Credit Card Industry News

Card Profitability Current Trends (2016)

Total Income Operating Exp. Charge-offs Cost of Funds Net Pre-tax Income
17.00% 7.00% 4.00% 2.00% 4.00%

 

Credit Card Industry Profits (ROA% 2016)

Regular Cards 3.80% (Lower lines, Higher APR’s)
Gold Cards 4.00% (Higher lines, Lower APR’s)
Platinum Cards 4.20% (Highest lines, Lowest APR’s)
Industry Average 4.00%

 

Card Portfolio Sale Prices (2016)

Range of Est. Premiums Average Premium # of Deals Assets Sold
12.50% – 17.95% 15.20% 12 $5.0 Billion