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Grupo Supervielle (Grupo Supervielle) Credit Losses Provision : $77 Mil (As of Mar. 2024)


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What is Grupo Supervielle Credit Losses Provision?

Grupo Supervielle's credit losses provision for the three months ended in Mar. 2024 was $9 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $77 Mil.

Grupo Supervielle's quarterly credit losses provision increased from Sep. 2023 ($11 Mil) to Dec. 2023 ($47 Mil) but then declined from Dec. 2023 ($47 Mil) to Mar. 2024 ($9 Mil).

Grupo Supervielle's annual credit losses provision declined from Dec. 2021 ($433 Mil) to Dec. 2022 ($203 Mil) and declined from Dec. 2022 ($203 Mil) to Dec. 2023 ($78 Mil).


Grupo Supervielle Credit Losses Provision Historical Data

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

Grupo Supervielle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.84 290.58 433.45 202.81 77.94

Grupo Supervielle Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision 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 46.44 10.96 10.77 46.75 8.72

Grupo Supervielle 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 $77 Mil.

* 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.


Grupo Supervielle (Grupo Supervielle) Business Description

Traded in Other Exchanges
Address
Bartolome Mitre 434, Buenos Aires, ARG, C1036AAH
Grupo Supervielle SA offers financial products & services. The company's segments include Personal and Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, Asset Management, and other services. The company provides services to individuals, small businesses, middle-market companies, and large corporates in Argentina. The company also offers mutual fund services.

Grupo Supervielle (Grupo Supervielle) Headlines

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