Card profits (pretax net income) for the eight U.S. credit card issuers shown in the table on page 7 collectively totaled $26.00 billion in 2017, down 11.6% compared to $29.42 billion for this same group in 2016, a decline of $3.42 billion. Their combined provisions for anticipated card loan losses was $29.71 billion at year-end 2017, up $6.09 billion or 25.8% from year-end 2016. Double-digit increases in provisions for loan losses contributed to declines in card profits at all of these issuers. JPMorgan Chase’s Card, Merchant Services, and Auto segment had pretax net income of $5.80 bill...