How Have Outstanding Card Balances For The Country’s Largest Card Lenders Changed Since 2011?

+14.14%
Upside
58.35
Market
66.61
Trefis
C: Citigroup logo
C
Citigroup

Total outstanding card balances for the 8 largest U.S. card lenders has largely remained constant over the last five years. While Citigroup and Bank of America have seen a steady reduction in these loans due to a reduction of focus on the business, Capital One has grown its card portfolio considerably thanks to its acquisition of HSBC’s U.S. card unit.

CC_QA_CardBalancesChange_15FY

See the links below for more information about the U.S. banking industry:

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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment/ ask questions on the comment section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for U.S. Bancorp | Wells Fargo | JPMorgan ChaseBank of America | Citigroup | Capital OneAmerican Express | Discover

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