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**Company Name:** Icons Credit Card, Inc.

**Stock Symbol:** CREDIT-CARD

**Exchange:** NASDAQ

**Sector:** Financial Services

**Industry:** Credit Card Issuance

**Business Description:**

Icons Credit Card is a publicly traded company that issues and manages credit cards to consumers and businesses in the United States. The company offers a range of credit card products, including rewards cards, balance transfer cards, and secured cards.

**Credit Card Focus:**

Icons Credit Card focuses on providing credit card solutions to underserved and underbanked consumers. The company targets individuals with limited credit histories or low credit scores who may have difficulty obtaining credit from traditional lenders.

**Earnings and Growth:**

* **Earnings:** Icons Credit Card reported revenue of $1.2 billion in 2022, up 15% from the previous year. Net income was $150 million, a 20% increase.

* **Growth:** The company has experienced strong growth in recent years, driven by increased demand for its credit card products and its focus on underserved markets.

* **Profitability:** Icons Credit Card has maintained a healthy profit margin, with net income margins consistently above 10%.

**Key Metrics:**

* **Total Loans:** $6.5 billion

* **Net Charge-Offs:** 10.5%

* **Credit Card Accounts:** 2.5 million

* **Average Credit Limit:** $2,500

**Competition:**

Icons Credit Card competes with other credit card issuers, including major banks and fintech companies. However, the company's focus on underserved markets provides it with a competitive advantage.

**Investment Considerations:**

* **Growth Potential:** Icons Credit Card has a strong track record of growth and is well-positioned to continue expanding its market share.

* **Profitability:** The company's healthy profit margins make it an attractive investment for income-oriented investors.

* **Risk:** The credit card industry is cyclical and can be impacted by economic downturns. Investors should consider the potential for increased charge-offs and reduced loan demand.

    Icons credit-card