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GuruFocus has detected 6 Warning Signs with Banco Santander SA $SAN.
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Banco Santander SA (NYSE:SAN)
Credit Losses Provision
$2,939 Mil (TTM As of Dec. 2016)

Banco Santander SA's credit losses provision for the three months ended in Dec. 2016 was $2,538 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $2,939 Mil.

Banco Santander SA's quarterly credit losses provision increased from Jun. 2016 ($0 Mil) to Sep. 2016 ($401 Mil) and increased from Sep. 2016 ($401 Mil) to Dec. 2016 ($2,538 Mil).

Banco Santander SA's annual credit losses provision declined from Dec. 2014 ($12,973 Mil) to Dec. 2015 ($11,105 Mil) and declined from Dec. 2015 ($11,105 Mil) to Dec. 2016 ($10,081 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 Dec. 2016 was 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 400.673400673 (Sep. 2016 ) + 2537.97468354 (Dec. 2016 ) = $2,939 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Banco Santander SA Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 5,0970013,58114,42924,34315,04912,97311,10510,081

Banco Santander SA Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
IS_CreditLossesProvision 00006972,786004012,538
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