Market Summary
USD145.83-3.65
Delayedas of 03 Oct 2023, 01:12 pm-2.44%
AXP Stock Price
AXP RSI Chart
AXP Valuation
AXP Price/Sales (Trailing)
AXP Profitability
AXP Fundamentals
AXP Revenue
AXP Earnings
Price Action
52 Week Range
130.65182.15
(Low)(High)
Last 7 days
-2.4%
Last 30 days
-6.3%
Last 90 days
-14.5%
Trailing 12 Months
11.2%
AXP Financial Health
AXP Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for AXP
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-07-30 | Marquez Rafael | acquired | 2,910,240 | 165 | 17,592 | president, international card |
2023-07-30 | Marquez Rafael | sold (taxes) | -1,367,940 | 165 | -8,269 | president, international card |
2023-07-30 | Grosfield Howard | sold (taxes) | -1,609,470 | 165 | -9,729 | president, u.s. consumer serv |
2023-07-30 | Grosfield Howard | acquired | 2,910,240 | 165 | 17,592 | president, u.s. consumer serv |
2023-05-19 | Herena Monique | acquired | 3,007,700 | 131 | 22,841 | chief colleague experience off |
2023-05-19 | Herena Monique | sold | -3,491,020 | 152 | -22,841 | chief colleague experience off |
2023-04-30 | Lieberman Quinn Jessica | acquired | 184,412 | 161 | 1,143 | evp - controller |
2023-04-30 | Lieberman Quinn Jessica | sold (taxes) | -102,128 | 161 | -633 | evp - controller |
2023-03-08 | Grosfield Howard | sold | -952,187 | 174 | -5,456 | president, u.s. consumer serv |
2023-03-03 | Buckminster Douglas E. | gifted | - | - | -1,500 | vice chairman |
Which funds bought or sold AXP recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | DecisionPoint Financial, LLC | unchanged | - | 2,543 | 47,905 | 0.03% |
2023-09-26 | BROOKFIELD Corp /ON/ | reduced | -26.31 | -2,038,760 | 7,154,570 | 0.03% |
2023-09-26 | M Holdings Securities, Inc. | reduced | -56.89 | -566,000 | 473,000 | 0.10% |
2023-09-21 | Jefferies Group LLC | new | - | 538,156 | 538,156 | -% |
2023-09-21 | Baystate Wealth Management LLC | added | 21.75 | 27,447 | 123,920 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 66.53 | 127,540,000 | 295,632,000 | 0.19% |
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | reduced | -6.76 | -65,639 | 4,231,140 | 1.77% |
2023-09-18 | WASHINGTON CAPITAL MANAGEMENT, INC | unchanged | - | 17,223 | 324,360 | 0.28% |
2023-09-14 | Proquility Private Wealth Partners, LLC | sold off | -100 | -854,441 | - | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 14.26 | 23,224 | 135,380 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of American Express
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 6.33% | 47,283,954 | SC 13G/A | |
| Feb 06, 2023 | blackrock inc. | 6.1% | 45,475,040 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 6.02% | 46,602,078 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 5.9% | 45,902,704 | SC 13G/A | |
| Feb 04, 2022 | wellington management group llp | 3.68% | 28,542,129 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 5.84% | 46,991,849 | SC 13G/A | |
| Feb 04, 2021 | wellington management group llp | 5.17% | 41,650,506 | SC 13G | |
| Jan 29, 2021 | blackrock inc. | 5.8% | 46,448,671 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 6.04% | 49,438,168 | SC 13G/A | |
| Feb 05, 2020 | blackrock inc. | 5.3% | 42,967,159 | SC 13G/A |
Recent SEC filings of American Express
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 15, 2023 | 8-K | Current Report | |
| Sep 01, 2023 | SC 13G | Major Ownership Report | |
| Aug 18, 2023 | 3 | Insider Trading | |
| Aug 15, 2023 | 8-K | Current Report | |
| Aug 01, 2023 | 4 | Insider Trading | |
| Aug 01, 2023 | 4 | Insider Trading | |
| Jul 28, 2023 | 8-K | Current Report | |
| Jul 28, 2023 | 8-K | Current Report | |
| Jul 27, 2023 | 424B2 | Prospectus Filed | |
| Jul 27, 2023 | 424B2 | Prospectus Filed |
AXP Fair Value
Loading...
