American express co (AXP)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Non-interest revenues
Travel commissions and fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104

500

423

491

490

495

437

503

465

521

451

514

480

523

454

471

483

434

385

436

383

407

365

499

573

Securitization income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

71

-2

141

200

227

Non-interest revenues

7,980

9,081

8,786

8,764

8,305

8,442

8,183

8,173

7,877

7,968

7,613

7,639

7,207

9,925

6,440

6,786

6,508

6,844

6,688

6,861

6,503

7,657

6,908

7,315

6,836

7,124

7,018

7,043

6,638

6,948

6,681

6,844

6,454

6,632

6,458

6,535

5,961

6,273

5,789

5,617

5,253

5,592

5,262

5,351

5,007

6,214

6,501

Interest income
Interest on loans

2,909

2,934

2,885

2,764

2,725

2,674

2,554

2,387

2,326

2,205

2,131

1,950

1,862

1,768

1,690

1,818

1,938

1,891

1,847

1,776

1,795

1,769

1,753

1,696

1,711

1,715

1,698

1,622

1,683

1,660

1,658

1,582

1,611

1,587

1,587

1,543

1,555

1,457

1,675

1,657

1,775

1,036

1,059

1,081

1,292

1,560

1,564

Interest and dividends on investment securities

38

50

53

52

33

35

35

27

21

21

22

23

23

27

34

34

36

37

38

41

41

43

45

45

46

48

48

52

53

53

60

67

66

72

68

99

88

98

103

125

117

225

229

196

154

200

217

Deposits with banks and other

99

101

142

149

196

157

149

126

115

93

92

81

60

35

40

33

31

19

19

20

21

17

17

18

19

19

21

20

26

24

21

22

30

26

33

18

20

21

16

16

13

11

9

11

28

74

76

Total interest income

3,046

3,085

3,080

2,965

2,954

2,866

2,738

2,540

2,462

2,319

2,245

2,054

1,945

1,830

1,764

1,885

2,005

1,947

1,904

1,837

1,857

1,829

1,815

1,759

1,776

1,782

1,767

1,694

1,762

1,737

1,739

1,671

1,707

1,685

1,688

1,660

1,663

1,576

1,794

1,798

1,905

1,272

1,297

1,288

1,474

1,834

1,857

Interest expense
Deposits

326

353

401

406

399

377

340

300

270

241

213

176

149

148

150

150

150

138

125

109

103

97

91

91

94

110

111

107

114

118

118

115

129

133

127

131

137

140

141

137

128

126

109

105

85

109

123

Interest Expense Short Term Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-

