10-QPeriod: Q3 FY2015

AMERICAN EXPRESS CO Quarterly Report for Q3 Ended Sep 30, 2015

Filed October 28, 2015For Securities:AXP

Summary

This 10-Q filing for American Express Company (AXP) for the period ending September 29, 2015, reveals a mixed operational performance. While revenue streams showed some resilience, the company navigated a challenging credit environment and ongoing strategic adjustments. Investors should note the trends in cardholder spending and credit metrics, as these are core drivers of AXP's profitability. The company's ability to manage credit losses and expand its customer base remains paramount to its financial health and future growth prospects. Management's discussion and analysis will likely shed light on the specific factors influencing these results, including competition, regulatory changes, and macroeconomic conditions. Investors should pay close attention to the company's outlook and any forward-looking statements regarding its strategic initiatives and expected financial performance in the coming quarters.

Financial Highlights

36 data points
Beta

Net Income

$1.27B

EPS (Diluted)

$1.24

Total Assets

$154.00B

Free Cash Flow

$3.25B

Financial Statements
Beta
Operating Income$4.26B
Interest Expense$399.00M
Net Income$1.27B
EPS (Basic)$1.24
EPS (Diluted)$1.24
Shares Outstanding (Basic)994.00M
Shares Outstanding (Diluted)997.00M

Key Highlights

  • 1The report covers the financial performance for the three and nine months ended September 30, 2015.
  • 2Key financial statements include Consolidated Statements of Income, Comprehensive Income, Balance Sheets, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) section provides insights into the company's financial condition and results of operations.
  • 4Disclosures regarding market risk and controls and procedures are detailed in Items 3 and 4 of Part I.
  • 5Part II addresses legal proceedings, risk factors, unregistered sales of equity securities, and other relevant information.
  • 6The filing includes exhibits and signatures, concluding the report.
  • 7The period ending September 29, 2015, represents a snapshot of AXP's financial standing and operational performance during that quarter.

Frequently Asked Questions

The filing provides the Consolidated Statements of Income for the nine months ended September 30, 2015, and 2014. Investors should refer to page 2 of the document for detailed revenue, expense, and net income figures for this period, allowing for year-over-year comparison.

The Consolidated Balance Sheets as of September 30, 2015, and December 31, 2014, are presented on page 4. This will allow investors to assess the company's assets, liabilities, and equity at these two points in time, providing insights into its financial health and structure.

Item 1A, 'Risk Factors,' on page 79 of the filing, details the potential risks and uncertainties that could materially affect the company's business, financial condition, or results of operations. This section is crucial for understanding the challenges AXP may encounter.

Management's Discussion and Analysis of Financial Condition and Results of Operations, starting on page 34, provides a narrative explanation of the financial results. Investors should read this section to understand the business trends, the reasons behind the reported figures, and management's perspective on the company's performance.