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FCMB Group (NSA:FCMB) Credit Losses Provision : ₦0 Mil (As of Jun. 2024)


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What is FCMB Group Credit Losses Provision?

FCMB Group's credit losses provision for the three months ended in Jun. 2024 was ₦0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was ₦0 Mil.

FCMB Group Credit Losses Provision Historical Data

The historical data trend for FCMB Group'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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FCMB Group Credit Losses Provision Chart

FCMB Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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FCMB Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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FCMB Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦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.

FCMB Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FCMB Group PLC (NSA:FCMB) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
N/A
Address
44 Marina, First City Plaza, Lagos, NGA
Website
https://www.fcmbgroup.com
FCMB Group PLC provides banking products and services in Nigeria. Its business is divided into eight segments including Investment Banking, SME (Small and Medium Enterprises) Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, Treasury and Financial Markets, and Asset Management. The bank generates the majority of its revenue from the personal banking segment that offers private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. It has geographic operations in Nigeria and Europe.

FCMB Group Headlines

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