7 annotations
if we don't see a slowing in delinquency rates between now and first quarter, certainly, that could be an indication that we'll have to take incremental provisions
(No comment added)
Transcript
2023 Q3
21 Oct 23
we expect charge-offs to peak sometime around the midpoint of the year to the second half of the year -- second half of 2024
(No comment added)
Transcript
2023 Q3
21 Oct 23
my expectation is that delinquencies will slow in the first half of 2024
(No comment added)
Transcript
2023 Q3
21 Oct 23
the portfolio is performing generally well, although we are seeing mildly increased stress at the lower FICO bands to mid FICO bands
(No comment added)
Transcript
2023 Q3
21 Oct 23
we are seeing some indications of stress
(No comment added)
Transcript
2023 Q3
21 Oct 23
This quarter, we increased our reserves by $601 million, and our reserve rate increased by 22 basis points over 7%.
(No comment added)
Transcript
2023 Q3
21 Oct 23
Total net charge-offs were 3.52%, 181 basis points higher than the prior year and up 30 basis points from the prior quarter.
(No comment added)
Transcript
2023 Q3
21 Oct 23
- Prev
- 1
- Next