Mentioned Companies:

Profits for the Top U.S. Credit Card Issuers in 2021

The most profitable issuers of credit cards in the United States last year were American Express, Bank of America, Capital One, Citigroup, Discover Financial, JPMorgan Chase, Synchrony Financial, U.S. Bancorp and Wells Fargo. They earned a combined $60.22 billion in pretax net income from their card businesses, up 147.9%, an increase of $35.92 billion versus 2020. These nine companies had a combined $64.09-billion allowance for anticipated loan losses as of year-end 2021, down $26.10 billion. This was a decline of 28.9% from 2020. American Express’s pretax segment income for its Global Co...

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January 2022
Headlines in this Issue
Charts in this Issue

Credit Cards in the U.S.—Outstandings and Purchase Volume 1991-2026

Market Shares of U.S. Credit Card Outstandings in 2021

Investments in Merchant Acquiring/Processing by Region

Top M&A Transactions in 2021

American Express Cards 2021 vs. 2020

Discover Card 2021 vs. 2020

Income at Top U.S. Credit Card Issuers in 2021

Publicly Traded Companies in Payments