American Express Company
AXP.N
LATEST TRADE
169.63USD
CHANGE
1.57(+0.93%)
VOLUME
715,540
TODAY'S RANGE
168.53 - 170.50
52 WEEK RANGE
89.14 - 179.67
As of 1:04 PM PDT Aug 05 on the New York Stock Exchange ∙ Minimum 15 minute delay
Latest Developments
Amex CEO sees recovery in loan balances to continue to lag to recovery in spending - conf call
July 23 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CFO SEES RECOVERY IN LOAN BALANCES TO CONTINUE TO LAG RECOVERY IN SPENDING - CONF CALL.AMEX CEO SAYS STRENGTH IN CORE BUSINESS WILL CONTINUE, PARTICULARLY IN THE U.S..AMEX EXPECTS FULL YEAR OPTICS TO BE A BIT BELOW $11.5 BILLION IT ORIGINALLY EXPECTED.AMEX CFO SEES RECOVERY IN NET INTEREST INCOME TO LAG TO RECOVERY IN LOAN VOLUMES.AMEX CFO SAYS NOW ASSUME GLOBAL OVERALL T&E SPENDING WILL HAVE RECOVERED TO AROUND 80% OF 2019 LEVELS BY Q4 OF 2021.AMEX CFO SAYS EXPECT CONTINUED STEADY GROWTH IN GOODS AND SERVICES SPENDING FOR THE REMAINING 2021.AMEX CFO SAYS DOES NOT EXPECT TO SEE A MATERIAL INCREASE IN WRITE-OFF RATES ANYTIME THIS YEAR.AMEX CEO SAYS HE DOES NOT EXPECT INTERNATIONAL TRAVEL TO COME BACK THIS YEAR.AMEX CEO SAYS MOST OF THE GROWTH CAME FROM PENT-UP DEMAND FROM EXISTING BASE, NOT NEW ACCOUNTS.AMEX CEO SAYS HE WOULD NOT EXPECT CHINA TO BE A MATERIAL PART OF ITS REVENUE OR EARNINGS BASE IN THE NEAR-TERM FUTURE.AMEX CFO SAYS EXPECTS SPENDING ON GOODS AND SERVICES OUTSIDE U.S. TO GROW AS STRONGLY AS IN THE U.S..AMEX CFO SAYS WILL ACCELERATE SHARE REPURCHASES.AMEX CEO SAYS CONSUMER T&E IS ON TRACK TO FULLY RECOVER IN 2022.AMEX CEO SAYS DOES NOT EXPECT CORPORATE T&E TO COME BACK UNTIL 2023.AMEX CFO SAYS SMALL BUSINESSES EVEN NOW ARE TRAVELING MORE THAN THE LARGE BUSINESSES.AMEX CEO SAYS JUNE WAS AMONG ITS BEST ACQUISITION MONTHS IN THE HISTORY OF ITS SMALL BUSINESS CARD IN U.S..Further company coverage: AXP.N.
14 days ago
American Express Reports Q2 Revenue Of $10.2 Bln
July 23 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS REPORTS SECOND-QUARTER REVENUE OF $10.2 BILLION AND EARNINGS PER SHARE OF $2.80.Q2 EARNINGS PER SHARE $2.80.Q2 EARNINGS PER SHARE ESTIMATE $1.66 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED EXPENSES WERE $7.9 BILLION, UP 44 PERCENT FROM $5.5 BILLION A YEAR AGO.AMERICAN EXPRESS - GLOBAL MERCHANT AND NETWORK SERVICES REPORTED SECOND-QUARTER PRETAX INCOME OF $527 MILLION, COMPARED WITH $188 MILLION A YEAR AGO.AMERICAN EXPRESS - GLOBAL COMMERCIAL SERVICES REPORTED SECOND-QUARTER PRETAX INCOME OF $839 MILLION, COMPARED WITH A PRETAX LOSS OF $22 MILLION A YEAR AGO.AMERICAN EXPRESS - GLOBAL CONSUMER SERVICES GROUP REPORTED SECOND-QUARTER PRETAX INCOME OF $1.9 BILLION, COMPARED WITH $843 MILLION A YEAR AGO..BASED ON CURRENT TRENDS, CO CONFIDENT IN ABILITY TO BE WITHIN THE HIGH END OF RANGE OF EPS EXPECTATIONS CO HAD FOR 2020 IN 2022.
