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Banco Santander SA's credit losses provision for the three months ended in Sep. 2014 was $3,579 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $9,254 Mil.
Banco Santander SA's quarterly credit losses provision declined from Mar. 2014 ($3,728 Mil) to Jun. 2014 ($0 Mil) but then increased from Jun. 2014 ($0 Mil) to Sep. 2014 ($3,579 Mil).
Banco Santander SA's annual credit losses provision declined from Dec. 2012 ($24,308 Mil) to Dec. 2013 ($15,070 Mil) and declined from Dec. 2013 ($15,070 Mil) to Jun. 2014 ($0 Mil).
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.
Banco Santander SA Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2014 was 1947.87379973 (Dec. 2013 ) + 3727.5242047 (Mar. 2014 ) + 0 (Jun. 2014 ) + 3578.60824742 (Sep. 2014 ) = $9,254 Mil.
Banco Santander SA Annual Data
Banco Santander SA Quarterly Data