Futu Holdings (FUTU) Loans - Loss Allowance: 2019-2022

Historic Loans - Loss Allowance for Futu Holdings (FUTU) over the last 1 years, with Jun 2022 value amounting to -$2.6 million.

  • Futu Holdings' Loans - Loss Allowance fell 116.72% to -$2.6 million in Q2 2022 from the same period last year, while for Jun 2022 it was -$2.6 million, marking a year-over-year decrease of 116.72%. This contributed to the annual value of -$1.6 million for FY2021, which is 34.50% down from last year.
  • As of Q2 2022, Futu Holdings' Loans - Loss Allowance stood at -$2.6 million, which was down 63.12% from -$1.6 million recorded in Q4 2021.
  • Over the past 5 years, Futu Holdings' Loans - Loss Allowance peaked at $15.4 million during Q2 2021, and registered a low of -$2.6 million during Q2 2022.
  • Its 3-year average for Loans - Loss Allowance is $4.7 million, with a median of $3.8 million in 2020.
  • In the last 5 years, Futu Holdings' Loans - Loss Allowance plummeted by 117.15% in 2020 and then spiked by 66.45% in 2021.
  • Over the past 4 years, Futu Holdings' Loans - Loss Allowance (Quarterly) stood at $6.8 million in 2019, then plummeted by 117.15% to -$1.2 million in 2020, then slumped by 34.42% to -$1.6 million in 2021, then tumbled by 116.72% to -$2.6 million in 2022.
  • Its Loans - Loss Allowance was -$2.6 million in Q2 2022, compared to -$1.6 million in Q4 2021 and $8.7 million in Q3 2021.