American Express

Q1 Results Q/Q Comparison:

  • Revenue decreased 2% to $7.89B
  • GAAP Diluted EPS decreased 8% to $1.34
  • Net Income decreased 13% to $1.24B
  • Total cards-in-force decreased 6% to 111.2 million
    • United States cards-in-force decreased 17% to 48.2 million
    • Outside United States cards-in-force increased 4% to 63.0 million
  • Card billed business decreased 1% to $252.3B
    • United States card billed business decreased 6% to $165.4B
    • Outside United States card billed business increased 12% to $86.9B
  • Average discount rate of 2.45% up from 2.44%
    • Discount revenue decreased 3% to $4.52B
  • Net write-offs of 1.7%, up from 1.5%
  • Loans 30 days past due of 1.2%, up from 1.1%
  • Tier 1 capital of 13.9%
  • Return on Equity of 25%, up from 24%
  • Returned 91% of earnings to shareholders

Stock Price: $76
Market Capitalization: $70 billion

April 19, 2017

 

 

 


 


 

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