Early Access

10-QPeriod: Q3 FY2016

AMERICAN EXPRESS CO Quarterly Report for Q3 Ended Sep 30, 2016

Filed October 25, 2016For Securities:AXP

Summary

American Express Company (AXP) filed its quarterly report for the period ending September 29, 2016, with key financial statements and management's discussion and analysis. The report provides insights into the company's performance and financial position during the third quarter and the first nine months of 2016, compared to the prior year periods. Investors should pay close attention to revenue trends, profitability, credit metrics, and strategic initiatives highlighted in the filing. While specific financial figures require a deeper dive into the statements, the overall context of the filing indicates a period of performance assessment and strategic adjustments. The "Management's Discussion and Analysis" section is crucial for understanding the drivers behind the reported numbers, including any impacts from economic conditions, competitive landscape, and the company's response to these factors. Investors should look for commentary on business volumes, discount revenue, net interest income, and credit loss provisions to gauge the health of the core business and its risk profile.

Financial Statements
Beta
Operating Income$4.58B
Interest Expense$430.00M
Net Income$1.14B
EPS (Basic)$1.21
EPS (Diluted)$1.20
Shares Outstanding (Basic)920.00M
Shares Outstanding (Diluted)923.00M

Key Highlights

  • 1The filing includes unaudited Consolidated Statements of Income, Comprehensive Income, Balance Sheets, and Cash Flows for the relevant periods of 2016 and comparative data from 2015.
  • 2Management's Discussion and Analysis (MD&A) provides a narrative explanation of the financial results, trends, and significant factors affecting the company's performance.
  • 3Key performance indicators such as revenue growth, net income, earnings per share, and credit quality are likely detailed within the financial statements and MD&A.
  • 4The report addresses the company's financial condition, including its assets, liabilities, and equity as of September 30, 2016, and December 31, 2015.
  • 5Quantitative and Qualitative Disclosures about Market Risk offer insights into the company's exposure to interest rate, foreign currency, and other market risks.
  • 6Risk Factors section outlines potential challenges and uncertainties that could impact American Express's future financial performance.
  • 7Disclosure of Legal Proceedings and other relevant corporate information provides a comprehensive view of the company's operational and legal landscape.

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