Accounting standard newly cited
Filing comparison
Santander Holdings USA, Inc. cited accounting standard ASU 2025-08 for the first time in this filing series
Recently Adopted Accounting Standards During the fourth quarter of 2025, the Company adopted ASU 2025-08 Financial Instruments - Credit Losses (Topic 326): Purchased Loans.
Evidence
- Adopted
- 2025-08
- Contexts
- Recently Adopted Accounting Standards During the fourth quarter of 2025, the Company adopted ASU 2025-08 Financial Instruments - Credit Losses (Topic 326): Purchased Loans.
- New standards
- 2025-08, 2025-09
- Prior filed
- 2025-11-03
- Prior form
- 10-Q
- Restates existing policy
- No
- Source
- accounting standards update (ASU) reference comparison
- Why
- An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.