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American Express Co (AXP.N)

AXP.N on New York Stock Exchange

119.06USD
22 Nov 2019
Change (% chg)

$0.26 (+0.22%)
Prev Close
$118.80
Open
$119.21
Day's High
$119.29
Day's Low
$118.42
Volume
492,994
Avg. Vol
827,422
52-wk High
$129.33
52-wk Low
$89.07

Latest Key Developments (Source: Significant Developments)

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

American Express Acquires acompaytm
Thursday, 1 Aug 2019 

July 31 (Reuters) - American Express Co ::AMERICAN EXPRESS EXPANDS SUITE OF GLOBAL BUSINESS PAYMENT CAPABILITIES THROUGH ACQUISITION OF ACOMPAYTM.AMERICAN EXPRESS CO - TO ACQUIRE ACOMPAY(TM) FROM ACOM SOLUTIONS, INC..AMERICAN EXPRESS CO - ACOM SOLUTIONS WILL CONTINUE TO OPERATE AS IT DOES NOW.  Full Article

American Express Announces Launch Of Blue Business Cash Card
Thursday, 18 Jul 2019 

July 18 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - ANNOUNCES LAUNCH OF BLUE BUSINESS CASH CARD.  Full Article

American Express Aims To Expand Digital Dining, Access & Experiences With Acquisition Of Resy Reservation Platform
Wednesday, 15 May 2019 

May 15 (Reuters) - American Express Co ::AMERICAN EXPRESS AIMS TO EXPAND DIGITAL DINING, ACCESS & EXPERIENCES WITH ACQUISITION OF RESY RESERVATION PLATFORM.AMERICAN EXPRESS CO - SIGNED AN AGREEMENT TO ACQUIRE RESY.AMERICAN EXPRESS CO - AFTER DEAL, RESY BRAND AND DIGITAL PLATFORM WILL CONTINUE TO BE LED AND OPERATED BY ITS CO-FOUNDER AND CEO, BEN LEVENTHAL.AMERICAN EXPRESS CO - RESY'S CO-FOUNDER AND CTO, MICHAEL MONTERO, WILL ALSO REMAIN IN PLACE.AMERICAN EXPRESS CO - WORKING WITH RECENTLY ACQUIRED COMPANIES TO DEVELOP NEW DIGITAL CAPABILITIES THAT WILL PROVIDE DIGITAL SERVICES.  Full Article

American Express Reports First-Quarter Earnings Per Share Of $1.80, Adjusted EPS Of $2.01
Thursday, 18 Apr 2019 

April 18 (Reuters) - American Express Co ::AMERICAN EXPRESS REPORTS FIRST-QUARTER EARNINGS PER SHARE OF $1.80, ADJUSTED EPS OF $2.01.COMPANY AFFIRMS 2019 OUTLOOK.QTRLY ADJUSTED EPS OF $2.01.QTRLY CONSOLIDATED EXPENSES WERE $7.6 BILLION, UP 11 PERCENT FROM $6.9 BILLION A YEAR AGO.AMERICAN EXPRESS - FIRST-QUARTER EARNINGS PER SHARE OF $1.80 INCLUDED AN ADDITION TO LEGAL RESERVES OF $0.21 PER SHARE RELATED TO A MERCHANT LITIGATION.QTRLY CONSOLIDATED PROVISIONS FOR LOSSES WERE $809 MILLION, UP 4 PERCENT FROM $775 MILLION A YEAR AGO.FIRST-QUARTER CONSOLIDATED TOTAL REVENUES NET OF INTEREST EXPENSE WERE $10.4 BILLION, UP 7 PERCENT FROM $9.7 BILLION A YEAR AGO.Q1 EARNINGS PER SHARE VIEW $1.99, REVENUE VIEW $10.49 BILLION -- REFINITIV IBES DATA.GLOBAL CONSUMER SERVICES GROUP REPORTED FIRST-QUARTER NET INCOME OF $821 MILLION, DOWN 1 PERCENT FROM $826 MILLION A YEAR AGO..GLOBAL COMMERCIAL SERVICES REPORTED FIRST-QUARTER NET INCOME OF $586 MILLION, UP 7 PERCENT FROM $546 MILLION A YEAR AGO..GLOBAL MERCHANT & NETWORK SERVICES REPORTED FIRST-QUARTER NET INCOME OF $631 MILLION, UP 22 PERCENT FROM $516 MILLION A YEAR AGO.  Full Article

