Credit Card Industry News – 2019

Card Profitability Current Trends (2019)

Total Income Operating Exp. Charge-offs Cost of Funds Net Pre-tax Income
17.90% 6.80% 4.00% 2.30% 4.80%

Credit Card Industry Profits (ROA% 2019)

Regular Cards 4.75% (Lower lines, Higher APR’s)
Gold Cards 4.80% (Higher lines, Lower APR’s)
Platinum Cards 4.85% (Highest lines, Lowest APR’s)
Industry Average 4.80%

Card Portfolio Sale Prices (2019)

Range of Est. Premiums Average Premium # of Deals   Assets Sold
              Par          Par       3 $10.10 Billion