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CWB Financial's Q4 profit fell as the company increased its provision for credit losses.
CWB Financial reported a decrease in its fourth-quarter profit due to an increase in the provision for credit losses.
This financial move indicates the company is setting aside more money to cover potential loan defaults, impacting its overall earnings for the quarter.
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El beneficio Q4 de CWB Financial cayó a medida que la compañía aumentó su provisión para pérdidas crediticias.