National Bankshares (FRA:9F2) Credit Losses Provision : €-1.18 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is National Bankshares Credit Losses Provision?

National Bankshares's credit losses provision for the three months ended in Mar. 2024 was €-0.01 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.18 Mil.

National Bankshares's quarterly credit losses provision declined from Sep. 2023 (€-0.38 Mil) to Dec. 2023 (€-0.80 Mil) but then increased from Dec. 2023 (€-0.80 Mil) to Mar. 2024 (€-0.01 Mil).

National Bankshares's annual credit losses provision increased from Dec. 2021 (€-0.35 Mil) to Dec. 2022 (€0.67 Mil) but then declined from Dec. 2022 (€0.67 Mil) to Dec. 2023 (€-1.16 Mil).

National Bankshares Credit Losses Provision Historical Data

The historical data trend for National Bankshares'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.

* Premium members only.

National Bankshares Credit Losses Provision Chart

National Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

0.11

1.64

-0.35

0.67

-1.16

National Bankshares 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															-	0.01	-0.38	-0.80	-0.01

National Bankshares 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.18 Mil.

National Bankshares (FRA:9F2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bankshares Inc (FRA:9F2) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

NKSH:USA

Address

101 Hubbard Street, Blacksburg, VA, USA, 24062-9002

Website

http://www.nationalbankshares.com

National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.

National Bankshares (FRA:9F2) Headlines

No Headlines