The fourth-quarter results were depressed by loan provisions frontloading and restructuring charges to support the future profitability recovery whereas the organic operating leverage potential appears pretty limited without the support of hypothetical interest rate hikes.
04 Feb 2022
Loan provisions frontloading and updated business plan
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Loan provisions frontloading and updated business plan
- Published:
04 Feb 2022 -
Author:
David Grinsztajn -
Pages:
2
The fourth-quarter results were depressed by loan provisions frontloading and restructuring charges to support the future profitability recovery whereas the organic operating leverage potential appears pretty limited without the support of hypothetical interest rate hikes.