trending Market Intelligence /marketintelligence/en/news-insights/trending/PqSTlhEhxDS1uYCxv76Idw2 content esgSubNav
In This List

Delinquencies down at major US card issuers

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Delinquencies down at major US card issuers

In December 2019, major U.S. credit card issuers posted lower delinquencies while the net charge-off trend was mixed.

The average delinquency ratio among master trust portfolios at six large card issuers — American Express Co., Bank of America Corp., Capital One Financial Corp., Citigroup Inc., Discover Financial Services and JPMorgan Chase & Co. — fell 3 basis points month over month to 1.48% in December 2019. Meanwhile, the average net charge-off ratio rose 10 basis points month over month to 2.32%.

The group's average trust portfolio loan yield increased 47 basis points month over month to 20.59% in December 2019.

SNL Image

Click here for the underlying data for credit card master trust yields, net charge-offs, and delinquencies.