Average Balance

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Average Balance

The balance still owed on a loan or line of credit over a period of time. One calculates the average balance by adding the balance at the beginning of an accounting period to the balance at the end and dividing by two. It is also called the average daily balance.
References in periodicals archive ?
The increase was also due to increased average yields on auto finance and consumer real estate loans and higher average balances of inventory finance loans.
8 percent, from the fourth quarter of 2016 primarily due to higher average balances and increased average yields on leasing and equipment finance loans and leases and increased average yields and higher average balances of commercial loans.
But for Savers and Hybrids, average balances rose in 2011 and over the previous two years.
For Hybrids, average balances grew 79 percent, from $3,300 to $5,900.
In contrast, those in the same income bracket who saved only in a 401(k) had an average balance of $46,100, 28 percent less.
Our real-time profile-based pricing system, which encourages high credit quality consumers to transfer balances to us from their other credit cards, has been one of the reasons why we have been able to achieve dramatic and sustainable growth, with high average balances and good credit quality.
Our average balance per account, which is one of the major drivers of success in the credit card business, remains approximately $2,000.
1) Average balances and ratios include the effect of fair value
CONSOLIDATED AVERAGE BALANCE SHEET & RATES (1) (In thousands)

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