AMERICAN EXPRESS CO AXP Income Statement

American express co (AXP)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Non-interest revenues
Travel commissions and fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,518	1,904	1,899	1,913	1,925	1,900	1,926	1,940	1,951	1,966	1,968	1,971	1,928	1,931	1,842	1,773	1,738	1,638	1,611	1,591	1,654	1,844	0	0	0
Securitization income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	410	566	0	0	0
Non-interest revenues
34,611	34,936	34,297	33,694	33,103	32,675	32,201	31,631	31,097	30,427	32,384	31,211	30,358	29,659	26,578	26,826	26,901	26,896	27,709	27,929	28,383	28,716	28,183	28,293	28,021	27,823	27,647	27,310	27,111	26,927	26,611	26,388	26,079	25,586	25,227	24,558	23,640	22,932	22,251	21,724	21,458	21,212	21,834	23,073	0	0	0
Interest income
Interest on loans
11,492	11,308	11,048	10,717	10,340	9,941	9,472	9,049	8,612	8,148	7,711	7,270	7,138	7,214	7,337	7,494	7,452	7,309	7,187	7,093	7,013	6,929	6,875	6,820	6,746	6,718	6,663	6,623	6,583	6,511	6,438	6,367	6,328	6,272	6,142	6,230	6,344	6,564	6,143	5,527	4,951	4,468	4,992	5,497	0	0	0
Interest and dividends on investment securities
193	188	173	155	130	118	104	91	87	89	95	107	118	131	141	145	152	157	163	170	174	179	184	187	194	201	206	218	233	246	265	273	305	327	353	388	414	443	570	696	767	804	779	767	0	0	0
Deposits with banks and other
491	588	644	651	628	547	483	426	381	326	268	216	168	139	123	102	89	79	77	75	73	71	73	77	79	86	91	91	93	97	99	111	107	97	92	75	73	66	56	49	44	59	122	189	0	0	0
Total interest income
12,176	12,084	11,865	11,523	11,098	10,606	10,059	9,566	9,080	8,563	8,074	7,593	7,424	7,484	7,601	7,741	7,693	7,545	7,427	7,338	7,260	7,179	7,132	7,084	7,019	7,005	6,960	6,932	6,909	6,854	6,802	6,751	6,740	6,696	6,587	6,693	6,831	7,073	6,769	6,272	5,762	5,331	5,893	6,453	0	0	0
Interest expense
Deposits
1,486	1,559	1,583	1,522	1,416	1,287	1,151	1,024	900	779	686	623	597	598	588	563	522	475	434	400	382	373	386	406	422	442	450	457	465	480	495	504	520	528	535	549	555	546	532	500	468	425	408	422	0	0	0
Interest Expense Short Term Borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3	5	11	37	150	284	0	0	0
Long-term debt and other
1,799	1,905	1,914	1,875	1,801	1,656	1,538	1,456	1,390	1,333	1,260	1,185	1,126	1,107	1,103	1,097	1,116	1,148	1,194	1,249	1,296	1,334	1,379	1,423	1,456	1,516	1,589	1,656	1,706	1,746	1,763	1,771	1,781	1,792	1,816	1,837	1,864	1,877	1,845	1,808	1,771	1,745	1,971	2,170	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total interest expense
3,285	3,464	3,497	3,397	3,217	2,943	2,689	2,480	2,290	2,112	1,946	1,808	1,723	1,705	1,691	1,660	1,638	1,623	1,628	1,649	1,678	1,707	1,765	1,829	1,878	1,958	2,039	2,113	2,171	2,226	2,257	2,274	2,301	2,320	2,350	2,385	2,418	2,423	2,380	2,313	2,250	2,207	2,529	2,889	0	0	0
Net interest income
8,891	8,620	8,368	8,126	7,881	7,663	7,370	7,086	6,790	6,451	6,128	5,785	5,701	5,779	5,910	6,081	6,055	5,922	5,799	5,689	5,582	5,472	5,367	5,255	5,141	5,047	4,921	4,819	4,738	4,628	4,545	4,477	4,439	4,376	4,237	4,308	4,413	4,650	4,389	3,959	3,512	3,124	3,364	3,564	0	0	0
