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Banco Santander SA (NYSE:SAN)
Credit Losses Provision
$3,187 Mil (TTM As of Sep. 2016)

Banco Santander SA's credit losses provision for the three months ended in Sep. 2016 was $401 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $3,187 Mil.

Banco Santander SA's quarterly credit losses provision stayed the same from Mar. 2016 ($0 Mil) to Jun. 2016 ($0 Mil) but then increased from Jun. 2016 ($0 Mil) to Sep. 2016 ($401 Mil).

Banco Santander SA's annual credit losses provision declined from Dec. 2013 ($15,070 Mil) to Dec. 2014 ($12,973 Mil) and declined from Dec. 2014 ($12,973 Mil) to Dec. 2015 ($11,105 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. 2016 was 2786.49237473 (Dec. 2015 ) + 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 400.673400673 (Sep. 2016 ) = $3,187 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 3,2815,0970013,58114,42924,34315,07012,97311,105

Banco Santander SA Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 3,48200006972,78600401
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