Commonwealth Bank of Australia (Commonwealth Bank of Australia) Credit Losses Provision : $0 Mil (As of Dec. 2023)

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What is Commonwealth Bank of Australia Credit Losses Provision?

Commonwealth Bank of Australia's credit losses provision for the six 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.

Commonwealth Bank of Australia Credit Losses Provision Historical Data

The historical data trend for Commonwealth Bank of Australia'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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Commonwealth Bank of Australia Credit Losses Provision Chart

Commonwealth Bank of Australia Annual Data

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Credit Losses Provision

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Commonwealth Bank of Australia Semi-Annual Data
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Commonwealth Bank of Australia 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 semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Industry

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CBAUF:USA CWW:Germany CBAPK.PFD:Australia CBAPJ.PFD:Australia CBAPI.PFD:Australia CBAPH.PFD:Australia CBAPG.PFD:Australia CBAPD.PFD:Australia CBA:Australia

Address

11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.commbank.com.au

Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines

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