Bank Card Default Rate Higher For Sixth Consecutive Month

Bank Card Default Rate Higher For Fifth Consecutive Month

- The Good: Total S&P 500® Q1 2020 dividend payments set a record, increasing 8.2% over Q1 2019 to $127.0 billion, up from Q1 2019's $117.3 billion.

- Q4 2019 share repurchases reached $181.6 billion - 3.2% higher than Q3 2019, and 18.6% lower than the record Q4 2018.

Bank Card Default Rate Higher For Fourth Consecutive Month

Composite Rate Reaches Highest Level Since March 2015

First Mortgage Default Rate at Highest Level Since 2016

- Q4 2019 U.S. net common dividends increased $10.6 billion, up from a $7.4 billion increase in Q4 2018.

- Q3 2019 share repurchases reached $175.9 billion - 6.3% higher than Q2 2019, 13.7% lower than Q3 2018, and 21.1% lower than the record Q4 2018.

Bank Card Default Rate Near Lowest Levels of Year

Lower Bank Card Defaults Offset by Higher Mortgage Defaults

Bank Card Default Rate Drops to Lowest Level of Year

- Q3 2019 U.S. common dividends increase of $14.6 billion, down from the tax-inspired $19.2 billion jump in Q3 2018

All Loan Types Except Bank Cards Show Higher Default Rates

- Q2 2019 share repurchases were $164.5 billion - 20.1% lower than Q1 2019, 13.7% lower than Q2 2018, and 26.2% lower than the record Q4 2018.

Bank Cards Only Loan Type With Lower Default Rate

All Loan Types Show Stable Default Rates Month-Over-Month

-- Q2 2019 U.S. common dividends increase of $8.4 billion down from the tax-inspired $13.0 billion jump in Q2 2018

- Q1 2019 share repurchases were $205.8 billion - 7.7% lower than the record Q4 2018 but 8.9% higher year-over-year.

First Mortgage Default Index at Lowest Level Since Inception

First Mortgage and Composite Rates at Lowest Levels of 2019

Higher Bank Card Defaults Offset by Lower Auto Loan Defaults

Global Suite of ESG Indices Based on Other Core Country & Regional Benchmarks to Follow