Qfin Holdings (QFIN) Loans - Loss Allowance (2017 - 2022)

Qfin Holdings has reported Loans - Loss Allowance for 6 years, with the latest figure at $77.9 million in Q4 2022.

• Quarterly Loans - Loss Allowance rose 0.9% year-over-year to $77.9 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $77.9 million (up 0.9% YoY) and the FY2022 annual result came in at $82.5 million, up 6.88% from the prior year.
• Loans - Loss Allowance climbed to $77.9 million in Q4 2022 per QFIN's latest filing, from $77.2 million in the prior quarter.
• Over five years, Loans - Loss Allowance peaked at $77.9 million in Q4 2022 and troughed at $2.5 million in Q4 2019.
• A 5-year average of $51.5 million and a median of $65.7 million in 2021 frame the typical range for Loans - Loss Allowance.
• The sharpest annual moves came in 2019 and 2020: Loans - Loss Allowance sank 69.76% in 2019, then surged 2280.37% in 2020.
• Over 5 years, Loans - Loss Allowance stood at $8.2 million in 2018, then tumbled by 69.76% to $2.5 million in 2019, then soared by 2280.37% to $59.0 million in 2020, then surged by 30.92% to $77.2 million in 2021, then increased by 0.9% to $77.9 million in 2022.
• According to Business Quant data, Loans - Loss Allowance over the past three periods registered $77.9 million, $77.2 million, and $70.2 million for Q4 2022, Q4 2021, and Q3 2021 respectively.