Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets : 4.38% (As of 2024-04-01)
Basic Info
Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets was 4.38 as of 2024-04-01, according to The Federal Reserve. Historically, Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets reached a record high of 10.64 and a record low of 1.57, the median value is 3.8. Typical value range is from 2.43 to 3.79. The Year-Over-Year growth is 43.46%. GuruFocus provides the current actual value, an historical data chart and related indicators for Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets - last updated on 2024-04-01.
Quarterly , seasonally adjusted . Charge-off rates are annualized, net of recoveries. The 100 largest banks are measured by consolidated foreign and domestic assets.
| Category | Money, Banking, & Finance |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 4.38% | ||
| Latest Period | 2024-04-01 | ||
| Long Term Average | 3.11% | ||
| Average Annualized Growth Rate | +2.04% | ||
| Value from 1 year ago | 3.05% | ||
| Change from 1 year ago | +43.61% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | source link |
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