American Express Reports Qtrly U.S. Billed Business Of $195.5 Bln Vs $182.5 Bln Last Year
Thursday, 18 Apr 2019 

April 18 (Reuters) - American Express Co ::AMERICAN EXPRESS CO QTRLY U.S. BILLED BUSINESS $195.5 BILLION VERSUS $182.5 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO QTRLY BILLED BUSINESS OUTSIDE THE U.S. $100.2 BILLION VERSUS $101.3 BILLION REPORTED LAST YEAR.AMERICAN EXPRESS CO - QUARTERLY DISCOUNT REVENUE $6,195 MILLION VERSUS $5,889 MILLION.AMERICAN EXPRESS CO - QUARTERLY CARD MEMBER REWARDS EXPENSES $2,451 MILLION VERSUS $2,347 MILLION.  Full Article

American Express Says CEO S.J. Squeri's FY 2018 Total Compensation Was $17.3 Mln
Friday, 15 Mar 2019 

March 15 (Reuters) - American Express Co ::AMERICAN EXPRESS CO - CHAIRMAN AND CEO S.J. SQUERI'S FY 2018 TOTAL COMPENSATION WAS $17.3 MILLION VERSUS $19.2 MILLION IN FY 2017.AMERICAN EXPRESS CO SAYS RETIRED CHAIRMAN AND CEO K.I. CHENAULT'S FY 2018 TOTAL COMPENSATION WAS $24.2 MILLION VERSUS $18.6 MILLION IN FY 2017 - SEC FILING.AMERICAN EXPRESS CO - CFO J.C. CAMPBELL'S FY 2018 TOTAL COMPENSATION WAS $11.9 MILLION VERSUS $9.6 MILLION IN FY 2017.AMERICAN EXPRESS CO - GROUP PRESIDENT, GLOBAL CONSUMER SERVICES GROUP, D.E. BUCKMINSTER'S FY 2018 TOTAL COMPENSATION WAS $10.3 MILLION VERSUS $9.4 MILLION IN FY 2017.AMERICAN EXPRESS CO - TOTAL COMPENSATION OF A.E. MARRS, WHO WAS APPOINTED PRESIDENT, GLOBAL COMMERCIAL SERVICES ON SEPT 10, WAS $8.9 MILLION FOR FY 2018.AMERICAN EXPRESS CO - GROUP PRESIDENT, GLOBAL MERCHANT AND NETWORK SERVICES, A.D. WILLIAMS' FY 2018 TOTAL COMPENSATION WAS $8.5 MILLION.AMERICAN EXPRESS CO - K.I. CHENAULT'S FY 2018 TOTAL COMPENSTION INCLUDES STOCK AWARDS OF $12.3 MILLION, NON-EQUITY INCENTIVE PLAN COMPENSATION OF $6.4 MILLION.AMERICAN EXPRESS - CHAIRMAN AND CEO SQUERI'S FY 2018 TOTAL COMPENSATION INCLUDED BONUS OF $5.9 MILLION, STOCK AWARD OF ABOUT $6 MILLION & OPTION AWARDS OF $1.5 MILLION.AMERICAN EXPRESS - CHAIRMAN AND CEO SQUERI'S FY 2018 TOTAL COMPENSATION ALSO INCLUDED $1.9 MILLION IN NON-EQUITY INCENTIVE PLAN COMPENSATION.AMERICAN EXPRESS CO - J.C. CAMPBELL'S FY 2018 TOTAL COMPENSATION INCLUDES BONUS OF $4.9 MILLION, STOCK AWARDS OF $3.1 MILLION.  Full Article

American Express Suspends A Director In Foreign-Exchange Pricing Probe - WSJ
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - :AMERICAN EXPRESS SUSPENDS A DIRECTOR IN FOREIGN-EXCHANGE PRICING PROBE - WSJ, CITING SOURCES.  Full Article

UPDATE 2-AmEx profit beats estimates as consumers shrug off slowdown fears

Oct 18 Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.