The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the first quarter (1Q/17) increased 5 basis points (bps) sequentially (QTQ), and up 27 bps year-on-year (YOY), according to CardData.
On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 1Q/17, decreased 2 bps QTQ and up 25 bps YOY.
Compared to two years ago, the SA delinquency ratio is up 30 bps, and the NSA delinquency ratio is up 31 bps.
According to the Federal Reserve, the top 100 U.S. banks posted a 30+ day SA delinquency rate of 2.42% for 1Q/17, compared to 2.37% in 4Q/16, and 2.15% for 1Q/16.
On a NSA basis the top 100 U.S. banks posted a 30+ day delinquency rate of 2.39% for 1Q/17, compared to 2.41% in 4Q/16, and 2.14% for 1Q/16.
Source: Federal Reserve