Credit Card Issuing Industry in the United States - Market Report
KENTLEY INDUSTRY INSIGHTS MARKET REPORT
This Market Report is an in-depth evaluation of the Credit Card Issuing Industry in the United States. Kentley Insights’ Market Reports are based on billions of data points created from millions of annual comprehensive business surveys. Used for a range of strategic purposes, from due diligence to streamlining to forecasting to evaluating new opportunities, Kentley Market Reports deliver the fact base and insights needed to make better informed decisions. The report has rich benchmarks, trend analysis, and ratios covering industry sales, growth, firms, employment, payroll, OPEX, financial ratios, profitability, state stats, firm size data, productivity, and much more.
This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry.
SELECT STATS IN THIS MARKET REPORT
The Credit Card Issuing Industry in the United States…
INDUSTRY SIZE & ATTRACTIVENESS
In 2010, industry sales were $94 billion
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In 2009, the average revenue per employee was $1,649,171
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46% of firms are profitable
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2% of revenues are spent on advertising
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SALARY BY STATE BENCHMARKING
California averages $58,795 in compensation per employee
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GEOGRAPHIC EXPANSION ASSESSMENT
State Population per Employee
1 out of 19,618 people in California work in the industry
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FINANCIAL RATIO BENCHMARKS
The Asset Turnover of the industry is 8.1
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There are 129 companies in the industry
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SALARY TRENDS BY SIZE OF FIRM
In 2009, average compensation per employee was $58,521