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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

93.23USD
10 Jul 2020
Change (% chg)

$2.66 (+2.94%)
Prev Close
$90.57
Open
$90.32
Day's High
$93.30
Day's Low
$89.87
Volume
1,289,297
Avg. Vol
1,530,086
52-wk High
$138.13
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$67.03

Latest Key Developments (Source: Significant Developments)

American Express Reports Qtrly Discount Revenue $5.84 Bln vs $6.20 Bln Reported Last Year
Friday, 24 Apr 2020 

April 24 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - QTRLY DISCOUNT REVENUE $5.84 BILLION VERSUS $6.20 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QTRLY CARD MEMBER REWARDS EXPENSES $2.39 BILLION VERSUS $ 2.45 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO QTRLY U.S. BILLED BUSINESS $190.2 BILLION VERSUS $195.5 BILLION.AMERICAN EXPRESS CO QTRLY BILLED BUSINESS OUTSIDE THE U.S. $89.1 BILLION VERSUS $100.2 BILLION.  Full Article

American Express Reports Q1 Rev Of $10.3 Bln And EPS Of $0.41
Friday, 24 Apr 2020 

April 24 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS FIRST-QUARTER REVENUE OF $10.3 BILLION AND EARNINGS PER SHARE OF $0.41.Q1 EARNINGS PER SHARE $0.41.Q1 EARNINGS PER SHARE ESTIMATE $1.43 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED EXPENSES WERE $7.2 BILLION, DOWN 5 PERCENT FROM $7.6 BILLION A YEAR AGO.GLOBAL CONSUMER SERVICES GROUP REPORTED FIRST-QUARTER NET INCOME OF $201 MILLION, COMPARED WITH $954 MILLION A YEAR AGO.GLOBAL COMMERCIAL SERVICES REPORTED FIRST-QUARTER NET INCOME OF $38 MILLION, COMPARED WITH $512 MILLION A YEAR AGO.GLOBAL MERCHANT AND NETWORK SERVICES REPORTED FIRST-QUARTER NET INCOME OF $417 MILLION, COMPARED WITH $571 MILLION A YEAR AGO.  Full Article

American Express Co Says CEO Stephen Squeri's FY 2019 Total Compensation Was $23.8 Mln
Tuesday, 24 Mar 2020 

March 24 (Reuters) - American Express Co ::AMERICAN EXPRESS CO SAYS CEO STEPHEN SQUERI'S FY 2019 TOTAL COMPENSATION WAS $23.8 MILLION VERSUS $17.3 MILLION IN FY 2018 - SEC FILING.AMERICAN EXPRESS CO SAYS CFO JEFFREY CAMPBELL'S FY 2019 TOTAL COMPENSATION WAS $13.7 MILLION VERSUS $11.9 MILLION IN FY 2018.AMERICAN EXPRESS CO SAYS GROUP PRESIDENT DOUGLAS BUCKMINSTER'S FY 2019 TOTAL COMPENSATION WAS $13.7 MILLION.AMERICAN EXPRESS CO SAYS CEO TO MEDIAN COMPENSATED EMPLOYEE PAY RATIO IS 367:1 IN 2019.  Full Article

Jessica Quinn Appointed Executive Vice President, Corporate Controller And Principal Accounting Officer Of American Express
Saturday, 8 Feb 2020 

Feb 7 (Reuters) - American Express Co ::JESSICA LIEBERMAN QUINN APPOINTED EXECUTIVE VICE PRESIDENT, CORPORATE CONTROLLER AND PRINCIPAL ACCOUNTING OFFICER OF AMERICAN EXPRESS.AMERICAN EXPRESS - LIEBERMAN QUINN HAS SERVED AS SENIOR VP, BUSINESS CFO FOR GLOBAL COMMERCIAL SERVICES SINCE FEBRUARY 2019.  Full Article

