What Is Pre-Provision Operating Profit—PPOP?

Pre-provision operating profit—PPOP—is a measure of a bank’s earnings before loan-loss provisions and before taxes. It is a useful metric for evaluating a bank’s profitability and performance, as it excludes items that are not under the control of management. Is PBT the same as net profit? PBT, or profit before tax, is an accounting measure … Read more