financetom
Business
financetom
/
Business
/
Bank of America Reports Increase in Credit Card Delinquency Rate for June
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bank of America Reports Increase in Credit Card Delinquency Rate for June
Jul 15, 2025 9:22 AM

11:55 AM EDT, 07/15/2025 (MT Newswires) -- Bank of America ( BAC ) reported a slight increase in its credit card delinquency rate for June, according to a filing with the SEC on Tuesday.

The delinquency rate for its BA Master Credit Card Trust II rose to 1.38% at the end of June from 1.37% in May, according to the filing.

The net charge-off rate fell to 2.26% in June from 2.44% in May, it added.

Receivables for the trust declined slightly to $15.14 billion from $15.15 billion at the end of May, according to the filing.

Price: 46.62, Change: -0.45, Percent Change: -0.97

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved