The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the third quarter (3Q/16) increased 10 basis points (bps) sequentially (QTQ), and up 19 bps year-on-year (YOY).
On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 3Q/16, soared 24 bps QTQ and up 19 bps YOY.
Compared to two years ago, the SA delinquency ratio is up 12 bps, and the NSA delinquency ratio is up 12 bps.
According to the Federal Reserve, the top 100 U.S. banks posted a 30+ day SA delinquency rate of 2.27% for 3Q/16, compared to 2.17% in 2Q/16, and 2.08% for 2Q/15.
On a NSA basis the top 100 U.S. banks posted a 30+ day delinquency rate of 2.30% for 3Q/16, compared to 2.06% in 2Q/16, and 2.11% for 3Q/15.
Source: Federal Reserve; CardData
This Report is Updated Quarterly Along With 103 Other Payment Industry Analysis Reports and Is Available in CardData (subscription required)