Societe Generale (Societe Generale) Credit Losses Provision : $0 Mil (As of Mar. 2024)

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What is Societe Generale Credit Losses Provision?

Societe Generale's credit losses provision for the three months ended in Mar. 2024 was $0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.

Societe Generale Credit Losses Provision Historical Data

The historical data trend for Societe Generale's Credit Losses Provision 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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Societe Generale Credit Losses Provision Chart

Societe Generale Annual Data

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Credit Losses Provision

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Societe Generale Quarterly Data
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Societe Generale Credit Losses Provision Calculation

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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Societe Generale (Societe Generale) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Societe Generale SA (OTCPK:SCGLF) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

SCGLY:USA GLE:Mexico GLE:Italy GLEp:UK 0J6Y:UK GLE:France SGE:Germany GLE:Austria

Address

29, Boulevard Haussmann, Paris, FRA, 75009

Website

https://www.societegenerale.com

Founded in 1884, Societe Generale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.