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Banco Santander SA's credit losses provision for the three months ended in Mar. 2016 was $0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $2,786 Mil.
Banco Santander SA's quarterly credit losses provision increased from Sep. 2015 ($0 Mil) to Dec. 2015 ($2,786 Mil) but then declined from Dec. 2015 ($2,786 Mil) to Mar. 2016 ($0 Mil).
Banco Santander SA's annual credit losses provision declined from Dec. 2012 ($24,343 Mil) to Dec. 2013 ($15,070 Mil) and declined from Dec. 2013 ($15,070 Mil) to Dec. 2014 ($12,973 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 Mar. 2016 was 0 (Jun. 2015 ) + 0 (Sep. 2015 ) + 2786.49237473 (Dec. 2015 ) + 0 (Mar. 2016 ) = $2,786 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Banco Santander SA Annual Data
Banco Santander SA Quarterly Data