How Have Outstanding Card Balances For The Country’s Largest Card Lenders Changed Since 2011?
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.
See the links below for more information about the U.S. banking industry:
- How Much In Domestic and Foreign Loans Do The Largest U.S. Banks Hold?
- What Is The Breakup Of All Outstanding Loans Across U.S. Banks By Loan Type?
- How Much In Domestic and Foreign Deposits Do The Largest U.S. Banks Hold?
- What Is The Current Loan-to-Deposit Ratio For The Largest U.S. Banks?
- Which Are The Largest Card Issuers In The U.S. In Terms Of Outstanding Card Balances?
- How Much Of The U.S. Card Industry Is Accounted For By The Country’s Largest Card Issuers?
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 Chase | Bank of America | Citigroup | Capital One | American Express | Discover
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