Switch to:
GuruFocus has detected 4 Warning Signs with Banco Santander SA $SAN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Banco Santander SA (NYSE:SAN)
Credit Losses Provision
$10,205 Mil (TTM As of Mar. 2017)

Banco Santander SA's credit losses provision for the three months ended in Mar. 2017 was $711 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2017 was $10,205 Mil.

Banco Santander SA's quarterly credit losses provision increased from Sep. 2016 ($401 Mil) to Dec. 2016 ($2,538 Mil) but then declined from Dec. 2016 ($2,538 Mil) to Mar. 2017 ($711 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 Mar. 2017 was 6555.05617978 (Jun. 2016 ) + 400.673400673 (Sep. 2016 ) + 2537.97468354 (Dec. 2016 ) + 711.229946524 (Mar. 2017 ) = $10,205 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

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 0006972,7864246,5554012,538711
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK