U.S. delinquencies and net charge-offs extended their decline in April, though both remain comfortably above their pre-pandemic levels. The average delinquency rate retreated to 2.82% from 2.94% in ...

The Federal Reserve recently ended its most aggressive interest rate-hiking campaign in four decades. Many expected rising interest rates to thrust the U.S. economy into recession quickly, but ...

Bank OZK has a strong net interest margin supported by the construction loan portfolio. OZK has a low net charge-off ratio which is supported by low leverage. The bank manages overhead expenses very ...

JPMorgan Chase charged off $1.8 billion in card loans in the second quarter. Charge-offs on credit card loans have risen the past two years. CFO Jeremy Barnum calls it a "normalization, not ...

Robust consumer spending in the past few years has helped the U.S. avoid a recession. Consumer spending continues to grow, albeit at a slower pace than last year. U.S. consumer credit card debt is ...

U.S. credit card delinquencies and net charge-offs rebounded last month after May's pullback, with both metrics exceeding above prepandemic levels. The average delinquency rate accelerated to 2.79% in ...