American Express Global Business Travel Signs Deal With Carlyle For Equity Recapitalization OF JV Ownership
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - American Express Global Business Travel::AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL - SIGNING OF AGREEMENT FOR EQUITY RECAPITALIZATION OF ITS JOINT VENTURE OWNERSHIP STRUCTURE.AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL - CARLYLE GLOBAL PARTNERS, AND GIC JOIN INVESTOR CONSORTIUM.AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL - AMERICAN EXPRESS RETAINS 50% STAKE IN JV; COMMITS TO LONG-TERM STAKE IN BUSINESS TRAVEL.AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL - TERMS OF TRANSACTION ARE NOT DISCLOSED.AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL - CERTARES-LED INVESTOR GROUP WILL HOLD OTHER 50% STAKE IN JV.AMERICAN EXPRESS GLOBAL - UNIVERSITY OF CALIFORNIA OFFICE OF CHIEF INVESTMENT OFFICER OF REGENTS, AND KAISER PERMANENTE, HAVE JOINED INVESTOR GROUP.AMERICAN EXPRESS GLOBAL - GREG O’HARA WILL CONTINUE AS EXECUTIVE CHAIRMAN OF GBT BOARD OF DIRECTORS.  Full Article

Carlyle, Others Buy Stake In Amex Corporate-Travel Business - WSJ
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - :CARLYLE, OTHERS BUY STAKE IN AMEX CORPORATE-TRAVEL BUSINESS - WSJ.CARLYLE, OTHERS TAKING STAKE IN AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL, IN AN EQUITY RECAPITALIZATION DEAL VALUING CO AT $5 BILLION, INCLUDING DEBT - WSJ.  Full Article

American Express Sets Regular Quarterly Dividend Of $0.43 Per Share
Thursday, 12 Dec 2019 

Dec 12 (Reuters) - American Express Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.43PER SHARE.AMERICAN EXPRESS DECLARES REGULAR QUARTERLY DIVIDEND.  Full Article

American Express Says Reaffirming 2019 EPS Guidance Range
Friday, 18 Oct 2019 

Oct 18 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS THIRD-QUARTER EARNINGS PER SHARE OF $2.08 STRONG REVENUE GROWTH REFLECTS HIGHER CARD MEMBER SPENDING, NET INTEREST INCOME AND CARD FEES.QTRLY CONSOLIDATED PROVISIONS FOR LOSSES WERE $879 MILLION, UP 8 PERCENT FROM $817 MILLION A YEAR AGO.GLOBAL CONSUMER SERVICES GROUP REPORTED THIRD-QUARTER NET INCOME OF $857 MILLION, UP 10 PERCENT FROM $779 MILLION A YEAR AGO.QTRLY CONSOLIDATED EXPENSES WERE $7.8 BILLION, UP 9 PERCENT FROM $7.2 BILLION A YEAR AGO.GLOBAL COMMERCIAL SERVICES REPORTED THIRD-QUARTER NET INCOME OF $629 MILLION, UP 4 PERCENT FROM $606 MILLION A YEAR AGO.GLOBAL MERCHANT & NETWORK SERVICES REPORTED THIRD-QUARTER NET INCOME OF $600 MILLION, UP 3 PERCENT FROM $580 MILLION A YEAR AGO.REAFFIRMING OUR 2019 EPS GUIDANCE RANGE AND EXPECT REVENUE GROWTH OF 8 TO 10 PERCENT FOR THE FOURTH QUARTER.FY2019 EARNINGS PER SHARE VIEW $8.12 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $11.41 BILLION -- REFINITIV IBES DATA.  Full Article

American Express Reports Q3 Earnings Of $2.08 Per Share
Friday, 18 Oct 2019 

Oct 18 (Reuters) - American Express Co ::QUARTERLY EARNINGS PER SHARE $2.08.QUARTERLY REVENUE $11.0 BILLION.Q3 EARNINGS PER SHARE VIEW $2.03, REVENUE VIEW $10.94 BILLION -- REFINITIV IBES DATA.  Full Article

American Express Board Authorizes Repurchase Of Up To 120 Million Shares, Announces 10 Percent Dividend Increase
Tuesday, 24 Sep 2019 

American Express Co ::AMERICAN EXPRESS BOARD AUTHORIZES REPURCHASE OF UP TO 120 MILLION SHARES, ANNOUNCES 10 PERCENT DIVIDEND INCREASE.AMERICAN EXPRESS CO - BOARD OF DIRECTORS APPROVED A $0.04 - OR 10 PERCENT - INCREASE IN QUARTERLY DIVIDEND.AMERICAN EXPRESS CO - AUTHORIZATION REPLACES 41 MILLION SHARES OF COMMON STOCK REMAINING FROM PREVIOUS BOARD AUTHORIZATION IN 2016.AMERICAN EXPRESS CO - DIVIDEND WAS RAISED TO $0.43 PER COMMON SHARE, FROM $0.39.  Full Article

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American Express JV gets final approval to launch operations in China

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