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SpareBank 1 SMN (OSL:MING) Allowance For Loans And Lease Losses : kr-907 Mil (As of Dec. 2023)


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What is SpareBank 1 SMN Allowance For Loans And Lease Losses?

SpareBank 1 SMN's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was kr-907 Mil.

SpareBank 1 SMN's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (kr-1,051 Mil) to Sep. 2023 (kr-1,074 Mil) but then increased from Sep. 2023 (kr-1,074 Mil) to Dec. 2023 (kr-907 Mil).

SpareBank 1 SMN's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (kr-1,410 Mil) to Dec. 2022 (kr-1,081 Mil) and increased from Dec. 2022 (kr-1,081 Mil) to Dec. 2023 (kr-907 Mil).


SpareBank 1 SMN Allowance For Loans And Lease Losses Historical Data

The historical data trend for SpareBank 1 SMN's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SpareBank 1 SMN Allowance For Loans And Lease Losses Chart

SpareBank 1 SMN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -998.00 -1,516.00 -1,410.00 -1,081.00 -907.00

SpareBank 1 SMN Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,081.00 -972.00 -1,051.00 -1,074.00 -907.00

SpareBank 1 SMN Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


SpareBank 1 SMN Allowance For Loans And Lease Losses Related Terms

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SpareBank 1 SMN (OSL:MING) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (OSL:MING) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN (OSL:MING) Headlines

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