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  5. BMO: Hi 5i Banking industry often mentions PTPP. [Bank of Montreal]
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Q: Hi 5i
Banking industry often mentions PTPP.... in laymens terms, what does this mean and why is it important...
thx
Asked by jim on March 04, 2024
5i Research Answer:

Pre-Tax Pre-Provision earnings (PTPP) refers to Income before provisions for credit losses and income taxes. It tries to show how operating earnings are before one consideres loan quality and taxes.