Credit Card Industry News – 2018

Card Profitability Current Trends (2018)

Total Income Operating Exp. Charge-offs Cost of Funds Net Pre-tax Income
17.80% 7.00% 4.00% 2.20% 4.60%

 

Credit Card Industry Profits (ROA% 2018)

Regular Cards 4.10% (Lower lines, Higher APR’s)
Gold Cards 4.60% (Higher lines, Lower APR’s)
Platinum Cards 4.65% (Highest lines, Lowest APR’s)
Industry Average 4.60%

 

Card Portfolio Sale Prices (2018)

Range of Est. Premiums Average Premium # of Deals Assets Sold
17.0% – 18.9% 18.0% 4 $8.15 Billion