Grupo Security (XSGO:SECURITY) Credit Losses Provision : CLP0 Mil (As of Mar. 2024)

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What is Grupo Security Credit Losses Provision?

Grupo Security's credit losses provision for the three months ended in Mar. 2024 was CLP0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was CLP0 Mil.

Grupo Security Credit Losses Provision Historical Data

The historical data trend for Grupo Security'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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Grupo Security Credit Losses Provision Chart

Grupo Security Annual Data

Trend

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Credit Losses Provision

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Grupo Security Quarterly Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Grupo Security 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 CLP0 Mil.

Grupo Security (XSGO:SECURITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Security SA (XSGO:SECURITY) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apoquindo 3150, Piso 14, Las Condes, Santiago, CHL

Website

http://www.security.cl

Grupo Security SA is a Chile-based diversified financial company. It offers banking, insurance, asset management, and other services to individuals and large and midsize companies. Grupo Security has four main business segments: Banco Security & Factoring Security for lending, Inversiones Security for asset management and stock brokerage, Vida Security for insurance, and Travel Security & Inmobiliaria Security for nonfinancial products and services. Banco Security & Factoring Security is focused on commercial banking but also offers treasury and other services. Inversiones Security provides advisory services to help private, corporate, and institutional customers manage assets. Vida Security provides traditional life insurance and annuities.

Grupo Security (XSGO:SECURITY) Headlines

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