X
<

American Express in 1H17: What Investors Need to Know

PART:
1 2 3 4 5 6 7 8 9 10
American Express in 1H17: What Investors Need to Know PART 1 OF 10

American Express’s Total Revenue Falls

Marginal decline

American Express (AXP) saw total revenue, net of interest expenses, of $16.2 billion in 1H17, compared with $16.3 billion in 1H16. The 1% fall was mainly due to the company’s other revenue being lower in 1H17 than 1H16.

American Express&#8217;s Total Revenue Falls

Interested in AXP? Don't miss the next report.

Receive e-mail alerts for new research on AXP

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

In 1H16, American Express reported other revenue of $1.0 billion, and in 1H17, the company reported other revenue of $848 million, reflecting a substantial 18% fall. This fall was primarily due to revenue the company generated from its GNS (global network services) partner. In 1H16, American Express generated revenue of $342 million from its GNS partner, compared with $306 million in 1H17.

However, the company’s total non-interest revenue fell between 1H16 and 1H17. In 1H17, American Express saw total non-interest revenue of $13.2 billion, compared with $13.3 billion in 1H16.

Expected net income

American Express’s expected net income for September 2017 is $1.3 billion. Other consumer financial companies (XLF) expect the following:

  • Visa (V): $2.0 billion
  • MasterCard (MA): $1.3 billion
  • Discover Financial Services (DFS): $0.58 billion

In this series, we’ll study American Express’s divisions, valuation, total expenses, analyst ratings, net interest income, and asset balances.

X

Please select a profession that best describes you: