American Express Company (NYSE:AXP) was incorporated in 1850 and offers credit payment card products and travel related services around the globe. Based in New York, the company offers wide range of product and services which includes credit card products, expense management services, consumer and business travel packages, travelers cheques, prepaid products, network services, merchant acquisition, merchant processing, point of sale, consulting services and consumer loyalty rewards programs.
American Express Company (NYSE:AXP) is ranked 4th among 51 companies in its industry by market capitalization. The company maintains the return on equity of 28.46 percent which ranks it 6th among is industry peers. The company is also ranked 6th among its competitors by long term growth rate of 10.50 percent. American Express Company maintains the dividend yield of 1.40 percent as compared to highest dividend yield of 19.20 percent in its industry.
American Express Company (NYSE:AXP) generated the total revenue of $5.93 billion for the quarter ended June 30th, 2011 as compared to revenue of $5.13 billion for the same period last year. The company reported the net profit of $1.13 billion or earnings of $1.07 per share for the respective quarter as compared to net income of $1 billion or earnings of $0.84 per share last year.
The company’s total assets accumulated up to $148 billion. The company maintains total liabilities of $130 billion as compared to its total equity of $18 billion.Previous Post » Pfizer, General Electric and Home Depot plunge Heavily Taking Dow Jones to Negative Territory