less.Com is a Real Estate and Mortgage Broker Corporation. It engages into into mortgage industry standard wholesale lender agreements and transacts as a Loan Originator serving consumers in residential mortgages.