Morgan Stanley Q2 Provision For Credit Losses $161M, Up From $101M YoY
Portfolio Pulse from Bill Haddad
Morgan Stanley's Q2 provision for credit losses has increased to $161M, up from $101M year-over-year.
July 18, 2023 | 11:31 am
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Morgan Stanley's increased provision for credit losses may indicate a potential increase in bad loans, which could negatively impact the company's financial performance.
An increase in the provision for credit losses typically indicates that a bank expects more loans to go bad. This could lead to a decrease in earnings and potentially impact the stock price negatively.
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