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American Express Company

AXP

Latest Trade

161.34USD

Change

0.00(0.00%)

Volume

3,735

Today's Range

--

 - 

--

52 Week Range

89.11

 - 

179.67

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
161.34
Open
0.00
Volume
3,735
3M AVG Volume
79.20
Today's High
--
Today's Low
--
52 Week High
179.67
52 Week Low
89.11
Shares Out (MIL)
794.43
Market Cap (MIL)
128,173.80
Forward P/E
18.27
Dividend (Yield %)
1.07

Next Event

American Express Co at Bernstein Autonomous Research Future of Commerce Symposium (Virtual)

Latest Developments

More

Adage Capital Partners Ups Share Stake in Jetblue, Southwest Airlines, Dissolves in Uber

Amex CEO sees recovery in loan balances to continue to lag to recovery in spending - conf call

American Express Reports Q2 Revenue Of $10.2 Bln

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About American Express Company

American Express Company is an integrated payments company. The Company provides its customers with access to products, insights and experiences that builds business. It provides credit and charge cards to consumers, small businesses, mid-sized companies and corporations around the world. Its various products and services are sold to diverse customer groups through various channels, including mobile and online applications, affiliate marketing, customer referral programs, third-party vendors and business partners, direct mail, telephone, in-house sales teams and direct response advertising. It is engaged in businesses comprising three reportable operating segments: Global Consumer Services Group (GCSG), Global Commercial Services (GCS) and Global Merchant and Network Services (GMNS). It operates a payments network through which it maintains relationships with third-party banks and other institutions.

Industry

Consumer Financial Services

Contact Info

200 Vesey St Fl 50

NEW YORK, NY

10285-1000

United States

+1.212.6402000

https://www.americanexpress.com

Executive Leadership

Stephen J. Squeri

Chairman of the Board, Chief Executive Officer

Jeffrey C. Campbell

Chief Financial Officer

Douglas E. Buckminster

Group President, Global Consumer Services Group

Anna E. Marrs

President - Global Commercial Services

Denise Pickett

President, Global Services Group

Key Stats

2.50 mean rating - 30 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

40.3K

2019

43.6K

2020

36.1K

2021(E)

40.9K
EPS (USD)

2018

7.330

2019

8.200

2020

3.770

2021(E)

8.830
Price To Earnings (TTM)
18.75
Price To Sales (TTM)
3.37
Price To Book (MRQ)
5.04
Price To Cash Flow (TTM)
14.85
Total Debt To Equity (MRQ)
486.05
LT Debt To Equity (MRQ)
146.30
Return on Investment (TTM)
7.60
Return on Equity (TTM)
3.74

Latest News

Latest News

AmEx again delays return to office for U.S. staff

American Express Co on Thursday again delayed a return to the office for its U.S. employees due to the fast-spreading Delta variant, setting Jan. 24 as the target date at the earliest.

AmEx postpones full return to office until October 11

American Express Co has postponed a full return of employees to its offices in the United States until at least Oct. 11 due to the rapid spread of the Delta variant of the coronavirus, according to an internal memo seen by Reuters on Tuesday.

AmEx beats profit estimates as consumer spending recovers from pandemic lows

American Express Co's second-quarter profit blew past analysts' estimates on Friday, driven by a recovery in global consumer spending, especially on travel, as more people ventured out after the rollout of vaccines.

CORRECTED-AmEx beats profit estimates on boost from reserve release, consumer spending

American Express Co beat estimates for second-quarter profit on Friday as increased consumer spending and an improving economy prompted it to release more funds from its loan-loss reserves.

UPDATE 2-India's ban on Mastercard to hit banks' card operations, income -sources

* Indian banks seen facing the heat as Mastercard is big player (Adds Citibank comment in paragraph 20)

India's ban on Mastercard to hit banks' card operations, income - sources

India's decision to ban Mastercard Inc for non-compliance with data storage rules has unsettled the country's financial sector as it will disrupt banks' card offerings and hit revenues, payments and banking industry executives told Reuters.

AmEx credit spending slump eclipses profit beat, shares fall

American Express Co said on Friday travel and entertainment-related spending on its cards halved in the first quarter as customers stayed at home during the COVID-19 crisis, overshadowing its better-than-expected profit.

AmEx profit beats on over $1 bln reserve release boost

American Express Co exceeded quarterly profit estimates on Friday as it released more than $1 billion worth of funds it had set aside to cover potential coronavirus loan losses.

AmEx CEO does not expect all employees to return to office

American Express Co said on Tuesday not all of its employees would likely return to office.

Amex reveals U.S. probes into business, consumer cards sales practices

Federal investigators began probing American Express Co's small business and consumer cards sales practices in January, the company disclosed on Friday.

AmEx sees consumer travel recovery after lower spending hits profit

American Express Co said on Tuesday it expects an uptick in holiday travel this summer, but not business travel, as it seeks to recover from a year which dented airline traffic and hotel bookings, knocking 15% off its bottom line.

AmEx beats estimates for fourth-quarter profit

American Express Co posted a better-than-expected quarterly profit on Tuesday as higher online spending cushioned a slump in demand for travel and entertainment during the COVID-19 pandemic.

Federal investigators probe business-card sales practices at AmEx - WSJ

Federal investigators are probing business-card sales practices at American Express Co, the Wall Street Journal reported on Thursday, citing people familiar with the matter. (https://on.wsj.com/3oqlUMK)

American Express to invest $1 billion in diversity push

American Express Co <AXP.N> said on Thursday it was investing $1 billion to advance racial and gender equality, the latest in a line of U.S. companies pledging to promote social justice after a series of race-related protests earlier in the year.

AmEx issues dismal outlook on business travel spending as profit slumps

American Express Co on Friday warned that business travel spending would not pick up before early 2022 after reporting underwhelming third-quarter profit due to weak spending on travel and entertainment by its card users.

American Express reports 40% slump in quarterly profit

Credit card issuer American Express Co reported a nearly 40% slump in quarterly profit on Friday, hurt by lower spending by its users, while it also set aside $665 million for potential defaults.

American Express to acquire online lender Kabbage

American Express <AXP.N> said on Monday it would buy fintech lender and platform Kabbage in a move aimed at bolstering its cash management offering to small businesses.

American Express in advanced talks to buy Softbank-backed Kabbage: Bloomberg News

American Express Co <AXP.N> is in advanced discussions to buy online small-business lender Kabbage Inc in an all-cash deal, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-08-10/amex-said-to-be-in-advanced-talks-to-buy-softbank-backed-kabbage?sref=vEQJzSks...

British Airways-owner IAG boosted by 750 million pounds deal with American Express

British Airways-owner International Airlines Group <ICAG.L> said American Express would pay it 750 million pounds ($955 million) to renew their partnership, providing a welcome boost to the airline's finances at a time when it is burning through cash.

American Express JV gets final approval to launch operations in China

China's central bank has given the final nod to a network clearing license for an American Express <AXP.N> joint venture, allowing it to be the first foreign credit card company to launch onshore operations in China.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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