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Produced by the First Data Strategic Intelligence Team, all data is as of 1Q 2017. Sources include the Federal Deposit Insurance Corporation’s Quarterly Banking Profile and the Federal Reserve’s G.19 report.
Key highlights in this edition:
- Revenue and profit growth accelerated this quarter and is healthy relative to history
- Industry-wide loan growth decelerated for the second straight quarter
- There were two new bank charters this quarter. This ends a five-quarter drought
- Credit card loan growth is slowing and issuers continue to deal with profitability pressures
To learn how First Data can help your institution capitalize on current trends in the banking industry, please visit FirstData.com or call your First Data representative to discuss your specific needs.
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