MasterBrand MBC Provision for Credit Losses

Provision for Credit Losses at other companies

Cavco IndustriesCVCO

-$413K—

WhirlpoolWHR

$4M+300%

Questions, answered.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.