Theme · live manifest · live theme JSON
Payments '24: Card Issuing
5 tickers · $121.96B total market cap
Group: Payments
The investment thesis for Payments '24: Card Issuing remains bullish, driven by accelerating digital payment adoption, a favorable macroeconomic environment, and attractive valuations. While regulatory scrutiny and competition from alternative payment methods pose risks, strategic innovation and value-added services are expected to bolster market position.
Payments '24: Card Issuing tracks 5 publicly listed stocks in this theme: BFH, GPGI, HO.PA, MQ, NU. See the constituent table for details.
Thesis update: 2026-03-04
Constituents
Build 20260520T081747
| Company | Previous Quarter Report Date | Next Expected Report Date | Last Quarter Earnings Move % | Earnings Move % | Intra-Quarter Move % | Since Last Report % | Market cap | Weight |
|---|---|---|---|---|---|---|---|---|
Nu Holdings Ltd.NU | 05/14/2026 (AMC) | 05/14/2026 (AMC) | -10.03% | -4.91% | -13.68% | 0.82% | $59.52B | 20.0000 |
Thales S.A.HO.PA | 03/03/2026 (BMO) | — | -3.07% | — | -9.57% | — | $53.97B | 20.0000 |
Bread Financial Holdings, Inc.BFH | 04/23/2026 (BMO) | 04/23/2026 (BMO) | 6.36% | -6.79% | 27.43% | -1.52% | $3.43B | 20.0000 |
GPGI, Inc.GPGI | 05/07/2026 | 05/07/2026 | -5.93% | -20.50% | -21.62% | -16.64% | $3.35B | 20.0000 |
Marqeta, Inc.MQ | 05/05/2026 (AMC) | 05/05/2026 (AMC) | -5.77% | -8.52% | 14.29% | -4.23% | $1.68B | 20.0000 |
| Average | -3.69% | -10.18% | -0.63% | -5.39% | $24.39B | 20.0000 | ||
| Median | -5.77% | -7.66% | -9.57% | -2.88% | $3.43B | 20.0000 | ||
| Std Dev | 5.50% | 6.09% | 18.44% | 6.74% | $26.48B | 0.0% | ||
| Min | -10.03% | -20.50% | -21.62% | -16.64% | $1.68B | 20.0000 | ||
| Max | 6.36% | -4.91% | 27.43% | 0.82% | $59.52B | 20.0000 | ||
| % Positive Tickers | 20.00% | 0.00% | 40.00% | 25.00% |
* Provisional value: before LstRpt% reaches its 2-day post-report lock window (BMO/AMC adjusted), EarningsPerf is calculated from current vs pre-report and then locks to final LstRpt%.