American Express Co. Stock
American Express Co. Stock
Pros and Cons of American Express Co. in the next few years
Pros
Cons
Performance of American Express Co. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
American Express Co. | 0.210% | 4.447% | 5.062% | 61.361% | 41.576% | 72.272% | 125.760% |
Ally Financial Inc. | -0.860% | 5.578% | -18.837% | 17.852% | -0.776% | -30.078% | 0.352% |
Synchrony Financial | 0.610% | 9.026% | 6.400% | 51.995% | 31.758% | 10.702% | 48.393% |
Capital One Financial | -0.720% | 10.400% | 6.977% | 44.503% | 15.000% | 0.730% | 63.410% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financial performance of American Express (symbol: AXP) presents a mixture of strengths and challenges, reflecting a solid presence in the Banking Services industry. Over the past years, American Express has shown resilient growth, maintaining a robust revenue base and healthy profit margins, underscored by substantial liquidity. However, while the balance sheet numbers look promising, certain factors warrant a closer examination to get a comprehensive picture.
Strong Revenue and Profitability: The most recent income statement reported total revenue of approximately $60.4 billion, accompanied by a net income of $8.374 billion. This translates to a profit margin of around 16.93%, showcasing American Express's ability to efficiently convert sales into profits. The company's operating margin also remains at a healthy 21.08%, which is indicative of effective cost management.
Solid Growth Metrics: Year-over-year quarterly revenue growth of 8.7% demonstrates that American Express is expanding its market presence. Moreover, quarterly earnings growth of 43.6% indicates that the company has effectively leveraged its operations to boost profitability, even in a rapidly changing economic landscape.
Comments
News
American Express Plans Live Audio Webcast of Third Quarter 2024 Earnings Conference Call
American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, October 18, 2024, to discuss third quarter 2024 financial
American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information
American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants. The feature
American Express Announces Plans to Open a New, Nearly 16,000 Square Foot Centurion® Lounge at Salt Lake City International Airport in 2025
Today American Express (NYSE: AXP) announced plans to open a new Centurion® Lounge at Salt Lake City International Airport (SLC). American Express is the first credit card issuer to announce plans