With respect to its economic outlook, the bank released $48 million of reserves in the quarter, compared to rival banks JPMorgan Chase & Co <JPM.N> and Wells Fargo & Co <WFC.N>, which boosted loss provisions in the quarter. BofA's total loan loss provisions as of June 30 were $500 million.
Neutral
Neutral
Wells Fargo & Co
Neutral
Neutral
JPMorgan Chase & Co
Neutral
Neutral
BofA