Capital One Financial logs rise in August credit card delinquencies, fall in charge-offs

Capital One Financial (NYSE:COF) said in an SEC filing that its August credit card delinquency rate rose from the prior month, while its charge-off rate drifted down.

Delinquency rate increased to 3.73% from 3.67% in July. Before the pandemic, in August 2019, the card delinquency