loan losses

Nordea AB, the largest bank in the Nordic region, on Wednesday reported a 72 percent jump in fourth-quarter earnings, as interest income grew and loan losses shrank.

Wilshire Bancorp, Inc. (Nasdaq: WIBC) 16.4% LOWER; expects to record a net loss for the second quarter of 2010.

The net loss is primarily attributable to an elevated provision for loan losses and an increase in net loan charge-offs.

Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from sales of non-performing and delinquent loans.

Bank of America Corp reported a wider-than-expected quarterly loss, hurt by still-high loan losses and its repayment of U.S. government bailout aid.

Banking company KeyCorp says its loss widened considerably in the third quarter as it set aside more money for possible loan losses as borrowers are having a tough time repaying debts amid the recession.

The Associated Press 3 comments In this photo made Wednesday, Sept. 30, 2009, a branch office of Bank of America is shown in New York.

Bank of America Corp. said Friday it lost more than $2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills.

JPMorgan Chase, the first of the big banks to report third-quarter earnings, says its loan losses are still high and are expected to remain that way for the foreseeable future.

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JPMorgan Chase, the first of the big banks to report third-quarter earnings, says its loan losses are still high and are expected to remain that way for the foreseeable future, a troubling sign for the economy.

Regional bank stocks fell sharply Wednesday, extending a recent losing streak as concerns about rising loan losses remained high ahead of the government's unemployment report.

Swedbank, hit hard by loan losses in the Baltics, says it will issue preferred shares.