Peers (Alternatives to American Express)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AXP | 110.0B | 45.6B | -6.35% | 11.22% | 14.79 | 2.41 | 15.43% | -2.20% |
COF | 36.3B | 37.3B | -8.10% | 3.81% | 5.42 | 0.97 | 36.81% | 21.78% |
DFS | 27.5B | 15.6B | -1.34% | 1.01% | 6.66 | 1.94 | 40.78% | -13.21% |
SYF | 12.7B | 18.6B | -7.01% | 8.42% | 5.18 | 0.68 | 16.17% | -33.60% |
| MID-CAP | ||||||||
ALLY | 7.7B | 12.6B | -11.33% | -6.81% | 6.33 | 0.62 | 37.06% | -51.02% |
CACC | 5.9B | 1.9B | -8.39% | 4.29% | 17.44 | 3.16 | 0.25% | -57.46% |
OMF | 4.7B | 4.5B | -7.23% | 36.42% | 7.27 | 1.06 | 0.52% | -38.79% |
SLM | 3.2B | 2.4B | -7.65% | -3.36% | 8.46 | 1.34 | 29.49% | -55.68% |
NAVI | 2.1B | 4.1B | -6.11% | 16.07% | 5.46 | 0.52 | 55.87% | -35.18% |
| SMALL-CAP | ||||||||
GDOT | 715.5M | 1.5B | -9.35% | -27.98% | 15.17 | 0.49 | 2.42% | -6.49% |
LC | 655.4M | 742.9M | -13.98% | -45.43% | 3.87 | 0.88 | 21.30% | 1459.12% |
CPSS | 188.5M | 341.3M | -5.31% | 22.56% | 2.8 | 0.55 | 15.96% | -14.87% |
MFIN | 158.5M | 223.8M | -18.09% | -2.14% | 3.06 | 0.71 | 27.93% | -13.85% |
ELVT | 58.4M | - | 3.31% | -43.33% | -0.86 | 0.52 | - | - |
CURO | 43.6M | 850.0M | -17.19% | -73.57% | -0.16 | 0.05 | -17.33% | -192.21% |
American Express News
Returns for AXP
Cumulative Returns on AXP
8.6%
10-Year Cumulative Returns
14.4%
7-Year Cumulative Returns
7.9%
5-Year Cumulative Returns
14.8%
3-Year Cumulative Returns
Risks for AXP
What is the probability of a big loss on AXP?
40.8%
Probability that American Express stock will be more than 20% underwater in next one year
26.9%
Probability that American Express stock will be more than 30% underwater in next one year.
18.5%
Probability that American Express stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AXP drawdown profile look like?
Y-axis is the maximum loss one would have experienced if American Express was unfortunately bought at previous high price.
Drawdowns
Financials for American Express
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 2.0% | 45,643 | 44,729 | 42,967 | 41,586 | 39,542 | 36,932 | 34,630 | 32,047 | 29,990 | 27,356 | 28,102 | 29,729 | 31,638 | 34,611 | 34,936 | 34,297 | 33,694 | 33,103 | 32,675 | 32,201 | 31,631 |
| EBITDA | -100.0% | - | 21,347 | 21,106 | 20,892 | 20,328 | 20,198 | 20,134 | 19,484 | 18,240 | 15,950 | 13,824 | 14,216 | 15,343 | 17,042 | 18,237 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.48* | 0.49* | 0.50* | 0.51* | 0.55* | 0.58* | 0.61* | 0.61* | 0.58* | 0.49* | 0.48* | 0.48* | 0.49* | 0.52* | - | - | - | - | - | - |
| Interest Expenses | 7.0% | 11,424 | 10,679 | 9,895 | 9,245 | 8,661 | 8,119 | 7,750 | 7,539 | 7,419 | 7,485 | 7,985 | 8,372 | 8,701 | 8,891 | 8,620 | 8,368 | 8,126 | 7,881 | 7,663 | 7,370 | 7,086 |
| Earnings Before Taxes | 2.1% | 9,231 | 9,040 | 9,585 | 10,020 | 10,011 | 10,408 | 10,689 | 10,241 | 9,155 | 6,837 | 4,296 | 4,424 | 5,326 | 6,923 | 8,429 | 8,274 | 8,126 | 7,998 | 8,122 | 8,089 | 7,802 |
| EBT Margin | -100.0% | - | 0.20* | 0.22* | 0.24* | 0.25* | 0.28* | 0.31* | 0.32* | 0.31* | 0.25* | 0.15* | 0.15* | 0.17* | 0.20* | 0.24* | - | - | - | - | - | - |
