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Late payments, which have been on a steady rise since 2021, are now climbing at a slower rate or even declining at some major card issuers. Risks remain, but there's 'reason to be cautiously optimistic," one analyst said.
Ares Capital Corporation reports earnings inline with expectations. Reported EPS is $0.59 EPS, expectations were $0.59.
SLM Corporation beats earnings expectations. Reported EPS is $1.27, expectations were $0.96.
SYF earnings call for the period ending March 31, 2024.
AXP earnings call for the period ending March 31, 2024.