Credit card ROA (pre-tax return on assets) for 2019 is estimated to rise to 4.80%, compared to 4.60% for the…
Credit card profits (after tax) among the nation’s Top 4 bank credit card issuers shriveled by 4.2% YOY (year-on-year) in…
Consumer credit card losses, or charge-offs, among the Top 100 U.S. banks, are continuing to rise to levels for a…
Third-quarter card loan growth, among the Top 4 U.S. issuers, grew a solid 4.3% year-on-year (YOY), compared to 2.6% YOY…
U.S. card late payers continue to creep upward to levels not seen since 2013 and running about 40 bps (basis…
U.S. card yield, as an average for the nation’s Top 4 issuers, remained at record levels in the third-quarter posting…
Third-quarter card charge-offs among the Top 4 U.S. bank credit card dropped sharply from the prior quarter, a historical pattern,…
Third-quarter card delinquency, among the nation’s top four credit card issuers, continued to march upward, now hovering at levels not…
Warren Buffett’s current portfolio has a weighting of 47% for the financial services sector, which is a clear indication of…
Bank of America, the second-largest bank in the U.S., has quietly tested out Ripple’s distributed ledger technology – and may…
Third-quarter earnings reports for the nation’s top credit card issuers, global payments networks and supporting businesses are underway before the…
Card loan loss reserves rose sharply among the nation’s largest issuers, however, charge-offs among the Big 6 domestic credit card…