loan loss reserves

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

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.
By Matthew Heller | January 19, 2021
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U.S. Banks’ Profits Sink 69% to $18.5B in Q1
Financial Performance

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."
By Matthew Heller | June 17, 2020
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New Loss Accounting Rule Will Dent Some Banks’ Capital Levels
Regulation

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.
By Vincent Ryan | March 26, 2019
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Synchrony Loss Warning Jars Market
Risk

Synchrony Loss Warning Jars Market

Is a new round of consumer credit losses on the way for financial institutions?
By Matthew Heller | June 15, 2016
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Wells Fargo’s Q1 Profit Falls
Risk

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.
By Katie Kuehner-Hebert | April 14, 2016
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