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Discover Financial: Monthly Credit Card Charge-Off And Delinquency Statistics

The following excerpt is from the company's SEC filing.

As of and for each of the thirteen months ended

(dollars in billions)

Mar 31, 2016

Feb 29, 2016

Jan 31, 2016

Dec 31, 2015

Nov 30, 2015

Oct 31, 2015

Sep 30, 2015

Aug 31, 2015

Jul 31, 2015

Jun 30, 2015

May 31, 2015

Apr 30, 2015

Mar 31, 2015

Reported Ending Loans

Saturday Month End Payment Processing Impact

Revised Ending Loans

Average Loans

Net Principal Charge-off Rate

Delinquency Rate (over 30 days)

In the 4Q 2015 earnings call management noted that Saturday card pay ment processing is deferred to the next day, which impacts the ending card receivable balance. The impact in any recent period where this occurs was approximately $0.3 billion. October 2015 has been revised to reflect this activity. Going forward all payment processing activity will be reflected in the reported ending loans

Represents net principal charge-off dollars (annualized) divided by average loans for...


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