Big banks report big loans in Q1

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US equities were relatively stable Tuesday as investors enjoyed a break from back-to-back tariff headlines and digested a batch of positive bank earnings. 

Goldman Sachs, Citibank and Bank of America reported this week. A couple data points of note: 

Banks don’t seem worried about potential loan and lease losses 

In some cases, they’re actually holding less — like Goldman Sachs, which set aside $287 million in credit loss provisions during Q1, compared to $351 million in Q4 2024. The Bank of New York Mellon also decreased its provisions from $20 million in Q4 to $18 million…

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