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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.485 | 1.30% | 37.735 | 37.79 | 37.36 | 37.66 | 17,498,666 | 19:34:08 |
From May 2019 to May 2024
By Allison Prang
Here's a look at credit quality at some of the country's major banking companies for the fourth quarter as the Covid-19 pandemic continues to weigh on consumers and businesses.
COMERICA INC.:
--Comerica had a $17 million benefit compared with a $5 million provision for credit losses in the third quarter.
--Net credit-related charge-offs as a percentage of average total loans was 0.22%, down from 3Q's 0.26%.
BANK OF AMERICA CORP.:
--Bank of America had a $53 million provision for credit losses, down from $1.39 billion in 3Q.
--Non-performing loans and leases as a percentage of total loans and leases was 0.54%, up from 0.48% in 3Q.
--The net charge-off rate was 0.38% in 4Q. It fell from 0.4% in 3Q.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
January 19, 2021 08:43 ET (13:43 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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