14 days ago
American Express Reports Q2 Billed Business Of $267.8 Bln
July 23 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CO - QTRLY TOTAL BILLED BUSINESS $267.8 BILLION VERSUS $174.7 BILLION.AMERICAN EXPRESS CO - QTRLY DISCOUNT REVENUE $6,327 MILLION VERSUS $4,015 MILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QUARTERLY CARD MEMBER REWARDS EXPENSES $2.71 BILLION VERSUS $1.35 BILLION REPORTED LAST YEAR.Further company coverage: AXP.N. ((Reuters.Briefs@thomsonreuters.com;)).
14 days ago
American Express Reports Earnings Per Share $2.80
July 23 (Reuters) - American Express::AMERICAN EXPRESS CO - QTRLY EARNINGS PER SHARE $2.80.AMERICAN EXPRESS CO - QTRLY TOTAL PROVISIONS FOR CREDIT LOSSES BENEFIT OF $606 MILLION VERSUS PROVISION EXPENSE $1.56 BILLION.AMERICAN EXPRESS CO - QTRLY TOTAL REVENUES NET OF INTEREST EXPENSE $10.24 BILLION VERSUS $7.68 BILLION.AMERICAN EXPRESS CO - QTRLY RESULTS REFLECTED IMPACT OF $866 MILLION ($658 MILLION AFTER TAX) IN CREDITRESERVE RELEASES.AMERICAN EXPRESS - ACQUIRED 2.4 MILLION NEW PROPRIETARY CARDS IN QUARTER, WHILE CONTINUING TO RETAIN CARD MEMBERS AT RATES ABOVE PRE-PANDEMIC LEVELS.AMERICAN EXPRESS - SAW CARD MEMBER SPENDING ACCELERATE FROM PRIOR QUARTER AND EXCEED PRE-PANDEMIC LEVELS IN JUNE.AMERICAN EXPRESS - LARGEST PORTION OF CARD MEMBER SPENDING GROWTH COMING FROM MILLENNIAL, GEN Z, AND SMALL BUSINESS CUSTOMERS.AMERICAN EXPRESS - CONFIDENT IN CO'S ABILITY TO BE WITHIN HIGH END OF RANGE OF EPS EXPECTATIONS CO HAD FOR 2020 IN 2022.Further company coverage: AXP.N. ((Reuters.Briefs@thomsonreuters.com;)).
14 days ago
Bharatpe Announces Acquisition Of Payback India
June 10 (Reuters) - :BHARATPE ANNOUNCES ACQUISITION OF PAYBACK INDIA.BHARATPE - TO BUY PAYBACK INDIA FROM AMERICAN EXPRESS, ICICI INVESTMENTS STRATEGIC FUND, FOR UNDISCLOSED AMOUNT.BHARATPE SAYS PAYBACK INDIA WILL CONTINUE OPERATING UNDER CURRENT NAME, THERE WILL BE NO IMPACT ON EXISTING CUSTOMER/PARTNER RELATIONSHIPS.Further company coverage: AXP.N. ((Reuters.Briefs@thomsonreuters.com;)).
2 months ago
UK's ICO Fines American Express Services Europe Limited £90,000
May 20 (Reuters) - UK's Information Commissioner’s Office::UK'S ICO - FINED AMERICAN EXPRESS SERVICES EUROPE LIMITED £90,000 FOR SENDING MORE THAN FOUR MILLION MARKETING EMAILS TO CUSTOMERS WHO DID NOT WANT TO RECEIVE THEM.UK'S ICO - DURING INVESTIGATION ICO FOUND THAT AMEX HAD SENT OVER 50 MILLION, OF WHAT IT CLASSED AS, SERVICING EMAILS TO ITS CUSTOMERS.UK'S ICO SAYS AMEX ALSO DID NOT REVIEW ITS MARKETING MODEL FOLLOWING CUSTOMER COMPLAINTS.UK'S ICO, ON AMEX, SAYS ICO REVEALED THAT BETWEEN 1 JUNE 2018 AND 21 MAY 2019, 4.1 MILLION OF 50 MILLION EMAILS WERE MARKETING EMAILS.
