Banca Popolare di Sondrio SpA (MIL:BPSO) Credit Losses Provision : €0 Mil (As of Mar. 2024)

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What is Banca Popolare di Sondrio SpA Credit Losses Provision?

Banca Popolare di Sondrio SpA'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.

Banca Popolare di Sondrio SpA Credit Losses Provision Historical Data

The historical data trend for Banca Popolare di Sondrio SpA'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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Banca Popolare di Sondrio SpA Credit Losses Provision Chart

Banca Popolare di Sondrio SpA Annual Data

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Credit Losses Provision

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Banca Popolare di Sondrio SpA Quarterly Data
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Banca Popolare di Sondrio SpA 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.

Banca Popolare di Sondrio SpA (MIL:BPSO) Business Description

Industry

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Traded in Other Exchanges

0NWJ:UK 593:Germany

Address

Piazza Garibaldi, 16, Sondrio, ITA, 23100

Website

https://www.popso.it

Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

Banca Popolare di Sondrio SpA (MIL:BPSO) Headlines

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