Bancontander (Brasil) (Bancontander (Brasil)) Credit Losses Provision : $692 Mil (As of Dec. 2023)

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What is Bancontander (Brasil) Credit Losses Provision?

Bancontander (Brasil)'s credit losses provision for the three months ended in Dec. 2023 was $225 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $692 Mil.

Bancontander (Brasil)'s quarterly credit losses provision increased from Jun. 2023 ($232 Mil) to Sep. 2023 ($235 Mil) but then declined from Sep. 2023 ($235 Mil) to Dec. 2023 ($225 Mil).

Bancontander (Brasil)'s annual credit losses provision declined from Dec. 2021 ($385 Mil) to Dec. 2022 ($232 Mil) but then increased from Dec. 2022 ($232 Mil) to Dec. 2023 ($903 Mil).

Bancontander (Brasil) Credit Losses Provision Historical Data

The historical data trend for Bancontander (Brasil)'s Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bancontander (Brasil) Credit Losses Provision Chart

Bancontander (Brasil) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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896.96

321.99

385.40

231.73

902.98

Bancontander (Brasil) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Credit Losses Provision	Get a 7-Day Free Trial															-34.31	95.23	231.75	234.83	225.29

Bancontander (Brasil) Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $692 Mil.

Bancontander (Brasil) (Bancontander (Brasil)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander (Brasil) SA (NYSE:BSBR) » Definitions » Credit Losses Provision

Traded in Other Exchanges

SANB11:Brazil SANB4:Brazil SANB3:Brazil BSBR:Argentina

Address

Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011

Website

http://www.santander.com.br

Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.