Financial

Average Outstanding Balance

Average Outstanding Balance

The balance still owed on a portfolio of credit cards divided by the number of credit card accounts represented in the portfolio. Investors considering buying a credit card portfolio may look at the average outstanding balance to measure the potential profitability of the investment.
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References in periodicals archive
The increase in interest expense was mainly due to an increase in the average outstanding balance of the revolving loan during Q2-2019, in comparison to Q2-2018 and the higher interest rate that applies to amounts advanced in excess of $30.0 million under the revolving loan facility.
If these funds were being relied upon to tackle mortgage debt, it would leave UK borrowers with a shortfall of PS67,678, based on the current PS121,678 average outstanding balance.
Latitude's total credit card portfolio has an average outstanding balance across accounts of AUD2,108.
As at 31 July 2015, the portfolio of GSIHFs comprised 22,483 accounts, with an average outstanding balance of MYR 67,581.
The average outstanding balance for those with debt was pounds 3,390.
A recent survey conducted by the student loan company Nellie Mae showed that 92 percent of graduate students carry at least one credit card, with an average outstanding balance of $8,612.
The average outstanding balance of Japan's call money market came to 16,045.5 billion yen in 2003, up 2.3% from the previous year's 15,686.7 billion yen, marking the first rise in eight years, money traders said Monday.
The average outstanding balance increased by $41,000.
The average outstanding balance is $3,000 per account with 1,000 active accounts.
The increase in net interest income was primarily due to a $338,000 increase in interest income, which was primarily attributable to an increase in the average outstanding balance of loans, and a $75,000 decrease in interest expense, which was primarily attributable to a decrease in the average outstanding balances of time deposits and FHLB borrowings during the three months ended March 31, 2016, as compared to the same period one year ago.
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