3 months ago
American Express Reports First-Quarter Revenue Of $9.1 Billion And Earnings Per Share Of $2.74
April 23 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS REPORTS FIRST-QUARTER REVENUE OF $9.1 BILLION AND EARNINGS PER SHARE OF $2.74.Q1 EARNINGS PER SHARE $2.74.QTRLY CONSOLIDATED EXPENSES WERE $6.7 BILLION, DOWN 7 PERCENT FROM $7.2 BILLION A YEAR AGO.GLOBAL COMMERCIAL SERVICES REPORTED FIRST-QUARTER PRETAX INCOME OF $665 MILLION, COMPARED WITH $19 MILLION A YEAR AGO.GLOBAL MERCHANT AND NETWORK SERVICES REPORTED FIRST-QUARTER PRETAX INCOME OF $414 MILLION VERSUS $551 MILLION.GLOBAL CONSUMER SERVICES GROUP REPORTED FIRST-QUARTER PRETAX INCOME OF $2.1 BILLION, COMPARED WITH $231 MILLION A YEAR AGO.."CONFIDENT IN OUR ROADMAP TO ACHIEVE OUR ASPIRATION OF RETURNING TO ORIGINAL EPS EXPECTATIONS WE HAD FOR 2020 IN 2022.
4 months ago
American Express Co Reports Quarterly Discount Revenue $5,242 Million Versus $5,838 Million Reported Last Year
April 23 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CO - QUARTERLY DISCOUNT REVENUE $5,242 MILLION VERSUS $5,838 MILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QUARTERLY CARD MEMBER REWARDS EXPENSES $2,243 MILLION VERSUS $2,392 MILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY TOTAL BILLED BUSINESS $225.4 BILLION VERSUS $242.6 BILLION.
4 months ago
American Express Co Says CEO Stephen J. Squeri's 2020 Total Compensation Was $24.2 Mln
March 19 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS CO SAYS CEO STEPHEN J. SQUERI'S 2020 TOTAL COMPENSATION WAS $24.2 MILLION VERSUS $23.8 MILLION IN 2019 – SEC FILING.AMERICAN EXPRESS CO SAYS CFO JEFFREY C. CAMPBELL'S FY 2020 TOTAL COMPENSATION WAS $11.7 MILLION VERSUS $13.7 MILLION IN FY 2019.AMERICAN EXPRESS CO - FOR 2020, CEO TO MEDIAN COMPENSATED EMPLOYEE PAY RATIO IS 396:1.
5 months ago
American Express ‍​Qrtly Earnings Per Share $1.76
Jan 26 (Reuters) - American Express Co <AXP.N>::AMERICAN EXPRESS - ‍​QTRLY EARNINGS PER SHARE $1.76.AMERICAN EXPRESS -‍​ POSTS GAINS FROM CONSOLIDATED CREDIT PROVISIONS OF $111 MILLION, HELPED BY RESERVE RELEASE OF $674 MILLION IN QUARTER.AMERICAN EXPRESS QTRLY Q4 EARNINGS PER SHARE VIEW $1.31, REVENUE VIEW $9.35 BILLION -- REFINITIV IBES DATA.AMERICAN EXPRESS - QTRLY TOTAL REVENUE NET OF INTEREST EXPENSE $9.35 BILLION VERSUS $11.37 BILLION.AMERICAN EXPRESS CEO SAYS WHILE WE ARE STILL SEEING IMPACTS OF COVID-19 PANDEMIC ON CO'S BUSINESS, TRENDS CONTINUED TO STEADILY IMPROVE IN Q4.AMERICAN EXPRESS CEO SAYS CARD MEMBER SPENDING CONTINUED TO RECOVER, NON-TRAVEL & ENTERTAINMENT SPEND EXCEEDED PRE-COVID LEVELS FOR SECOND CONSECUTIVE QUARTER.AMERICAN EXPRESS CEO SAYS ADDED MORE THAN 3.7 MILLION MERCHANTS INTERNATIONALLY IN 2020.AMERICAN EXPRESS CEO SAYS REMAIN CAUTIOUS ABOUT THE PACE OF RECOVERY.AMERICAN EXPRESS - QUARTER PRIMARILY REFLECTED DECLINES IN CARD MEMBER SPENDING & AVERAGE DISCOUNT RATE COMPARED TO PRIOR YEAR.
7 months ago
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.
Apps​Newsletters​Advertise with UsAdvertising Guidelines​Cookies​Terms of UsePrivacyDo Not Sell My Personal Information
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2021 Reuters. All Rights Reserved.
Lionel Messi to leave FC Barcelona despite an agreement over a new contract, club says, citing financial obstacles