Mentioned Companies:

Profits at Top U.S. Credit Card Issuers

American Express, JPMorgan Chase, Bank of America, Capital One, Synchrony Financial, Discover Financial Services, Citigroup North America, and U.S. Bancorp Payment Services are the most profitable U.S. payment card companies. Combined they earned $34.66 billion in card profits (pretax net income) last year, an increase of 9.6% over 2018. The eight issuers set aside a combined $31.56 billion at year-end 2019 for anticipated card loan losses. This was up 1.2% or $137.0 million from 2018. American Express continued as the most profitable company in card payments in the U.S. in 2019. Its Global...

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January 2020
Headlines in this Issue
Charts in this Issue

U.S. General Purpose Cards, Outstandings as a Percentage of Purchase Volume

American Express Card Results 2019

Discover Card U.S. Results 2019

Income at Top U.S. Credit Card Issuers: Company Net vs. Card Net

Investments in Merchant Acquiring & Processing—2019