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Bank of America Reports Credit Card Delinquency, Net Charge-Off Rates for November
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Bank of America Reports Credit Card Delinquency, Net Charge-Off Rates for November
Dec 16, 2024 11:07 AM

01:55 PM EST, 12/16/2024 (MT Newswires) -- Bank of America ( BAC ) in a regulatory filing Monday said its credit card delinquency rate stood at 1.51% in November, while its net charge-off rate was 2.66%.

Capital One Financial said it had $15.65 billion in credit card loans outstanding on Nov. 30.

By comparison, Bank of America ( BAC ) reported a credit card delinquency rate of 1.52% and a net charge-off rate of 2.41% in October, while credit card loans amounted to $15.61 billion.

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