Loan Loss Reserves

On what is an all-too-familiar theme so far this quarter, Bank of America (NYSE: BAC) reported better than expected second quarter results. However, shares were volatile following the release as the quality of the earnings came into question, which has been a common theme this earnings season for...

A key theme in the recent earnings releases from some of the nation's big banks has been the reduction in an accounting item called the loan loss reserves. Although this sounds like mere book keeping at first, loan loss reserves have contributed hundreds of millions to bank profits recently and...

Citigroup (NYSE: C) reported second quarter EPS that beat estimates on the top and bottom lines. However, some accounting items boosted profits and made the numbers appear slightly better at first glance than they really are. Second Quarter Highlights For the second quarter of 2013, Citigroup...

Mortgage banking giant Wells Fargo (NYSE: WFC) reported second quarter results before the bell Friday that initially looked to have beaten analyst estimates. However, adjusting for one-time items, the number looks worse and appears to be slightly weaker than the consensus forecast. Second Quarter...