-
Royal Bank of Canada (RY $177.48)
-
Toronto-Dominion Bank (The) (TD $100.09)
-
Bank of Nova Scotia (The) (BNS $55.99)
Q: hypothetical question on loss provisions: should these provisions that are set aside (or at least a portion of them) ultimately not be necessary in the future, does that mean there is a potential for them to be reflected as revenue on future earnings and thus, result in a seemingly excellent quarter, year, or whenever this situation could happen? How is viewed from an accounting perspective?