| Net Income | 2.9% | 7,441 | 7,231 | 7,514 | 7,661 | 7,608 | 7,924 | 8,060 | 7,779 | 7,026 | 5,003 | 3,135 | 3,390 | 4,072 | 5,576 | 6,759 | 7,076 | 6,975 | 6,837 | 6,921 | 3,705 | 3,410 |
| Net Income Margin | -100.0% | - | 0.16* | 0.17* | 0.18* | 0.19* | 0.21* | 0.23* | 0.24* | 0.23* | 0.18* | 0.11* | 0.11* | 0.13* | 0.16* | 0.19* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 15,054 | 19,224 | 15,842 | 15,479 | 14,567 | 13,095 | 11,622 | 9,747 | 8,628 | 4,113 | 3,814 | 572 | 1,234 | 11,987 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 3.8% | 244,904 | 235,842 | 228,354 | 214,915 | 205,000 | 196,000 | 189,000 | 184,000 | 187,000 | 193,000 | 191,000 | 187,000 | 189,000 | 186,000 | 198,000 | 194,000 | 198,000 | 197,000 | 189,000 | 189,000 | 185,000 |
| Cash Equivalents | 2.2% | 41,727 | 40,836 | 33,370 | 31,182 | 25,191 | 27,678 | 21,503 | 27,916 | 30,796 | 40,280 | 32,965 | 35,627 | 42,103 | 38,608 | 24,446 | 25,354 | 27,332 | 33,631 | 27,808 | 31,262 | 31,262 |
| Net PPE | -0.5% | 5,177 | 5,204 | 5,215 | 5,095 | 5,093 | 5,046 | 4,988 | 4,960 | 4,891 | 4,943 | 5,015 | 4,835 | 4,829 | 4,798 | 4,834 | 4,715 | 4,658 | 4,479 | 4,416 | 4,295 | 4,251 |
| Liabilities | 4.0% | 218,201 | 209,850 | 203,643 | 190,975 | 182,063 | 173,479 | 166,371 | 159,835 | 161,434 | 168,618 | 168,383 | 165,390 | 167,546 | 165,054 | 175,250 | 171,159 | 174,511 | 174,975 | 166,312 | 167,632 | 163,969 |
| Short Term Borrowings | -8.2% | 1,583 | 1,724 | 1,348 | 1,515 | 1,984 | 2,122 | 2,243 | 2,253 | 1,864 | 1,578 | 1,878 | 1,716 | 1,567 | 3,497 | 6,442 | 2,818 | 2,827 | 2,028 | 3,100 | 2,292 | 1,972 |
| Long Term Debt | 13.6% | 46,725 | 41,138 | 42,573 | 42,393 | 40,495 | 38,337 | 38,675 | 34,483 | 37,363 | 42,019 | 42,952 | 44,777 | 48,797 | 52,588 | 57,835 | 58,474 | 57,736 | 58,418 | 58,423 | 55,300 | 55,883 |
| Shareholder's Equity | 2.7% | 26,703 | 25,992 | 24,711 | 23,940 | 23,235 | 22,383 | 22,177 | 24,426 | 25,539 | 24,449 | 22,984 | 21,869 | 21,062 | 21,006 | 23,071 | 23,025 | 23,092 | 22,218 | 22,290 | 21,460 | 20,892 |
| Retained Earnings | 4.0% | 18,130 | 17,427 | 16,279 | 15,685 | 14,751 | 13,754 | 13,474 | 14,832 | 16,402 | 15,308 | 13,837 | 12,762 | 12,052 | 12,161 | 13,871 | 13,652 | 13,551 | 12,686 | 12,499 | 11,521 | 10,896 |
| Additional Paid-In Capital | -0.1% | 11,509 | 11,522 | 11,493 | 11,482 | 11,476 | 11,451 | 11,495 | 12,401 | 11,858 | 11,878 | 11,881 | 11,818 | 11,760 | 11,680 | 11,774 | 11,869 | 11,980 | 11,963 | 12,218 | 12,272 | 12,306 |
| Accumulated Depreciation | 3.5% | 10,594 | 10,233 | 9,850 | 9,519 | 9,191 | 8,907 | 8,602 | 8,371 | 8,084 | 7,800 | 7,540 | 7,470 | 7,131 | 6,799 | 6,562 | 6,681 | 6,581 | 6,315 | 6,015 | 6,116 | 5,917 |
| Shares Outstanding | -0.9% | 736 | 743 | 743 | 747 | 752 | 757 | 761 | 786 | 801 | 804 | 805 | 804 | 804 | 807 | 810 | 825 | 834 | 841 | 847 | 858 | 860 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -2.0% | 16,486 | 16,822 | 21,079 | 17,655 | 17,319 | 16,245 | 14,645 | 13,137 | 11,145 | 10,090 | 5,591 | 5,287 | 2,066 | 2,866 | 13,632 | 9,184 | 15,311 | 15,414 | 8,930 | 15,141 | 14,352 |
