11-27-2024, 03:55 PM
As of Q1, 2024, BofA had estimated unrealized losses in their HTM (Hold to Maturity) T-Bond portfolio of $110 billion. That's a $110 billion loss up from a $98 billion unrealized loss in Q4, 2023. This, on a $595 billion portfolio. This is related to the issue that sunk SVB. No, it's not nearly as bad. But it ain't good.
Bank of America’s paper loss on its bond portfolio reaches $110 bln and outpaces other banks: report - MarketWatch
As of Q3, 2024 the loss has increased to $131.6 billion. JP Morgan Chase's unrealized losses in the same category were $20 billion
Bank of America's unrealized losses on securities rose to $131.6 bln in Q3
Bank of America’s paper loss on its bond portfolio reaches $110 bln and outpaces other banks: report - MarketWatch
As of Q3, 2024 the loss has increased to $131.6 billion. JP Morgan Chase's unrealized losses in the same category were $20 billion
Bank of America's unrealized losses on securities rose to $131.6 bln in Q3
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