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How credit is holding up

Commercial property charge-offs

Lending conditions and realized bank losses. Positive survey standards mean net tightening; positive demand means net strengthening. Neither is a corporate-bond default rate.

Latest collected observation

0.14 %

Observation period: 2026Q2

At collection: current

Last collection · 28 Sep 2026, 12:00 UTC

These are dated observations. This page does not stream live market data.

Since the previous collection

The displayed value and observation period are unchanged from the collection on 2026-09-27.

A new period advances the comparison window. A revision changes an existing period.

Source history

percent, annualized net charge-offs

2026Q2 · 0.14

-0.01 — 0.26Chart range
2020Q3 · 0.082020Q4 · 0.112021Q1 · 0.12021Q2 · 0.052021Q3 · 0.022021Q4 · 0.022022Q1 · 0.022022Q2 · -0.012022Q3 · 0.032022Q4 · 0.052023Q1 · 0.072023Q2 · 0.152023Q3 · 0.172023Q4 · 0.262024Q1 · 0.22024Q2 · 0.262024Q3 · 0.252024Q4 · 0.262025Q1 · 0.222025Q2 · 0.182025Q3 · 0.182025Q4 · 0.142026Q1 · 0.172026Q2 · 0.14
2020Q32026Q2

Latest 24 source observations in this collection. Points are spaced by observation, not elapsed time. Missing values remain gaps. History may include revisions; it does not recreate what was known at each date.

Inspect the exact values
Source values · percent, annualized net charge-offs
PeriodValue
2026Q20.14
2026Q10.17
2025Q40.14
2025Q30.18
2025Q20.18
2025Q10.22
2024Q40.26
2024Q30.25
2024Q20.26
2024Q10.2
2023Q40.26
2023Q30.17
2023Q20.15
2023Q10.07
2022Q40.05
2022Q30.03
2022Q2-0.01
2022Q10.02
2021Q40.02
2021Q30.02
2021Q20.05
2021Q10.1
2020Q40.11
2020Q30.08

Behind this number

Board of Governors of the Federal Reserve System

Open the source →
Source unit
percent, annualized net charge-offs
Collected
2026-09-28 12:00:03.058 UTC
Source release / update
2026-08-25
Instrument
US_BANK_CRE_CHARGE_OFF

Survey quarters and bank reporting quarters differ. Charge-offs are annualized and net of recoveries; delinquency rates are not annualized.