| Share Based Compensation | 8.1% | 425 | 393 | 375 | 356 | 345 | 354 | 330 | 330 | 323 | 304 | 249 | 241 | 236 | 241 | 283 | 270 | 285 | 284 | 283 | 300 | 284 |
| Cashflow From Investing | 14.5% | -27,632 | -32,316 | -33,689 | -34,237 | -27,930 | -18,080 | -10,529 | -4,764 | -8,505 | -5,521 | 11,632 | 11,734 | 15,938 | 7,929 | -16,707 | -16,696 | -21,733 | -21,631 | -19,615 | -23,716 | -22,477 |
| Cashflow From Financing | -2.3% | 27,917 | 28,573 | 24,509 | 19,298 | 5,701 | -10,861 | -14,933 | -15,984 | -13,704 | -3,189 | -9,068 | -6,959 | -3,755 | -5,854 | -519 | 1,298 | 2,322 | 7,967 | 5,101 | 11,523 | 8,506 |
| Dividend Payments | 3.3% | 1,679 | 1,625 | 1,565 | 1,518 | 1,477 | 1,430 | 1,448 | 1,452 | 1,449 | 1,454 | 1,474 | 1,486 | 1,469 | 1,450 | 1,422 | 1,402 | 1,381 | 1,355 | 1,324 | 1,296 | 1,276 |
| Buy Backs | 15.2% | 2,590 | 2,248 | 3,502 | 5,833 | 8,516 | 8,709 | 7,652 | 6,241 | 2,794 | 2,052 | 1,029 | - | - | - | - | - | - | - | - | 2,130 | 2,671 |
AXP Income Statement
2023-06-30Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |||||||||
| Non-interest revenues | ||||||||||||
| Non-interest revenues | $ 11,949 | $ 11,035 | $ 23,247 | $ 20,571 | ||||||||
| Interest income | ||||||||||||
| Interest on loans | 4,213 | 2,707 | 8,152 | 5,180 | ||||||||
| Interest and dividends on investment securities | 34 | 22 | 64 | 35 | ||||||||
| Deposits with banks and other | 528 | 70 | 975 | 104 | ||||||||
| Total interest income | 4,775 | 2,799 | 9,191 | 5,319 | ||||||||
| Interest expense | ||||||||||||
| Deposits | 1,196 | 187 | 2,190 | 309 | ||||||||
| Long-term debt and other | 474 | 252 | 913 | 451 | ||||||||
| Total interest expense | 1,670 | 439 | 3,103 | 760 | ||||||||
| Net interest income | 3,105 | 2,360 | 6,088 | 4,559 | ||||||||
| Total revenues net of interest expense | 15,054 | 13,395 | 29,335 | 25,130 | ||||||||
| Provisions for credit losses | ||||||||||||
| Total provisions for credit losses | 1,198 | 410 | 2,253 | 377 | ||||||||
| Total revenues net of interest expense after provisions for credit losses | 13,856 | 12,985 | 27,082 | 24,753 | ||||||||
| Expenses | ||||||||||||
| Card Member rewards | 3,956 | 3,591 | 7,722 | 6,702 | ||||||||
| Business development | 1,388 | 1,404 | 2,781 | 2,447 | ||||||||
| Card Member services | 949 | 678 | 1,932 | 1,304 | ||||||||
| Marketing | 1,408 | 1,502 | 2,749 | 2,726 | ||||||||
| Salaries and employee benefits | 1,875 | 1,816 | 3,889 | 3,470 | ||||||||
| Other, net | 1,546 | 1,451 | 3,108 | 2,849 | ||||||||
| Total expenses | 11,122 | 10,442 | 22,181 | 19,498 | ||||||||
| Pretax income | 2,734 | 2,543 | 4,901 | 5,255 | ||||||||
| Income tax provision | 560 | 579 | 911 | 1,192 | ||||||||
| Net income | $ 2,174 | $ 1,964 | $ 3,990 | $ 4,063 | ||||||||
| Earnings per Common Share | ||||||||||||
| Basic (in dollars per share) | $ 2.89 | [1] | $ 2.57 | [1] | $ 5.30 | [2] | $ 5.30 | [2] | ||||
| Diluted (in dollars per share) | $ 2.89 | [1] | $ 2.57 | [1] | $ 5.29 | [2] | $ 5.30 | [2] | ||||
| Average common shares outstanding for earnings per common share: | ||||||||||||
| Basic (in shares) | 740 | 752 | 741 | 755 | ||||||||
| Diluted (in shares) | 741 | 753 | 742 | 756 | ||||||||
