Mentioned Companies:

Top U.S. Credit Card Issuer Profits — 2020

American Express, Bank of America, Capital One, Citigroup, Discover Financial, JPMorgan Chase, Synchrony Financial and U.S. Bancorp were the most profitable payment card companies in the United States last year. They earned a combined $19.16 billion in pretax net income from their card businesses. However, that amount was a decline of 45.9% from 2019. Those companies set aside a combined $58.82 billion for anticipated card loan losses as of year-end 2020, an increase of 86.4% from 2019. American Express remained the most profitable U.S.-based company in this group in 2020 based on its globa...

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January 2021
Headlines in this Issue
Charts in this Issue

Outstandings on General Purpose Credit Cards in the U.S.

Market Shares of Outstandings on U.S. Credit Cards—2000 through 2020

Investments in Merchant Acquiring and Processing by Region—2020

Investments by Region—Number of Transactions in 2020

Income at Top U.S. Credit Card Issuers—2020 vs. 2019

American Express Cards 2020 vs. 2019

Discover Card 2020 vs. 2019

Investments and Acquisitions—December 2020