Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets : 4.2% (As of 2024-01-01)
Historical Data
Basic Info
Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets was 4.2 as of 2024-01-01, according to The Federal Reserve. Historically, Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets reached a record high of 10.64 and a record low of 1.57, the median value is 3.78. Typical value range is from 2.43 to 3.73. The Year-Over-Year growth is 52.73%. GuruFocus provides the current actual value, an historical data chart and related indicators for Charge-off Rate on Credit Card Loans, Top 100 Banks Ranked by Assets - last updated on 2024-01-01.
Quarterly , seasonally adjusted . Charge-off rates are annualized, net of recoveries. The 100 largest banks are measured by consolidated foreign and domestic assets.
| Category | Money, Banking, & Finance |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 4.2% | ||
| Latest Period | 2024-01-01 | ||
| Long Term Average | 3.08% | ||
| Average Annualized Growth Rate | +1.95% | ||
| Value from 1 year ago | 2.75% | ||
| Change from 1 year ago | +52.73% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | CORCCT100S.txt |
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