Bank Of America To Report Third
- Overall, given the setting, the asset quality of our commercial loan guide remained stable and 89% of exposures had been both investment grade or collateralized.
- But it was really simply until you had some clarity where the thing was going, you had to be careful for a while.
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- Offsetting these headwinds, we at present intend to once more make investments a portion of our excess deposits which proceed to develop in Q4, into securities.
- The decline was driven by a reduction in litigation expense.
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It will develop slowly though as a result of we’ve been continuously taking down. And then just a comply with up simply on — on — on — you mentioned the progress that has been occurring within the franchise, as we sort of get somewhat bit closer to reopening. A lot of these card and — and shopper-associated fee objects are still kind of hanging in there, plus or minus. But when you — I’ll provide the sense of its impression though. If you look at the decline in web interest yield for the company, a third of it was due to premium amortization within the quarter. And so, we’ve a extra of a secure stage of — of revenues.
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