Top 100 U.S. Issuer Credit Card Charge-Offs Up 11 bps YOY – CardData
The charge-off rate, seasonally adjusted (SA), among the top 100 U.S. banks for the third quarter (3Q/16) increased 8 basis points (bps) sequentially (QTQ), and up 11 bps year-on-year (YOY). On a not seasonally adjusted basis (NSA), the charge-off rate among the top 100 U.S. banks for 2Q/16, dropped 26 bps QTQ and up 12…