American Express Q3 Profit Climbs to $3.712 Billion
American Express reported third-quarter earnings of $3.712 billion, or $5.42 per share, compared with $2.902 billion, or $4.14 per share, a year earlier.
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11:42:27 AM UTC
SquawkNews
American Express delivered record third-quarter revenue net of interest expense of $20.1 billion, a 9% increase year-over-year. Net card fees climbed 16% to $2.97 billion, reflecting increases in average fees per card from product refreshes and growth in premium card portfolios. Net interest income…
NEW YORK CITY (dpa-AFX) - American Express Co. (AXP) announced earnings for its third quarter that Increases, from last yearThe company's earnings totaled $3.712 billion, or $5.42 per share. This compares with $2.902 billion, or $4.14 per share, last year.Excluding items, American Express Co. repo…