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Year-over-year spend growth per customer has been roughly flat for several months.
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2023 Q3
29 Oct 23
spend per customer, this has really moderated after the surge of spending coming out of the pandemic
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2023 Q3
29 Oct 23
over the last few months, our delinquencies in these segments have essentially stabilized
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2023 Q3
29 Oct 23
we are seeing stabilization come more quickly at the lower end of the market
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2023 Q3
29 Oct 23
When credit first started to normalize, we called out that this trend was more pronounced at the low end of the market
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2023 Q3
29 Oct 23
Everything had caught up.
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2023 Q3
29 Oct 23
if you look at for any segment where it's credit metrics were relative to like its delinquencies, for example, relative to pre-pandemic every segment was kind of on top of each other
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2023 Q3
29 Oct 23
credit trends continued to normalize in the quarter and we reached or were approaching pre-pandemic levels at quarter-end
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2023 Q1
23 Jul 23
We continue to assume economic worsening from today's levels on most measures.
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2023 Q1
23 Jul 23
The auto charge-off rate for the quarter was 1.53%, up 87 basis points year-over-year. The 30-plus delinquency rate was 5.0%, up 115 basis points year-over-year. Compared to the linked quarter, the charge-off rate was down 13 basis points and the 30-plus delinquency rate was down 62 basis points. The linked quarter trends were consistent with expected seasonal patterns.
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2023 Q1
23 Jul 23
In the first quarter, auto originations declined 47% year-over-year and 6% from the linked quarter. Driven by the decline in auto originations, Consumer Banking ending-loans decreased $2.2 billion or 3% year-over-year.
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2023 Q1
23 Jul 23
First quarter ending-deposits in the consumer bank were up almost $33 billion or 13% year-over-year and up 8% compared to the sequential quarter.
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2023 Q1
23 Jul 23
Our strong retail deposit growth drove our percentage of FDIC insured deposits up 2% to end the quarter at 78% of total deposits.
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2023 Q1
23 Jul 23
Total deposits grew throughout the quarter, increasing 4% on average and 5% on an ending basis. The increase in deposits was driven by strong retail deposit inflows, which was slightly offset by a decline in our commercial deposits.
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2023 Q1
23 Jul 23
ending loans and deposits were down compared to linked quarter, reflecting our cautious stance in the commercial banking marketplace
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2023 Q1
23 Jul 23
Auto margin compression was primarily driven by the increase in our marginal funding costs, resulting from rapid interest rate increases and the aggressive competitor pricing that, I just discussed.
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2022 Q2
25 Jul 22
the year-over-year growth of ending loans in the Consumer Banking business decelerated to 9% in the second quarter. On a linked quarter basis, ending loans were up 1%
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2022 Q2
25 Jul 22
On a linked quarter basis, the charge-off rate was down 5 basis points, and the 30-plus delinquency rate was up 62 basis points.
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2022 Q2
25 Jul 22
The 30-plus delinquency rate was 4.47%, up 121 basis points year-over-year.
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2022 Q2
25 Jul 22
Second quarter provision for credit losses swung from a net benefit of $306 million in the second quarter of 2021 to a net expense of $281 million.
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2022 Q2
25 Jul 22