Non-Accrual Rates

bmoreland's picture

What Non-Accrual Rates Tell Us





Bank of America has just over $8 billion in 90+ days past due compared to a little over $14 billion in Non-Accrual. So for every $1.00 they have on Non-Accrual they have $0.57 in potentially near-term charge offs. Naturally, not every...

 
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