Marcus Quigmire
In April-June 2025, the firm's revenue rose to an all-time high of $17.9 billion, up from $16.33 billion the previous year.
Net income fell to $2.89 billion from $3.02 billion the previous year. The per-share metric dropped to $4.08 from $4.15.
The profit from the Accertify division, which was sold afterward, was part of last year’s figure. Disregarding this data, earnings per share rose by 17%.
Analysts polled by FactSet estimated the company's revenue to be $17.7 billion, with net income projected at $3.89 per share on average.
According to the report, expenses on AmEx cards increased by 7% in the second quarter, totaling $416.3 billion.
Provisions for loan losses in April to June reached $1.4 billion, up from $1.3 billion during the same period last year.
source: marketwatch.com
Net income fell to $2.89 billion from $3.02 billion the previous year. The per-share metric dropped to $4.08 from $4.15.
The profit from the Accertify division, which was sold afterward, was part of last year’s figure. Disregarding this data, earnings per share rose by 17%.
Analysts polled by FactSet estimated the company's revenue to be $17.7 billion, with net income projected at $3.89 per share on average.
According to the report, expenses on AmEx cards increased by 7% in the second quarter, totaling $416.3 billion.
Provisions for loan losses in April to June reached $1.4 billion, up from $1.3 billion during the same period last year.
source: marketwatch.com