KBC Groupe NV (XBRU:KBC) Credit Losses Provision : €0 Mil (As of Dec. 2023)

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What is KBC Groupe NV Credit Losses Provision?

KBC Groupe NV's credit losses provision for the three months ended in Dec. 2023 was €0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was €0 Mil.

KBC Groupe NV Credit Losses Provision Historical Data

The historical data trend for KBC Groupe NV'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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KBC Groupe NV Credit Losses Provision Chart

KBC Groupe NV Annual Data

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Credit Losses Provision

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KBC Groupe NV Quarterly Data
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KBC Groupe NV 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 Mil.

KBC Groupe NV (XBRU:KBC) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KBC Groupe NV (XBRU:KBC) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

KBCSY:USA KBCSF:USA KBCb:UK 0EYG:UK KDB:Germany KBC:Austria

Address

Havenlaan 2, Brussels, BEL, B-1080

Website

https://www.kbc.com

KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

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