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Banco Santander SA's credit losses provision for the three months ended in Mar. 2015 was $0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2015 was $6,602 Mil.
Banco Santander SA's quarterly credit losses provision declined from Sep. 2014 ($3,579 Mil) to Dec. 2014 ($3,023 Mil) and declined from Dec. 2014 ($3,023 Mil) to Mar. 2015 ($0 Mil).
Banco Santander SA's annual credit losses provision declined from Dec. 2012 ($24,343 Mil) to Dec. 2013 ($14,901 Mil) and declined from Dec. 2013 ($14,901 Mil) to Dec. 2014 ($13,025 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. 2015 was 0 (Jun. 2014 ) + 3578.60824742 (Sep. 2014 ) + 3023.42786683 (Dec. 2014 ) + 0 (Mar. 2015 ) = $6,602 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