American Express Company (N:AXP)
Business Focus: Consumer Credit Card Services
| Sector: Financials | Industry: Consumer Lending |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 200 Vesey Street NEW YORK NY 10285 |
| Tel: | 1-212-6405574 |
| Website: | https://www.americanexpress.com |
| IR: | See website |
| Key People | ||
| Stephen J. Squeri Chairman of the Board, Chief Executive Officer | Ravi Radhakrishnan Chief Information Officer | Douglas E. Buckminster Vice Chairman |
| Christophe Le Caillec Chief Financial Officer | Howard Grosfield President, U.S. Consumer Services | Raymond Donald Joabar Group President, Global Merchant and Network Services |
| Rafael Marquez President - International Card Services | Anna E. Marrs Group President, Commercial Services and Credit and Fraud Risk | Denise Pickett President - Global Services Group | Anre D. Williams Group President - Enterprise Services and CEO American Express National Bank |
| Business Overview |
| American Express Company is a globally integrated payments company. The Company provides its customers with access to products, insights, and experiences that build business. It provides credit and charge cards to consumers, small businesses, mid-sized companies, and corporations. It operates under four segments: U.S. Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), and Global Merchant and Network Services (GMNS). USCS offers travel and lifestyle services as well as banking and non-card financing products. CS offers payment and expense management, banking, and non-card financing products. CS also issues corporate cards and provides services to select global corporate clients. ICS also provides services to international customers, including travel and lifestyle services, and manages certain international joint ventures and its loyalty coalition businesses. GMNS provides multi-channel marketing programs and capabilities, services, and data analytics. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, American Express Company revenues increased 20% to $65.38B. Net income applicable to common stockholders increased 12% to $8.25B. Revenues reflect US Consumer Services segment increase of 18% to $28.12B, United States segment increase of 14% to $47.14B, Net Interest Margin, Total -% increase of 8% to 11.5%. Net income was partially offset by Card member loans increase from $1.51B to $3.84B (expense). |
| Employees: | 74,600 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $289,829M as of Dec 31, 2023 |
| Annual revenue (TTM): | $65,380M as of Dec 31, 2023 |
| EBITDA (TTM): | $12,234M as of Dec 31, 2023 |
| Net annual income (TTM): | $8,252M as of Dec 31, 2023 |
| Free cash flow (TTM): | $15,216M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $132,387M as of Dec 31, 2023 |
| Shares outstanding: | 723,869,787 as of Feb 1, 2024 |
| Index Membership: | S&P 500, Dow Industry |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.