Early Access

10-QPeriod: Q1 FY2016

AMERICAN EXPRESS CO Quarterly Report for Q1 Ended Mar 31, 2016

Filed April 27, 2016For Securities:AXP

Summary

American Express Company (AXP) filed its quarterly report for the period ending March 30, 2016, on April 26, 2016. This filing provides investors with key financial performance indicators and an overview of the company's operational and financial condition for the first quarter of 2016. Investors should pay close attention to the Consolidated Statements of Income, which detail revenue and profit generation, as well as the Consolidated Balance Sheets, offering insights into the company's assets, liabilities, and equity. The Management's Discussion and Analysis (MD&A) section is crucial for understanding the drivers behind the financial results, including any significant trends, risks, and strategic initiatives undertaken by American Express during the quarter. This report is essential for evaluating the company's performance relative to expectations and its industry peers, and for making informed investment decisions regarding AXP.

Financial Statements
Beta
Operating Income$1.43B
Interest Expense$425.00M
Net Income$1.43B
EPS (Basic)$1.45
EPS (Diluted)$1.45
Shares Outstanding (Basic)961.00M
Shares Outstanding (Diluted)963.00M

Key Highlights

  • 1The report covers the financial performance for the three months ended March 31, 2016, offering a snapshot of the company's results at the start of the fiscal year.
  • 2Key financial statements presented include the Consolidated Statements of Income, Comprehensive Income, Balance Sheets, and Cash Flows, providing a comprehensive view of financial health.
  • 3Management's Discussion and Analysis (MD&A) offers critical insights into the operational performance, financial condition, and future outlook, crucial for understanding the underlying business trends.
  • 4The filing includes information on Legal Proceedings and Risk Factors, which are important for assessing potential liabilities and strategic challenges facing the company.
  • 5Details on Unregistered Sales of Equity Securities and Use of Proceeds are provided, relevant for understanding share dilution and capital management.
  • 6The company is reporting under the SEC's Form 10-Q, indicating a standard quarterly financial disclosure.
  • 7The balance sheet data distinguishes between March 31, 2016, and December 31, 2015, allowing for a quarter-over-quarter comparison of financial position.

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