Total revenues net of interest expense
43,502	43,556	42,665	41,820	40,984	40,338	39,571	38,717	37,887	36,878	38,512	36,996	36,059	35,438	32,488	32,907	32,956	32,818	33,508	33,618	33,965	34,188	33,550	33,548	33,162	32,870	32,568	32,129	31,849	31,555	31,156	30,865	30,518	29,962	29,464	28,866	28,053	27,582	26,640	25,683	24,970	24,336	25,198	26,637	0	0	0
Provisions for credit losses
Card Member receivables
1,307	963	951	927	948	937	906	906	824	795	790	750	740	696	691	720	732	737	740	733	751	792	768	731	709	648	544	575	577	601	768	752	750	770	716	631	566	595	553	607	748	857	1,067	1,165	0	0	0
Card Member loans
3,813	2,462	2,411	2,367	2,292	2,266	2,183	2,154	2,030	1,868	1,676	1,464	1,345	1,235	1,192	1,182	1,182	1,190	1,170	1,126	1,123	1,138	1,087	1,070	1,122	1,115	1,102	1,118	1,061	1,030	902	686	585	253	141	355	719	1,527	2,050	2,777	3,540	4,266	4,664	5,212	0	0	0
Other
265	148	141	147	146	149	143	125	108	97	86	72	81	96	90	96	88	61	88	98	105	114	86	71	70	69	67	80	78	81	91	93	92	89	85	80	76	85	113	137	165	190	193	193	0	0	0
Total provisions for credit losses
5,385	3,573	3,503	3,441	3,386	3,352	3,232	3,185	2,962	2,760	2,552	2,286	2,166	2,027	1,973	1,998	2,002	1,988	1,998	1,957	1,979	2,044	1,941	1,872	1,901	1,832	1,713	1,773	1,716	1,712	1,761	1,531	1,427	1,112	942	1,066	1,361	2,207	2,716	3,521	4,453	5,313	5,924	6,570	0	0	0
Total revenues net of interest expense after provisions for credit losses
38,117	39,983	39,162	38,379	37,598	36,986	36,339	35,532	34,925	34,118	35,960	34,710	33,893	33,411	30,515	30,909	30,954	30,830	31,510	31,661	31,986	32,144	31,609	31,676	31,261	31,038	30,855	30,356	30,133	29,843	29,395	29,334	29,091	28,850	28,522	27,800	26,692	25,375	23,924	22,162	20,517	19,023	19,274	20,067	0	0	0
Expenses
Marketing and business development
7,244	7,114	6,986	6,810	6,700	6,470	6,185	5,989	5,782	5,722	7,991	7,475	6,807	6,249	3,337	3,254	3,227	3,109	3,104	3,040	3,238	3,216	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card Member rewards
10,380	10,439	10,233	10,019	9,800	9,696	9,442	9,210	8,973	8,687	9,209	8,607	8,177	7,819	6,829	7,026	7,059	6,996	7,083	7,015	6,989	6,931	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card Member services
2,128	2,222	2,166	2,065	1,918	1,777	1,665	1,559	1,484	1,392	1,268	1,195	1,135	1,100	1,087	1,078	1,039	1,018	975	911	861	822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing, promotion, rewards and Card Member services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,329	10,147	9,982	9,944	9,556	9,606	9,772	9,930	9,875	9,639	9,201	8,738	8,535	7,879	7,248	6,563	6,362	6,667	0	0	0
Salaries and employee benefits
5,884	5,911	5,582	5,433	5,346	5,250	5,392	5,307	5,320	5,258	5,029	5,027	5,185	5,259	5,261	5,210	5,009	4,976	5,374	5,452	5,860	6,095	5,977	6,231	6,116	6,191	6,612	6,584	6,577	6,597	6,224	6,306	6,365	6,252	6,285	6,041	5,761	5,566	5,192	5,099	5,154	5,080	5,349	5,583	0	0	0
Professional services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2,613	2,487	2,450	2,408	2,301	2,332	0	0	0
