AmEx Reports Record Income for 2nd Quarter

Share this article:
American Express Co., New York, this week reported record net income of $578 million for the second quarter, an increase of 11 percent, and saw earnings per share increase 15 percent to $1.24 per share on revenues of $4.76 billion.


Travel Related Services, which includes the consumer, business and international card services units, reported record quarterly net income of $360 million, an increase of 18 percent, on revenues of $3.27 billion. The gains were attributed to an increase in cards and higher spending per cardholder.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Opinions

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Opinions

App of the Week: Visme

App of the Week: Visme

Simplifying the process of creating professional presentations and infographics is Visme's mission.

App of the Week: ABUKAI Expenses

App of the Week: ABUKAI Expenses

ABUKAI Expenses eliminates the hassle of creating expense reports.

App of the Week: Adobe Voice

App of the Week: Adobe Voice

Adobe Voice aims to help create professional animated videos.