loan loss reserves

Low Rates, Fewer Loans Cut BofA’s 4Q Profits

Bank of America's results were helped by an $828 million release from its reserves for expected loan losses.

U.S. Banks’ Profits Sink 69% to $18.5B in Q1

Banks diverted earnings to reserves for "newly risky loans as the coronavirus tanked credit health and plunged the U.S. into a recession."

New Loss Accounting Rule Will Dent Some Banks’ Capital Levels

Banks with large portfolios of consumer loans and high loan-to-asset ratios may take the worst hits, according to S&P Global Ratings.

Synchrony Loss Warning Jars Market

Is a new round of consumer credit losses on the way for financial institutions?

Wells Fargo’s Q1 Profit Falls

The banking giant was forced to add $200 million to loan-loss reserves as its oil and gas portfolio deteriorated.