Big banks are wrapping up and earning season is just getting started. You're listening to Motley

Full Money. full money. I'm Ricky mall be able to

I'm Ricky mall be

I'm Ricky Mallby joined today by Osset Sharma. Osset, good day sir.

Good day to you, Ricky.

What up, what up fool?

We got another batch of the big bank earnings. We got Bank of America. We got Morgan Stanley and

Aorset, the way I'm going to do this, I'm going to give, we have a menu of appetizers.

And you can select off this menu. There's four options. Here's here are my

takeaways. All right, number one. Traders are back. It was the best trading

quarter in a decade for Bank of America. Number two is that Bank of America had 1.5 billion in net charge-offs.

That's almost double from this quarter last year.

That's coming from credit cards in commercial real estate.

Number three, the big banks are still

facing declines and interest income. Number four, an off- menu order. You can

ask, you can bring what you want to the kitchen. What do you want to select off that

for for the big banks? Well let's start with that big number from Bank of America,

$1.5 billion in net charge-offs. I have a little saying if you provision

you'll be forgiven, meaning thereby if on your income statement you allow an

advance for some big losses. are okay with it and that's what Bank of America has been doing every quarter

they've been essentially saying look we think some folks are going to default on their loans on the commercial

side on the consumer side so we're preparing for that in our books when it

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