0

1

1

1

2

7

27

114

136

Long-term debt and other

390

448

476

485

496

457

437

411

351

339

355

345

294

266

280

286

275

262

274

305

307

308

329

352

345

353

373

385

405

426

440

435

445

443

448

445

456

467

469

472

469

435

432

435

443

661

631

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

Total interest expense

716

801

877

891

895

834

777

711

621

580

568

521

443

414

430

436

425

400

399

414

410

405

420

443

439

463

484

492

519

544

558

550

574

575

575

577

593

605

610

610

598

562

543

547

555

884

903

Net interest income

2,330

2,284

2,203

2,074

2,059

2,032

1,961

1,829

1,841

1,739

1,677

1,533

1,502

1,416

1,334

1,449

1,580

1,547

1,505

1,423

1,447

1,424

1,395

1,316

1,337

1,319

1,283

1,202

1,243

1,193

1,181

1,121

1,133

1,110

1,113

1,083

1,070

971

1,184

1,188

1,307

710

754

741

919

950

954

Total revenues net of interest expense

10,310

11,365

10,989

10,838

10,364

10,474

10,144

10,002

9,718

9,707

9,290

9,172

8,709

11,341

7,774

8,235

8,088

8,391

8,193

8,284

7,950

9,081

8,303

8,631

8,173

8,443

8,301

8,245

7,881

8,141

7,862

7,965

7,587

7,742

7,571

7,618

7,031

7,244

6,973

6,805

6,560

6,302

6,016

6,092

5,926

7,164

7,455

Provisions for credit losses
Card Member receivables

597

248

238

224

253

236

214

245

242

205

214

163

213

200

174

153

169

195

203

165

174

198

196

183

215

174

159

161

154

70

190

163

178

237

174

161

198

183

89

96

227

141

143

237

336

351

241

Card Member loans

1,876

730

604

603

525

679

560

528

499

596

531

404

337

404

319

285

227

361

309

285

235

341

265

282

250

290

248

334

243

277

264

277

212

149

48

176

-120

37

262

540

688

560

989

1,303

1,414

958

1,537

Other

148

46

37

34

31

39

43

33

34

33

25

16

23

22

11

25

38

16

17

17

11

43

27

24

20

15

12

23

19

13

25

21

22

23

27

20

19

19

22

16

28

47

46

44

53

50

46

Total provisions for credit losses

2,621

1,024

879

861

809

954

817

806

775

834

770

583

573

626

504

463

434

572

529

467

420

582

488

489

485

479

419

518

416

360

479

461

412

409

249

357

97

239

373

652

943

748

1,178

1,584

1,803

1,359

1,824

Total revenues net of interest expense after provisions for credit losses

7,689

10,341

10,110

9,977

9,555

9,520

9,327

9,196

8,943

8,873

8,520

8,589

8,136

10,715

7,270

7,772

7,654

7,819

7,664

7,817

7,530

8,499

7,815

8,142

7,688

7,964

7,882

7,727

7,465

7,781

7,383

7,504

7,175

7,333

7,322

7,261

6,934

7,005

6,600

6,153

5,617

5,554

4,838

4,508

4,123

5,805

5,631

Expenses
Marketing and business development

1,705

1,948

1,818

1,773

1,575

1,820

1,642

1,663

1,345

1,535

1,446

1,456

1,285

3,804

930

788

727

892

847

761

609

887

783

959

587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Card Member rewards

2,392

2,722

2,614

2,652

2,451

2,516

2,400

2,433

2,347

2,262

2,168

2,196

2,061

2,784

1,566

1,766

1,703

1,794

1,763

1,799

1,640

1,881

1,695

1,773

1,582

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Card Member services

456

551

558

563

550

495

457

416

409

383

351

341

317

259

278

281

282

246

269

242

261

203

205

192

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing, promotion, rewards and Card Member services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,643

2,580

2,330

2,776

2,461

2,415

2,292

2,388

2,511

2,581

2,450

2,333

2,275

2,143

1,987

2,130

1,619

1,512

1,302

1,929

1,924

Salaries and employee benefits

1,395

1,623

1,499

1,367

1,422

1,294

1,350

1,280

1,326

1,436

1,265

1,293

1,264

1,207

1,263

1,451

1,338

1,209

1,212

1,250

1,305

1,607

1,290

1,658

1,540

1,489

1,544

1,543

1,615

1,910

1,516

1,536

1,635

1,537

1,598

1,595

1,522

1,570

1,354

1,315

1,327

1,196

1,261

1,370

1,253

1,465

1,495

Professional services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

745

663

-

701

636

561

715

575

599

519

608

606

Other, net

1,289

1,511

1,355

1,403

1,599

1,564

1,360

1,313

1,434

1,459

1,459

1,346

1,370

1,554

1,498

470

1,420

2,224

1,635

1,535

1,399

1,696

1,596

1,248

1,549

1,885

1,691

1,609

1,611

2,166

1,536

1,674

1,475

3,068

1,502

575

567

3,523

630

464

490

552

465

609

505

725

832

Total expenses

7,237

8,355

7,844

7,758

7,597

7,689

7,209

7,105

6,861

7,075

6,689

6,632

6,297

9,608

5,535

4,756

5,470

6,365

5,726

5,587

5,214

6,274

5,569

5,830

5,480

5,984

5,878

5,732

5,556

6,852

5,513

5,625

5,402

5,585

5,611

5,496

5,202

5,528

4,960

4,558

4,365

4,593

3,920

4,090

3,579

4,727

4,857

Pretax income

452

1,986

2,266

2,219

1,958

1,831

2,118

2,091

2,082

1,798

1,831

1,957

1,839

1,107

1,735

3,016

2,184

1,454

1,938

2,230

2,316

2,225

2,246

2,312

2,208

1,980

2,004

1,995

1,909

929

1,870

1,879

1,773

1,748

1,711

1,765

1,732

1,477

1,640

1,595

1,252

-

-

-

-

-

-

OperatingIncomeLoss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

918

418

544

1,078

774

Income tax provision

85

293

511

458

408

-179

464

468

448

3,004

472

613

588

315

593

1,001

758

555

672

757

791

778

769

783

776

672

638

590

629

292

620

540

517

556

476

470

555

415

547

578

367

251

276

76

101

217

114

Net Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,015

1,426

-

1,266

1,473

-

-

-

-

-

-

-

-

-

-

-

-

1,256

-

1,235

1,295

-

-

1,093

1,017

-

710

642

342

443

861

660

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

36

-

-

-

0

-

6

-2

-5

-6

-46

-7

Net income

367

1,693

1,755

1,761

1,550

2,010

1,654

1,623

1,634

-1,206

1,359

1,344

1,251

792

1,142

2,015

1,426

899

1,266

1,473

1,525

1,447

1,477

1,529

1,432

1,308

1,366

1,405

1,280

-

1,250

1,339

-

1,192

1,235

1,331

1,177

1,062

1,093

1,017

885

716

640

337

437

815

653

Earnings per Common Share
Earnings per Common Share
Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.49

