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Daily Archives: February 1, 2019

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Credit Card Profits Outlook

Credit Card ROA Remains Solid as Headwinds Gather for 2020

Data, Portfolio, UNITED STATESBy Robert McKinleyFebruary 1, 2019

Credit card ROA has finally clawed its way back after the devastating “Great Recession” and “Credit Crisis” of 2008-09. All the nation’s top credit card issuers reported record profits in 2018. This past year, the estimated pre-tax, return-on-assets (ROA) rose modestly to 4.60%, compared to 4.45% for 2017, according to R.K. Hammer, credit card portfolio…

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Credit Card Revenue Risk-Adjusted for 2018 All Over the Map dld.bz/hrqDj #rkhammer #creditcardprofits #debt #carddata #payments pic.twitter.com/yB5dR5wulk

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