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American Express Company ( Amex) is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based ...
Moreover, Amex shares are cheaper than the S&P 500's P/E multiple of 23.8. I view this as a good time to consider adding the business to your portfolio. As Amex shares trade at a current price of ...
I bet few people would assume this was the case. Less than two weeks ago, American Express hit an all-time high after posting strong earnings yet again for the second quarter. The stock is down ...
Image source: American Express. During the quarter, American Express's net write-off rate on its card member loans and receivables was 2.1%, similar to the first quarter.
Alma mater. Manhattan College ( BA, MBA) Occupation (s) Chief Executive Officer, American Express. Stephen Squeri (born 1959 [ 1]) is the Chairman and CEO of American Express . He has been in the position since February 1, 2018. He became vice chairman of American Express in 2015 and was group president of Amex's global corporate services group ...
The front of an American Express Centurion card. The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. [1] [2] It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card. [3] [4] The firm does not disclose the exact requirements ...
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Another prominent bull case centers on American Express' fantastic financial performance. Between 2013 and 2023, revenue increased by 84%, with diluted earnings per share (EPS) soaring 130% during ...