Other, net
5,558	5,868	5,921	5,926	5,836	5,671	5,566	5,665	5,698	5,634	5,729	5,768	4,892	4,942	5,612	5,749	6,814	6,793	6,265	6,226	5,939	6,089	6,278	6,373	6,734	6,796	7,077	6,922	6,987	6,851	7,753	7,719	6,620	5,712	6,167	5,295	5,184	5,107	2,136	1,971	2,116	2,131	2,304	2,671	0	0	0
Total expenses
31,194	31,554	30,888	30,253	29,600	28,864	28,250	27,730	27,257	26,693	29,226	28,072	26,196	25,369	22,126	22,317	23,148	22,892	22,801	22,644	22,887	23,153	22,863	23,172	23,074	23,150	24,018	23,653	23,546	23,392	22,125	22,223	22,094	21,894	21,837	21,186	20,248	19,411	18,476	17,436	16,968	16,182	16,316	17,253	0	0	0
Pretax income
6,923	8,429	8,274	8,126	7,998	8,122	8,089	7,802	7,668	7,425	6,734	6,638	7,697	8,042	8,389	8,592	7,806	7,938	8,709	9,017	9,099	8,991	8,746	8,504	8,187	7,888	6,837	6,703	6,587	6,451	7,270	7,111	6,997	6,956	6,685	6,614	6,444	5,964	0	0	0	-	-	-	-	-	-
OperatingIncomeLoss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Income tax provision
1,347	1,670	1,198	1,151	1,161	1,201	4,384	4,392	4,537	4,677	1,988	2,109	2,497	2,667	2,907	2,986	2,742	2,775	2,998	3,095	3,121	3,106	3,000	2,869	2,676	2,529	2,149	2,131	2,081	1,969	2,233	2,089	2,019	2,057	1,916	1,987	2,095	1,907	1,743	1,472	970	704	670	508	0	0	0
Net Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	0	0	-	2,137	2,288	2,306	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	-7	-59	-64	0	0	0
Net income
5,576	6,759	7,076	6,975	6,837	6,921	3,705	3,410	3,131	2,748	4,746	4,529	5,200	5,375	5,482	5,606	5,064	5,163	5,711	5,922	5,978	5,885	5,746	5,635	5,511	5,359	5,301	5,274	0	-	0	0	-	4,935	4,805	4,663	4,349	4,057	3,711	3,258	2,578	2,130	2,229	2,242	0	0	0
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
25,810	26,167	25,795	25,410	25,027	24,721	24,324	23,843	23,392	22,890	25,224	24,040	23,121	22,377	18,896	19,158	19,280	19,297	19,345	19,456	19,429	19,389	19,193	18,963	18,773	18,591	18,401	18,167	17,920	17,739	17,500	17,293	17,089	16,734	16,415	15,958	15,360	14,880	14,321	13,933	13,558	13,202	13,592	14,210	0	0	0
Net card fees [Member]
Non-interest revenues
4,208	4,042	3,862	3,699	3,555	3,441	3,329	3,245	3,172	3,090	3,030	2,991	2,935	2,886	2,848	2,780	2,732	2,700	2,684	2,685	2,705	2,712	2,714	2,692	2,652	2,631	2,606	2,581	2,549	2,506	2,470	2,459	2,457	2,448	2,589	2,494	2,401	2,321	2,117	2,128	2,140	2,151	2,143	2,147	0	0	0
Other fees and commissions [Member]
Non-interest revenues
3,214	3,297	3,253	3,226	3,175	3,153	3,143	3,100	3,060	2,990	2,854	2,793	2,749	2,718	2,780	2,813	2,838	2,866	3,904	3,819	3,716	3,626	2,510	2,478	2,459	2,414	2,366	2,337	2,307	2,317	2,291	2,314	2,323	2,269	2,236	2,147	2,060	2,031	1,950	1,883	1,825	1,778	1,913	2,055	0	0	0
Other [Member]
Non-interest revenues
1,379	1,430	1,387	1,359	1,346	1,360	1,405	1,443	1,473	1,457	1,276	1,387	1,553	1,678	2,054	2,075	2,051	2,033	2,803	2,892	2,956	2,989	2,248	2,256	2,238	2,274	2,349	2,325	2,409	2,425	2,399	2,356	2,242	2,164	2,059	2,028	1,977	1,927	1,935	1,881	2,065	2,090	2,122	2,251	0	0	0