Bank of America Credit Quality Data; Payment Networks Noted

Bank of America Corp ($BAC) disclosed credit card asset quality metrics in an SEC filing. The bank's credit card delinquency rate stood at 1.26% at the end of July, while the credit card charge-off rate reached 2.11% during the month. These metrics provide insight into consumer credit performance across $BAC's retail banking operations, though no comparative prior-period figures were provided in the filing. The data represents a key indicator of credit quality trends within the bank's consumer lending portfolio.

Visa ($V) was mentioned in trading commentary on CNBC's Halftime Report, though no specific transaction volume or operational metrics were disclosed. The mention came alongside a pick of UnitedHealth Group, which reported strong results in mid-July and raised guidance for the full year. No payment network-specific data, cross-border trends, or competitive dynamics were detailed in the available information.