BFH - Credit card delinquency rates fall in April net charge-offs stay stable
2024-05-20 16:48:53 ET
| 2024 |
| 2023 |
| 2019 |
| bps change, April '19 to April '24 |
| Company |
| Ticker |
| Type |
| April |
| March |
| Feb. |
| 3-month average |
| April |
| April |
| delinquency |
| 4.23% |
| 4.48% |
| 4.72% |
| 4.48% |
| 3.57% |
| 3.42% |
| 81 |
| charge-off |
| 6.07% |
| 6.15% |
| 5.95% |
| 6.06% |
| 4.26% |
| 5.15% |
| 92 |
| NYSE: AXP |
| delinquency |
| 1.40% |
| 1.40% |
| 1.50% |
| 1.43% |
| 1.10% |
| 1.40% |
| 0 |
| charge-off |
| 2.50% |
| 2.30% |
| 2.40% |
| 2.40% |
| 1.50% |
| 2.40% |
| 10 |
| delinquency |
| 0.81% |
| 0.79% |
| 0.80% |
| 0.80% |
| 0.87% |
| 1.18% |
| -37 |
| charge-off |
| 1.48% |
| 1.49% |
| 1.58% |
| 1.52% |
| 1.58% |
| 2.51% |
| -103 |
| delinquency |
| 4.60% |
| 4.70% |
| 5.00% |
| 4.77% |
| 3.70% |
| 4.10% |
| 50 |
| adjusted charge-off |
| 6.70% |
| 6.40% |
| 6.50% |
| 6.53% |
| 4.70% |
| 6.50% |
| 20 |
| delinquency |
| 3.72% |
| 3.83% |
| 4.01% |
| 3.85% |
| 2.75% |
| 2.38% |
| 134 |
| charge-off |
| 5.60% |
| 5.90% |
| 5.86% |
| 5.79% |
| 3.56% |
| 3.46% |
| 214 |
| delinquency |
| 6.00% |
| 6.20% |
| 6.70% |
| 6.30% |
| 5.50% |
| 4.90% |
| 110 |
| charge-off |
| 8.60% |
| 8.80% |
| 8.90% |
| 8.77% |
| 7.80% |
| 6.40% |
| 220 |
| NYSE: C |
| delinquency |
| 1.44% |
| 1.47% |
| 1.49% |
| 1.47% |
| 1.14% |
| 1.61% |
| -17 |
| charge-off |
| 2.80% |
| 2.90% |
| 2.27% |
| 2.66% |
| 1.99% |
| 3.15% |
| -35 |
| NYSE: BAC |
| delinquency |
| 1.39% |
| 1.41% |
| 1.39% |
| 1.40% |
| 1.17% |
| 1.62% |
| -23 |
| charge-off |
| 2.80% |
| 2.46% |
| 2.05% |
| 2.44% |
| 1.89% |
| 2.83% |
| -33 |
| Avg. delinquency |
| 2.95% |
| 3.04% |
| 3.20% |
| 3.06% |
| 2.48% |
| 2.58% |
| 69 |
| Avg.charge-off |
| 4.57% |
| 4.55% |
| 4.44% |
| 4.52% |
| 3.41% |
| 4.05% |
| 16 |
| Avg. delinquency ex-BFH |
| 2.51% |
| 2.58% |
| 2.70% |
| 2.60% |
| 2.04% |
| 2.24% |
| 27 |
| Avg. charge-off ex-BFH |
| 3.99% |
| 3.94% |
| 3.80% |
| 3.91% |
| 2.78% |
| 3.71% |
| 24 |