Intercorp Financial Services (LIM:IFS) Allowance For Loans And Lease Losses : $-593 Mil (As of Mar. 2024)

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What is Intercorp Financial Services Allowance For Loans And Lease Losses?

Intercorp Financial Services's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-593 Mil.

Intercorp Financial Services's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-614 Mil) to Dec. 2023 ($-627 Mil) but then increased from Dec. 2023 ($-627 Mil) to Mar. 2024 ($-593 Mil).

Intercorp Financial Services's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-551 Mil) to Dec. 2022 ($-541 Mil) but then declined from Dec. 2022 ($-541 Mil) to Dec. 2023 ($-627 Mil).

Intercorp Financial Services Allowance For Loans And Lease Losses Historical Data

The historical data trend for Intercorp Financial Services's Allowance For Loans And Lease Losses 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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Intercorp Financial Services Allowance For Loans And Lease Losses Chart

Intercorp Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-372.10

-796.31

-550.88

-541.00

-626.79

Intercorp Financial Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-559.94	-579.92	-614.10	-626.79	-592.98

Intercorp Financial Services Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Intercorp Financial Services Allowance For Loans And Lease Losses Related Terms

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Intercorp Financial Services (LIM:IFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Intercorp Financial Services Inc (LIM:IFS) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

IFS:USA

Address

Avenue Carlos Villaran 140, Urbanizacion Santa Catalina, La Victoria, Lima, PER, 13

Website

https://www.ifs.com.pe

Intercorp Financial Services Inc is a provider of financial services through banking, insurance, and wealth management businesses, as well as the recent integration of Izipay enhancing its payments ecosystem. The company has four operating segments; the Banking segment includes Mainly loans, credit facilities, deposits, and current accounts, the Insurance segment provides life annuity products with single-premium payment and conventional life insurance products and other retail insurance products, the Wealth management segment provides brokerage and investment management services, and Payments segment provides administration services, operation and processing of credit and debit cards. Its geographical segments include Peru and Panama.