{
  "docId": "019dd923-5e88-73ef-bd5b-49a305693455",
  "docSlug": "825b821ae936f584",
  "documentTitle": "20240220 Barclays US Consumer Bank Investor Update",
  "authorId": "Barclays",
  "authorName": "Barclays",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
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  "orientation": "landscape",
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  "pageNumber": 9,
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  "nextPage": 10,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 33,
  "notes": "The chart shows USCB (thick blue line) relative to a set of thin grey lines representing top US issuers.",
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  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5b-49a305693455#slide-9",
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        "w": 0.9,
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      },
      "kind": "chart",
      "text": "USCB 30 day delinquency rates vs peers",
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      "subkind": "line",
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      "kind": "disclaimer",
      "text": "Each line represents one of the other top-10 largest US issuers, by receivables - data sourced from annual reports | LLR calculated as Impairment charge / Average Gross Loans and Advances. Gross Loans and Advances in addition to ENR includes Loans and Advances to banks, Debt securities, recovery book, and accrued interest. For 2023 Gross Loans and Advances for USCB was £28bn. Note: 2013-2017 figures are before the adoption of IFRS 9 and so may not be directly comparable to the 2018-2023 figures | Includes only open accounts, does not include Business Card or Personal Loan accounts",
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    {
      "bbox": null,
      "kind": "metric",
      "text": "30 day delinquency rate",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
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      "kind": "table",
      "text": "LLR (bps) and Avg. FICO data table from 2013 to 2023",
      "attrs": null,
      "subkind": "data",
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      },
      "kind": "title",
      "text": "Delinquency rates consistently well-positioned among leading US card issuers",
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      "subkind": "headline",
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  ],
  "metrics": [],
  "tools": [
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      "name": "Contrast Pairs",
      "slug": "contrast-pairs",
      "agent": "Storyteller",
      "layer": "loop",
      "matchId": "019dd95a-187f-7312-b7ae-2da232e88feb",
      "evidence": "Us vs peers contrast structures the loop",
      "confidence": 80
    },
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
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      "evidence": "Title states verdict 'consistently well-positioned among leading US card issuers'",
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    },
    {
      "name": "Chart Selection Guide",
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      "evidence": "Line chart of delinquency rates 2013-2023",
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      "agent": "Designer",
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      "matchId": "019dd95a-187f-7312-b7ae-27c39fd63ee6",
      "evidence": "Cyan = USCB, grey = peers; reinforced in legend",
      "confidence": 85
    },
    {
      "name": "Von Restorff Effect",
      "slug": "von-restorff-effect",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-187f-7312-b7ae-22298096ac26",
      "evidence": "Bold cyan USCB line stands out among grey peer lines",
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  "frameworks": [
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      "beatId": "019dd95a-07a6-74c7-9028-39cfa4e27d46",
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      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
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      "evidence": "Long track record, peer-benchmark delinquency, impairment build context",
      "position": 4,
      "confidence": 85,
      "parentBeatName": "Evidence",
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      "arcName": "The Transformation Tale",
      "arcSlug": "transformation-tale",
      "beatName": "Current Reality (Pain)",
      "beatSlug": "transformation-tale-current-reality-pain",
      "evidence": "RoTE drop, impairment build, regulatory headwinds",
      "position": 1,
      "confidence": 65,
      "parentBeatName": "Complication",
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  ],
  "loops": [
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      "name": "Benchmark Gap",
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      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "019dd95a-08f7-737a-a002-d79dbf69faa3",
      "evidence": "p9 plots USCB blue line against grey top-10 peers; p10 contextualises impairment trajectory.",
      "position": 4,
      "objective": "Position credit quality vs peers",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 85,
      "description": "Compare performance against best-in-class to quantify the opportunity"
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