Summary
American Express Company (AXP) reported its financial results for the quarterly period ending September 30, 2013. The company's performance in the third quarter of 2013 and the first nine months of the year showed continued operational activity and financial positioning. Investors will want to focus on the key drivers of revenue, expense management, and overall profitability as presented in the consolidated statements of income and balance sheets. Key areas of interest include credit performance, spending volume on its cards, and the company's ability to generate revenue from its various business segments. The accompanying Management's Discussion and Analysis provides crucial context for understanding the financial trends and the company's outlook.
Financial Highlights
35 data points| Interest Expense | $484.00M |
| Net Income | $1.37B |
| EPS (Basic) | $1.26 |
| EPS (Diluted) | $1.25 |
| Shares Outstanding (Basic) | 1.07B |
| Shares Outstanding (Diluted) | 1.08B |
Key Highlights
- 1The report covers the quarterly period ended September 30, 2013, providing financial data for both the three and nine-month periods compared to 2012.
- 2Consolidated Statements of Income show revenue and expense figures, critical for understanding profitability trends.
- 3Consolidated Balance Sheets offer a snapshot of the company's assets, liabilities, and equity as of September 30, 2013, and December 31, 2012.
- 4Consolidated Statements of Cash Flows detail the company's cash generation and usage over the nine months ended September 30, 2013.
- 5The filing indicates American Express is a large accelerated filer, signifying its substantial market capitalization and reporting history.
- 6Management's Discussion and Analysis of Financial Condition and Results of Operations is a key section for investors to gain deeper insights into the company's performance drivers and strategic initiatives.