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.