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

The Best Birthdays Are Multichannel

The Best Birthdays Are Multichannel

The "best" birthday greetings aren't always the ones with the biggest deals.

Making Way for New Marketing Technology: Answers

Making Way for New Marketing Technology: Answers

The VP of marketing had backing from his CMO for new software, but the CIO had a different vision. How should he handle it? See how our readers would tackle ...

Becoming "Resource Full"

Becoming "Resource Full"

Stand out from the competition by being a go-to content source for buyers.