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Raymond James Financial (LTS:0KU1) Credit Losses Provision : $123 Mil (As of Dec. 2023)


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What is Raymond James Financial Credit Losses Provision?

Raymond James Financial's credit losses provision for the three months ended in Dec. 2023 was $12 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $123 Mil.

Raymond James Financial's quarterly credit losses provision declined from Jun. 2023 ($54 Mil) to Sep. 2023 ($36 Mil) and declined from Sep. 2023 ($36 Mil) to Dec. 2023 ($12 Mil).

Raymond James Financial's annual credit losses provision increased from Sep. 2021 ($-32 Mil) to Sep. 2022 ($100 Mil) and increased from Sep. 2022 ($100 Mil) to Sep. 2023 ($132 Mil).


Raymond James Financial Credit Losses Provision Historical Data

The historical data trend for Raymond James Financial'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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Raymond James Financial Credit Losses Provision Chart

Raymond James Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.00 233.00 -32.00 100.00 132.00

Raymond James Financial 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 28.00 54.00 36.00 12.00 21.00

Raymond James Financial 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $123 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.


Raymond James Financial (LTS:0KU1) Business Description

Traded in Other Exchanges
Address
880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the U.S. and 70% is from the company's wealth-management segment.

Raymond James Financial (LTS:0KU1) Headlines

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