Bank loan quality is strong — few loans are going bad.

Noncurrent Loan Rate · loans 90+ days past due

Noncurrent: 0.98% — Just 0.98% of loans are 90+ days past due — low by historical standards. That’s the 32nd percentile of all its readings since 2006.

How we score this: ok below 1.00% · watch 1.00% to 2.00% · elevated 2.00% to 3.00% · alert 3.00% and up full method

Net Charge-Off Rate · annualized

Charge-offs: 0.57% — Banks are writing off 0.57% of loans as losses — a benign level. That’s the 58th percentile of all its readings since 2006.

How we score this: ok below 0.60% · watch 0.60% to 1.20% · elevated 1.20% to 2.00% · alert 2.00% and up full method