What Has Driven The Increase JPMorgan’s Credit Card Profits Since 2010?
It has primarily been driven by increased purchase volumes and a moderation in provisions:
See the links below for more information and analysis about JPMorgan Chase:
- What Proportion of JPMorgan’s Revenues and Profits Are Contributed By Various Divisions?
- How Much Is Each of JPMorgan’s Operating Divisions Worth Individually?
- How Is JPMorgan’s Current Revenue Structure Different From What It Was In 2009, When It Had Just Acquired Bear Sterns?
- What Is The Current Constitution Of JPMorgan’s Loan Book In Terms Of Various Loan Categories?
- With The Mortgage Industry Witnessing A Major Upheaval Since 2008, How Has This Impacted JPMorgan?
- How Will JPMorgan’s 2016 EPS Be Affected If Rate Hike Boosts Its NIM To 2.4% in 2016 From 2.1% Now?
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 comments 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 JPMorgan Chase
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