Philippine Bank of Communications (PHS:PBC) Credit Losses Provision : ₱0 Mil (As of Mar. 2024)

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What is Philippine Bank of Communications Credit Losses Provision?

Philippine Bank of Communications's credit losses provision for the three months ended in Mar. 2024 was ₱0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ₱0 Mil.

Philippine Bank of Communications Credit Losses Provision Historical Data

The historical data trend for Philippine Bank of Communications'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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Philippine Bank of Communications Credit Losses Provision Chart

Philippine Bank of Communications Annual Data

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Credit Losses Provision

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Philippine Bank of Communications Quarterly Data
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Philippine Bank of Communications 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 ₱0 Mil.

Philippine Bank of Communications (PHS:PBC) Business Description

Industry

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Address

6795 Ayala Avenue corner V.A. Rufino Street, PBCom Tower, P.O. Box 3281, Makati City, PHL, 1226

Website

https://www.pbcom.com.ph

Philippine Bank of Communications is a banking corporation registered in the Philippines. It is engaged in providing retail and commercial banking services such as savings, deposits, current accounts, cash management, checking, time deposit account, and debit cards. It also offers consumer loans such as home loans, auto loans, and personal loans as well as investment services and wealth management, SME (small-medium enterprises) loans, and corporate loans. It organizes its business into five segments namely Branch Banking, Corporate Banking, Treasury, Consumer Finance, and Trust and Wealth management. The company's revenue consists of interest income, dividends, fees, and commissions.

Philippine Bank of Communications (PHS:PBC) Headlines

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