01:29 PM EDT, 07/15/2024 (MT Newswires) -- Bank of America ( BAC ) said its credit card trust delinquency and net charge-off rates rose month-over-month in June.

The BA Master Credit Card Trust II delinquency rate was 1.41% in June, up from 1.38% in May, the bank disclosed in a filing with the Securities and Exchange Commission Monday.

The net charge-off rate rose to 2.50% from 2.48% in the previous month. Receivables outstanding in June remained unchanged at $15.82 billion, the bank said.

Shares of Bank of America ( BAC ) rose nearly 1% in recent trading.

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