The impact of a major change in accounting for loan losses is all over the map based on the latest batch of estimates released by a smattering of banks.
More than a dozen banks on Oct. 16 and Oct. 17 gave analysts insights into how their much-watched loan loss reserve figure could change once they implement the current expected credit losses (CECL) accounting standard in 2020.
Many of them said it was still too soon to tell. But estimates among the others are a study in extremes—from KeyCorp Inc. saying it expected barely any change to its reserves to Atlantic ...
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