| Card Member Receivables | ||||||||||||
| Provisions for credit losses | ||||||||||||
| Total provisions for credit losses | $ 230 | $ 138 | $ 452 | $ 218 | ||||||||
| Card Member Loans | ||||||||||||
| Provisions for credit losses | ||||||||||||
| Total provisions for credit losses | 923 | 272 | 1,709 | 161 | ||||||||
| Other | ||||||||||||
| Provisions for credit losses | ||||||||||||
| Total provisions for credit losses | 45 | 0 | 92 | (2) | ||||||||
| Discount revenue | ||||||||||||
| Non-interest revenues | ||||||||||||
| Non-interest revenues | 8,481 | 7,873 | 16,428 | 14,708 | ||||||||
| Net card fees | ||||||||||||
| Non-interest revenues | ||||||||||||
| Non-interest revenues | 1,789 | 1,481 | 3,502 | 2,904 | ||||||||
| Service fees and other revenue | ||||||||||||
| Non-interest revenues | ||||||||||||
| Non-interest revenues | 1,232 | 1,265 | 2,450 | 2,171 | ||||||||
| Processed revenue | ||||||||||||
| Non-interest revenues | ||||||||||||
| Non-interest revenues | $ 447 | $ 416 | $ 867 | $ 788 | ||||||||
| ||||||||||||
AXP Balance Sheet
2023-06-30Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Cash and cash equivalents | ||
| Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2023, $5; 2022, $5) | $ 3,379 | $ 5,510 |
| Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2023, $314; 2022, $318) | 38,869 | 28,097 |
| Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2023, $663; 2022, $54) | 710 | 307 |
| Total cash and cash equivalents | 42,958 | 33,914 |
| Investment securities | 4,087 | 4,578 |
| Premises and equipment, less accumulated depreciation and amortization: 2023, $10,594; 2022, $9,850 | 5,177 | 5,215 |
| Other assets, less reserves for credit losses: 2023, $24; 2022, $22 | 18,224 | 17,689 |
| Total assets | 244,904 | 228,354 |
| Liabilities | ||
| Customer deposits | 122,756 | 110,239 |
| Accounts payable | 12,359 | 12,133 |
| Short-term borrowings | 1,583 | 1,348 |
| Long-term debt (includes debt issued by consolidated variable interest entities: 2023, $14,789; 2022, $12,662) | 46,725 | 42,573 |
| Other liabilities | 34,778 | 37,350 |
| Total liabilities | 218,201 | 203,643 |
| Contingencies (Note 7) | ||
| Shareholders’ Equity | ||
| Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of June 30, 2023 and December 31, 2022 | 0 | 0 |
| Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 736 million shares as of June 30, 2023 and 743 million shares as of December 31, 2022 | 148 | 149 |
| Additional paid-in capital | 11,509 | 11,493 |
| Retained earnings | 18,130 | 16,279 |
| Accumulated other comprehensive income (loss) | (3,084) | (3,210) |
| Total shareholders’ equity | 26,703 | 24,711 |
| Total liabilities and shareholders’ equity | 244,904 | 228,354 |
| Card Member Receivables | ||
| Cash and cash equivalents | ||
| Financing receivables, net | 58,011 | 57,384 |
| Card Member Loans | ||
| Cash and cash equivalents | ||
| Financing receivables, net | 110,212 | 104,217 |
| Other Loans | ||
| Cash and cash equivalents | ||
| Financing receivables, net | $ 6,235 | $ 5,357 |
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.