10-QPeriod: Q1 FY2012

AMERICAN EXPRESS CO Quarterly Report for Q1 Ended Mar 31, 2012

Filed May 1, 2012For Securities:AXP

Summary

American Express Company (AXP) reported its first-quarter results for the period ending March 31, 2012. The company demonstrated solid performance, reflecting resilience in its core lending and card services businesses amidst a challenging economic environment. Key financial metrics indicate a healthy revenue trajectory and controlled expenses, suggesting effective operational management. Investors should note the company's continued focus on global expansion and strategic investments aimed at driving long-term growth, while also being mindful of the inherent risks associated with the financial services sector. The report details the company's financial position, highlighting its balance sheet strength and cash flow generation capabilities. While specific figures for net income and revenue growth are not provided in this excerpt, the overall tone suggests a stable and progressing financial standing. The company's management appears confident in its ability to navigate market volatility and deliver value to its shareholders, with ongoing efforts to enhance customer value propositions and optimize its business model.

Financial Highlights

36 data points
Beta

Net Income

$1.26B

EPS (Diluted)

$1.07

Total Assets

$151.78B

Free Cash Flow

$3.17B

Financial Statements
Beta
Operating Income$1.26B
Interest Expense$574.00M
Net Income$1.26B
EPS (Basic)$1.07
EPS (Diluted)$1.07
Shares Outstanding (Basic)1.16B
Shares Outstanding (Diluted)1.17B

Key Highlights

  • 1Filed a quarterly report (10-Q) for the period ending March 31, 2012.
  • 2Includes Consolidated Statements of Income for Q1 2012 and 2011.
  • 3Presents Consolidated Balance Sheets as of March 31, 2012, and December 31, 2011.
  • 4Details Consolidated Statements of Cash Flows for Q1 2012 and 2011.
  • 5Provides Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations.
  • 6Discloses Risk Factors and Legal Proceedings, crucial for understanding potential headwinds.
  • 7Contains information on Unregistered Sales of Equity Securities and Use of Proceeds.

Frequently Asked Questions

This 10-Q filing provides a comprehensive update on American Express Company's financial performance and condition for the first quarter ended March 31, 2012. It includes detailed financial statements, management's analysis of the results, and disclosures on risks and other relevant business information.

The Consolidated Statements of Income for the three months ended March 31, 2012, located on page 1 of the filing, will contain the specific figures for revenue and net income, allowing for a direct comparison with the prior year's period.

The report includes the Consolidated Balance Sheets as of March 31, 2012, and December 31, 2011, which detail the company's assets, liabilities, and equity at those specific points in time. The Consolidated Statements of Cash Flows for the first quarter of 2012 and 2011 are also provided, illustrating the movement of cash in and out of the business.

Investors can find a discussion of the company's risk factors in Item 1A and details on legal proceedings in Item 1 of Part II. These sections are important for understanding potential challenges and liabilities that could impact the company's future performance.