1.39

1.41

1.44

1.34

1.22

1.26

1.28

1.15

-

1.10

1.16

-

-

1.04

1.08

-

-

0.91

0.84

-

0.60

0.54

0.09

0.32

0.74

0.57

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.03

-

-

-

0.00

-

0.00

0.00

0.00

-0.01

-0.04

-0.01

Basic (in dollars per share)

0.41

-

2.09

2.07

1.81

-

1.89

1.85

1.86

-

1.51

1.48

1.36

-

1.21

2.11

1.45

-

1.24

1.43

-

-

-

-

-

-

-

-

-

-

-

-

1.07

1.01

1.04

1.11

0.98

0.88

0.91

0.84

0.74

0.60

0.54

0.09

0.31

0.70

0.56

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.48

1.40

1.40

1.43

1.33

1.21

1.25

1.27

1.15

0.58

1.09

1.15

1.07

-

1.03

1.07

-

-

0.90

0.84

-

0.59

0.54

0.09

0.32

0.74

0.56

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.03

-

-

-

0.00

-

0.02

-0.01

0.00

-0.01

-0.04

0.00

Diluted (in dollars per share)

0.41

-

2.08

2.07

1.80

-

1.88

1.84

1.86

-

1.51

1.47

1.35

-

1.20

2.10

1.45

-

1.24

1.42

-

-

-

-

-

-

-

-

-

-

-

-

-

1.02

1.03

1.10

0.97

0.88

0.90

0.84

0.73

0.61

0.53

0.09

0.31

0.70

0.56

Average common shares outstanding for earnings per common share:
Basic (in shares)

807

812

825

834

841

1,705

858

860

0

865

878

890

899

913

920

938

961

974

994

1,009

1,019

1,027

1,041

1,052

1,060

1,065

1,074

1,090

1,099

1,109

1,126

1,145

1,160

1,155

1,175

1,190

1,192

1,184

1,193

1,190

1,185

1,176

1,178

1,162

1,156

1,154

1,154

Diluted (in shares)

808

814

827

836

843

1,713

860

862

0

867

881

893

903

913

923

941

963

979

997

1,013

1,023

1,032

1,047

1,058

1,067

1,072

1,081

1,097

1,106

1,114

1,132

1,152

1,166

1,160

1,181

1,197

1,198

1,193

1,199

1,197

1,191

1,182

1,181

1,165

1,156

1,158

1,163

Common Stock Dividends Per Share Declared

-

-

-

-

-

-

-

-

0.35

-

0.35

0.32

0.32

-

0.32

0.29

0.29

-

0.29

0.29

0.26

-

0.26

0.26

0.23

-

0.23

0.23

0.20

-

0.20

0.20

0.20

-

0.18

0.18

0.18

-

0.18

0.18

0.18

-

0.18

0.18

0.18

0.18

0.18

Discount revenue [Member]
Non-interest revenues

5,838

6,829

6,566

6,577

6,195

6,457

6,181

6,194

5,889

6,060

5,700

5,743

5,387

8,394

4,516

4,824

4,643

4,913

4,778

4,946

4,660

4,961

4,889

4,919

4,620

4,765

4,659

4,729

4,438

4,575

4,425

4,482

4,257

4,336

4,218

4,278

3,902

4,017

3,761

3,680

3,422

3,458

3,373

3,305

3,066

3,848

3,991

Net card fees [Member]
Non-interest revenues

1,110

1,077

1,033

988

944

897

870

844

830

785

786

771

748

725

747

715

699

687

679

667

667

671

680

687

674

673

658

647

653

648

633

615

610

612

622

613

601

753

527

520

521

549

538

532

532

541

542

Other fees and commissions [Member]
Non-interest revenues

720

832

825

837

803

788

798

786

781

778

755

746

711

642

694

702

680

704

727

727

708

1,742

642

624

618

626

610

605

573

578

581

575

583

552

604

584

529

519

515

497

500

438

448

439

453

573

590

Other [Member]
Non-interest revenues

312

343

362

362

363

300

334

349

377

345

372

379

361

164

483

545

486

540

504

521

468

1,310

593

585

501

569

601

567

537

644

577

651

553

618

534

537

475

513

503

486

425

521

449

670

450

553

578