Bank of America’s June credit card delinquency tick up, charge-offs fall

Bank of America’s (NYSE:BAC) June credit card delinquency ticked up marginally from the prior month, but the net charge-off rate was down, according to an SEC filing.

BA Master Credit Card Trust II’s delinquency rate rose marginally to 1.38% at June 30, 2025, from 1.37% at the end of May 2025. However, the metric remained below the year-ago level of 1.41% and the pre-pandemic June 2019 rate of 1.56%.

The trust’s net charge-off rate as of June 30 was 2.26%, down from 2.44% at the end of the previous month and 2.50% at the end of June 2024. The pre-pandemic level was 2.71%.

For the June lending activity, the trust’s receivables eased marginally to $15.14B from $15.15B as of May 30, 2025.

The stock was trading 1.08% lower at $46.60 during Tuesday morning trade.