NCB Financial Group (XJAM:NCBFG) Credit Losses Provision : JMD0 Mil (As of Dec. 2023)

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What is NCB Financial Group Credit Losses Provision?

NCB Financial Group's credit losses provision for the three months ended in Dec. 2023 was JMD0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was JMD0 Mil.

NCB Financial Group Credit Losses Provision Historical Data

The historical data trend for NCB Financial 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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NCB Financial Group Credit Losses Provision Chart

NCB Financial Group Annual Data

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Credit Losses Provision

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NCB Financial Group Quarterly Data
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NCB Financial 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD0 Mil.

NCB Financial Group (XJAM:NCBFG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NCB Financial Group Ltd (XJAM:NCBFG) » Definitions » Credit Losses Provision

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NCBFG:Trinidad and Tobago

Address

32 Trafalgar Road, The Atrium, Kingston, JAM, 10

Website

https://www.myncb.com

NCB Financial Group Ltd provides financial services. It provides many products and services to meet the banking needs of customers, deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, and personal and private banking services are part of the offerings. Its segments comprise Consumer & SME banking; Payment services; Corporate & commercial banking; Treasury & correspondent banking; Wealth, asset management & investment banking; Life and health insurance & pension fund management; and General insurance. The majority of revenue gets derived from the Life and health insurance & pension fund management segment.

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