April 17, 2013 / 8:16 PM / 4 years ago

American Express first-quarter profit up 2 percent

April 17 (Reuters) - Credit card company American Express Co’s first-quarter profit rose 2 percent as card member spending remained muted amid increased corporate cutbacks.

American Express profit rose to $1.28 billion, or $1.15 per share, for the quarter ended March 31, from $1.26 billion, or $1.07 per share, a year earlier.

Total revenue, net of interest expense, rose 4 percent to $7.88 billion.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below