JPMorgan (JPM) Charge-off rate (Feb) 1.66% M/M (prev. 1.65%); delinquencies 0.91% M/M (prev. 0.88%)

JPMorgan (JPM) Charge-off rate (Feb) 1.66% M/M (prev. 1.65%); delinquencies 0.91% M/M (prev. 0.88%)

JPMorgan's charge-off rate increased slightly to 1.66% from 1.65%, while delinquencies rose modestly to 0.91% from 0.88%. This uptick in key credit metrics suggests a slight deterioration in credit quality, which could raise concerns about consumer health and potentially affect the bank's outlook and overall sector sentiment. Investors should monitor this trend for implications on provisioning and future earnings forecasts.