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Bank Earnings:Historical Results/2023 Q1: Difference between revisions
Bank Earnings:Historical Results/2023 Q1 (view source)
Revision as of 19:45, 18 April 2023
, 18 April 2023→Results
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|$1.2 billion | |$1.2 billion | ||
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|Net charge-offs | |||
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|$564 million(+84% Y/Y and 0.7% Q/Q) | |||
|“We continue to see some gradual weakening in underlying credit performance, including higher nonperforming assets,” Chief Financial Officer Mike Santomassimo said during the conference call. “We are proactively monitoring our clients’ sensitivity to inflation and higher rates and are taking appropriate actions when warranted.” He added | |||
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