![](https://investorshub.advfn.com/uicon/732548.png?cb=1669206596)
Monday, April 27, 2020 8:55:01 AM
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.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM