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Actionable news in ADS: ALLIANCE DATA SYSTEMS CORPORATION,

Alliance Data Provides Card Services Performance Update For August 2016

DALLAS, Sept. 13, 2016 /PRNewswire/ -- Alliance Data Systems Corporation (ADS), a leading global provider of data-driven marketing and loyalty solutions, provided an update on its Card Services segment to coincide with today's presentation by Chief Executive Officer Ed Heffernan at the Deutsche Bank Technology Conference.

In conjunction with the release of the Company's Master Trust Monthly Noteholder's Statement, the Company is releasing similar metrics for the overall total managed portfolio. The Master Trust data represents a subset of the Company's total managed portfolio, and the Company believes the information presented below provides a more complete view of the Card Services segment.


For the

month ended

August 31, 2016


For the eight

months ended

August 31, 2016


(dollars in thousands)

Average receivables

$

13,952,340


$

13,609,965

Year over year change in average receivables


23%



25%

Net charge-offs

$

47,317


$

458,076

Net charge-offs as a percentage of average receivables(1)(2)


4.1%



5.0%








As of

August 31, 2016


As of

August 31, 2015


(dollars in thousands)

30 days + delinquencies - principal

$

671,499


$

482,741

...

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