Our Banks Are Not Healthy
ALLL is Allowances for Loan and Lease Losses. This graph was inspired by How Overpriced Is The S&P 500?, but we didn’t want 4 separate charts that had the same essential message. The restrictions in the legend refer to banks with the listed values in total assets.
We also readily admit that moving up the Y axis looks far Doomier, but it wasn’t strictly necessary. Things are worse than the savings and loan debacle.
Click through for the commentary and more Charts o’ Doom.