Pre-Provision Net Revenue


Also found in: Acronyms.

Pre-Provision Net Revenue

Net revenue before adjusting for loss provisions. E.g. for a bank, net revenue would be the sum of net interest income and non-interest income less expenses (except loss provisions.).
Mentioned in ?
References in periodicals archive ?
Pre-provision net revenue of USD65.5m was 4.1 percent higher than the second quarter of 2017 and 11.3 percent higher than the third quarter of 2016.
Simmons said, "We continue to generate strong growth in pre-provision net revenue, reflecting operating leverage improvement resulting from solid loan growth, a more profitable earning assets mix and controlled core operating expenses.
Operating pre-provision net revenue of $82.1 million, up 2.7% from $79.9 million in the fourth quarter 2015, and up 50.5% from $54.5 million in the first quarter 20151
o Record quarterly pre-provision net revenue of USD90.3 million, an increase of 4.2 percent.
Pre-provision net revenue of $50.8 million was 6.6% lower than the fourth quarter of 2015 and 11.2% higher than the first quarter of 2015.
o Record quarterly pre-provision net revenue of USD89.6 million, an increase of 7.2 percent.
Accordingly, the projections in the results represent hypothetical estimates that involve an economic outcome more adverse than expected, and are not First Republic's actual projections of expected pre-provision net revenue, losses, net income before taxes or capital ratios.
Additionally, 1st Source has outperformed all similar sized Indiana banks in Pre-Provision Net Revenue Ratio, according to BankRegData.com.
Zions said that, based upon an initial review of the Federal Reserve's publication, Zions' DFAST results were worse than Zions had projected primarily because of significantly higher commercial real estate losses, significantly greater risk-weighted assets, and lower pre-tax, pre-provision net revenue.
Pre-tax pre-provision net revenues increased a strong 13% for the quarter even after excluding a USD 12 million one-time charitable expense a year ago, and the efficiency ratio improved to 57.8% from 61.6% in the year-ago quarter.