What does PR — provision for loan lease and other losses mean?

The amount of money the bank sets aside as an expense to cover potential future loan losses.

How do you interpret PR — provision for loan lease and other losses?

An increase in the provision expense typically signals management's expectation of higher future credit losses or portfolio growth.

How does PR — provision for loan lease and other losses compare across companies?

Standard industry metric known as 'Provision for Credit Losses' (PCL) or 'Loan Loss Provision'.

Popular BPOP PR — Provision For Loan Lease And Other Losses

Discontinued — last reported Q4 '19

Similar metrics at other companies

ALLYAutomotive Finance Operations — Provision For Loan And Lease Losses

-$22M-103%

SSBFinancial Service Product One — Provision For Loan Lease And Other Losses

$4.87M+370%

WTFCCommunity Banking — Provision For Loan Lease And Other Losses

$46.23M—

KEYOperating Segments — Provision For Loan And Lease Losses

$52M+23.8%

PNCProvision For Credit Losses

$210M-4.1%

CFRNon Banks — Provision For Loan And Lease Losses

$0—

Other financials

Income statement

See full

Revenue$835.8M+10.3%

Net income$245.7M+38.4%

EPS (diluted)$3.78+47.7%

Balance sheet

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Cash & equivalents$394.7M+1.1%

Total debt$1.6B+13.3%

Total equity$6.3B+8.8%

Total assets$76.1B+2.8%

Cash flow

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Operating cash flow$191.6M+11.4%

CapEx$36.7M-28.8%

Free cash flow$154.9M+28.5%

Valuation

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Market cap$10.28B+36.1%

Enterprise value$11.49B+33.6%

P/E11.4×+0.4×

P/S3.1×+0.6×

Profitability

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Net margin27.5%+4.4pp

FCF margin21.8%+5.9pp

Returns & leverage

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Return on equity14.9%+2.3pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The official record: Popular’s 10-K, filed March 2, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does PR — provision for loan lease and other losses mean?: The amount of money the bank sets aside as an expense to cover potential future loan losses.
How do you interpret PR — provision for loan lease and other losses?: An increase in the provision expense typically signals management's expectation of higher future credit losses or portfolio growth.
How does PR — provision for loan lease and other losses compare across companies?: Standard industry metric known as 'Provision for Credit Losses' (PCL) or 'Loan Loss Provision'.