FinecoBank SpA (MIL:FBK) Credit Losses Provision : €0.0 Mil (As of Dec. 2023)

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What is FinecoBank SpA Credit Losses Provision?

FinecoBank SpA's credit losses provision for the three months ended in Dec. 2023 was €0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was €0.0 Mil.

FinecoBank SpA Credit Losses Provision Historical Data

The historical data trend for FinecoBank SpA'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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FinecoBank SpA Credit Losses Provision Chart

FinecoBank SpA Annual Data

Trend

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Credit Losses Provision

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FinecoBank SpA Quarterly Data
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FinecoBank SpA 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 €0.0 Mil.

FinecoBank SpA (MIL:FBK) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Credit Losses Provision

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FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.