+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Retail Banking Market Dynamics: US 2018

  • PDF Icon


  • 17 Pages
  • December 2018
  • Region: United States
  • GlobalData
  • ID: 4720263
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Retail Banking Market Dynamics: US 2018


Between 2013 and 2017 bank margins and profits in the US remained consistently higher than in Canada and the UK. However, cost/income ratios remained higher in the US. Growth in retail deposits, credit card balances, and personal loan balances grew strongly over the same period. Growth in residential mortgage balances was more subdued as activity in the housing market stalled. Despite positive macroeconomic conditions, credit card balances will grow at a significantly slower pace over the forecast period. US digital-only banks are increasingly offering highly competitive unsecured loans to credit card holders, enabling them to consolidate outstanding debt and reduce servicing costs.

This report identifies macroeconomic and competitive dynamics that impact upon the US retail banking market.

Insights Provided
  • The outlook for deposits, credit cards, personal loans, and mortgages.

  • Net changes in market share across all four product areas.

  • Overall financial performance including profitability, efficiency, and income sources.

  • Capital One was the only major credit card and personal loan issuer to increase its market share in 2017.

  • Mortgage balances are expected to record a compound annual growth rate of 3.6% over 2018-22.

  • Retail deposits are expected to record a compound annual growth rate of 4.8% over 2018-22.

Reasons to Buy
  • Identify factors affecting growth prospects across the deposit, credit card, personal loan, and mortgage markets.

  • Track competitor gains and losses in market share.

  • Assess the financial performance of competitors.

Table of Contents

Macroeconomic Overview
Retail Deposits
Credit Cards
Personal Loans
Financial Ratios Market Average
Competitor Financial Performance

Companies Mentioned

A selection of companies mentioned in this report includes:

  • US Bank

  • PNC Bank

  • Wells Fargo

  • SunTrust

  • Bank of America

  • JPMorgan Chase

  • HSBC

  • Citibank

  • Capital One

  • KeyBank

  • Citizens Financial

  • Regions Bank