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Post# of 796566
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Wise Man

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Wise Man

Re: None

Monday, 04/27/2020 8:55:01 AM

Monday, April 27, 2020 8:55:01 AM

Post# of 796566
EARNINGS REPORTS. FOCUS ON THE LOAN LOSS RESERVE.
Comprised for the Allowance For Loan Losses and the Reserve for Guarantee Losses(CECL)
I expect a big increase of their Net Worth due to the release of most of the current Allowance for Loan Losses thanks to the new CECL accounting standard that went into effect on January 1st, plus their quarterly earnings.
The new reserve for Guarantee Losses or reserve for CECL is TIER2 Capital and Equity, so it won't affect negatively their Net Worth.

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