U.S. Banks’ Asset Quality Improves With Less Net Charge-offsMani
Industry-wide net charge-offs declined 9 bps in the first quarter of 2014, reaching their lowest level since 2007, notes Barclays in their recently published analysis of U.S. Large-Cap and Mid-Cap Banks.
Jason M. Goldberg and colleagues at Barclays in their Equity Research report dated May 21, 2014, analyzed the Fed’s quarterly report on bank net charge-offs (NCOs) and delinquencies for 1Q14.
The Barclays’ analysts point out that net charge-offs exhibited broad-based . . .
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