01:30 PM EDT, 03/15/2024 (MT Newswires) -- Capital One Financial ( COF ) said in a regulatory filing Friday that its credit card delinquency rate fell while its net charge-off rate rose month-over-month in February.

The company said that its delinquency rate stood at 4.72%, down from 4.78% in January. The net charge-off rate was 5.95%, compared with 5.71% a month ago.

Both rates were still above the pre-pandemic levels. The delinquency rate was 3.88% and the net charge-off rate was 4.68% for the month ended Feb. 29, 2020.

Shares of Capital One Financial ( COF ) were down 1.3% in recent trading activity.

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