US Credit Card Issuer Performance 1Q 2023

McKinsey
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SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
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Deck intelligence map

1
coverage by narrative range · generated from this deck JSON
Narrative range 37 total
Metadata
Components
Metrics
Tools
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Whole deck 37 slides 100% 37/37 slides 100% 37/37 slides · 207 hits 51.4% 19/37 slides 29.7% 11/37 slides 10.8% 4/37 slides
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Slide inventory

37
every slide · same image gating as the playbook
01
Slide 1
front_matter
02
Includes footnotes referencing Visa Spending Momentum Index and Bank of America Consumer Checkpoint.summarize
03
The slide uses line charts to track quarterly economic performance against 10-year averages.analyze_data
04
The slide uses four line charts to illustrate macroeconomic trends in consumer credit.analyze_data
05
The table uses color-coding to indicate performance relative to the average (blue for better, black for worse).summarize
06
The chart uses a 2x2 matrix structure to segment issuers based on growth performance relative to industry averages.compare_peers
07
The chart highlights a divergence between online and in-store retail performance.analyze_data
08
The chart illustrates a general downward trend in growth rates for most categories starting in late 2022.analyze_data
09
The slide explains the methodology of the SMI index (100 as a baseline) and provides specific data points for early 2023.analyze_data
10
The slide uses four line charts to compare growth metrics against risk metrics.analyze_data
11
Includes annotations for specific market events (Capital One/Walmart, Wells Fargo PLCC shift).analyze_data
12
The chart tracks 10 distinct issuers. The YoY growth metric is presented as a callout for each issuer.analyze_data
13
The chart tracks 11 different financial institutions. The right-hand column shows the YoY bps growth as of 1Q 2023.compare_peers
14
The chart tracks multiple issuers including Bread, Synchrony, CapOne, Citi PLCC, Navy FCU, Discover, Wells, Barclays, US Bank, BofA, Chase, Citi GPCC, and Amex.analyze_data
15
The slide uses line charts to track financial performance metrics over time, with specific YoY growth callouts.analyze_data
16
The chart tracks performance across 6 companies: CapOne, Synchrony, Discover, BofA, Amex, and Barclays.analyze_data
17
The chart uses a broken Y-axis to accommodate the significantly higher income of Amex compared to other issuers.compare_peers
18
The chart tracks six distinct entities: Amex, Synchrony, CapOne, Discover, Barclays, and BofA.compare_peers
19
summarize
20
cite_precedent
21
cite_precedent
22
transition
23
The slide argues that POS lending is not currently threatening card usage significantly.analyze_data
24
The chart highlights the overlap between credit card ownership and POS lending usage.analyze_data
25
The slide uses a grouped bar chart structure to contrast two segments of credit cardholders across five behavioral metrics.diagnose
27
Includes a breakdown of NII vs Fees and CAGR comparisons.size_opportunity
28
The slide uses a bubble chart visualization within a table structure to represent the magnitude of net new revenues.quantify_impact
29
The slide uses a grouped bar chart format presented as a table to compare growth rates across two time periods.analyze_data
30
The slide uses a dual-bar chart structure centered on payment instrument categories.analyze_data
31
The chart segments companies into 'Pure card players', 'Card specialists', and 'Diversified issuers'.analyze_data
32
The chart shows a significant spike in P/E ratios around 2020-2021 followed by a general decline and stabilization.compare_peers
33
The chart shows a significant spike in P/E ratio for one of the companies around 3Q 2020.compare_peers
34
The chart notes that Wells Fargo's P/E ratios for 2Q-4Q 2020 were extremely high due to low EPS, causing them to be excluded from the visual range.compare_peers
35
The chart shows a significant decline in P/B ratios for most players after 1Q 2022, with Amex maintaining the highest ratio throughout the period.compare_peers
36
The chart shows a trend comparison between two financial institutions over a 3.5-year period.compare_peers
37
The chart displays P/B ratios as percentages, though standard P/B is typically a decimal ratio; the y-axis scale suggests values are multiplied by 100.analyze_data