The Bank of Thailand is confident that the nation’s banking system is rock solid despite some worrying dips in loan growth.
The company has now set aside $112.6M in loan loss provisions, up 25% from last year, with $52.2M set aside for lifetime losses on existing loans (up 11% year-over-year) and the remaining $60.5M ...
SAO PAULO (Reuters) - Brazilian state-run lender Banco do Brasil posted on Wednesday an 8.3% increase in its third-quarter ...
Bank of America said its provision for loan losses in the third quarter was flat versus the prior quarter at $1.5 billion, but was up from $1.2 billion in the year-earlier period. Net charge-offs ...
NYCB posts bigger-than -expected loss in third quarter Records $388 million in charge-offs in office portfolio Shares slide 9% as loan-loss provision jumps four-fold Oct 25 (Reuters) - New York ...
(Reuters) - Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida ...
Additionally, a higher loan loss provision, which exceeded their estimate by $24 million, negatively affected EPS by $0.16. These factors were somewhat mitigated by reduced operating expenses.
The higher loan losses were driven by the commercial real ... Barclays analysts wrote in a note to clients that the “slight provision miss will catch attention” but that it only gave ground ...
Additionally, a higher loan loss provision, which exceeded their estimate by $24 million, negatively affected EPS by $0.16. These factors were somewhat mitigated by reduced operating expenses. Navient ...