Service Corporation International SCI Provision for Credit Losses

Provision for Credit Losses at other companies

Synchrony FinancialSYF

$1.34B-10.5%

BOK FinancialBOKF

$0—

Ready CapitalRC

$70.91M+165%

Truist FinancialTFC

$479M+4.6%

Affirm Holdings, Inc.AFRM

$196.54M+33.5%

RBC BearingsRBC

$100K+500%

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.