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Banco Santander SA (NYSE:SAN)
Credit Losses Provision
$9,254 Mil (TTM As of Sep. 2014)

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 increased from Dec. 2011 ($14,429 Mil) to Dec. 2012 ($24,308 Mil) but then declined from Dec. 2012 ($24,308 Mil) to Dec. 2013 ($15,070 Mil).


Definition

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.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Banco Santander SA Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 2,1372,0723,2815,0970013,58114,42924,30815,070

Banco Santander SA Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
IS_CreditLossesProvision 4,2673,9504,1134,07004,0391,9483,72803,579
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