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Card and auto delinquencies on the rise at CapOne – Capital One Financial Corporation (NYSE:COF)

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Capital One (NYSE:COF) July credit card delinquencies rose to 3.81% from 3.63% a month earlier. Charge-offs rose to 4.79% from 4.76%.

Auto delinquencies rose to 5.76% from 5.4%. Auto charge-offs rose to 1.8% from 1.74%.

Barclays’ Jason Goldberg calls the auto charge-off print way better than he expected, but the big rise in auto delinquencies was worse than hoped.



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