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Home > Company Index > Financial Services > Consumer Loans > MBNA Corporation

MBNA Corporation
NYSE: KRB
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 NEWS FROM THE WIRES
Asset-Backeds-RFC, Nissan price fixed-rate deals
Aug 23 2001 02:35 PM PDT

Asset-Backeds-Issuance relatively heavy
Aug 22 2001 02:45 PM PDT

Asset-Backeds-BofA deal prices, bid list hits mart
Aug 21 2001 01:39 PM PDT

MasterCard wants some testimony sealed in trial
Aug 13 2001 08:37 AM PDT

Judge sets Aug 13 date on unsealing card testimony
Aug 01 2001 01:31 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
The Throwaway Credit Card
Oct 18 2000 05:05 PM PDT

Ameritrade Stays Its Rocky Course
Jun 05 2000 12:00 AM PDT

Ameritrade Stays Its Rocky Course
Jun 02 2000 05:55 PM PDT

WingspanBank Founders Start Over
May 24 2000 07:51 AM PDT

War of the Wallets
Sep 27 1999 12:00 AM PDT

 PROFILE
You've gotta give this company credit; it's made a success of itself in the competitive credit card business. MBNA is one of the largest issuers of credit cards (alongside Citigroup and BANK ONE's First USA Bank) and the #1 issuer of affinity cards (marketed through such organizations as sports teams or universities). It targets middle- to upper-middle-income customers who pay their bills promptly and carry a sizeable credit card balance. MBNA also offers deposit products, such as savings accounts and CDs. Through MBNA Canada Bank and MBNA Europe Bank, the company has operations in Canada, Ireland, and the UK. Other subsidiaries offer home equity loans and perform data processing and card production.

 COMPETITION
Citigroup Inc. (C)
First USA Bank, N.A. (dossier)
FleetBoston Financial Corporation (FBF)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7,868.90
1-Yr. Sales Growth: 21.6%
Employees: 25,000
Revenue per employee: $314,756.00

 KEY PEOPLE
• Alfred Lerner
    CEO
• M. Scot Kaufman
    CFO

 CONTACT INFO
1100 N. King St.
Wilmington, DE 19884
US
Phone: 302-453-9930
Fax: 302-432-3614
Online: Web Site

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