Vaccines boost u.s. bank earnings outlook, according to s&p global market intelligence's annual u.s. bank market reports

New york, april 29, 2021 /prnewswire/ -- community banks and their larger counterparts stand to report far fewer loan losses than previously expected, according to s&p global market intelligence's annual u.s. bank and u.s. community bank market reports. the two new reports conclude that the outlook for bank returns is far more favorable now than even a few months ago as credit costs should be significantly lower than previously expected due to the accelerated pace of vaccinations and additional government stimulus.
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