Credit Quality Metrics Deteriorate, Bank Stocks Slide

U.S. banks' overall net charge-off rate rose 5 bps year-over-year to 0.70% during the fourth quarter of 2024, according to S&P Global Market Intelligence. Net charge-offs rose 9.9% to $22.2 billion over the same period. Early-stage delinquencies and total nonperforming assets also increased year-over-year by 5.7% and 29%, respectively. 

Another S&P article discusses the drivers behind the weekslong decline in bank stocks.

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Rob Blackwell
Chief Content Officer and Head of External Affairs
IntraFi
Arlington, VA
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