Rising Revenue and Profit Margins American Express has consistently increased its revenue and ... BMO Capital believes the ...
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American Express (NYSE:AXP) (AXP) rose 4.2% after the financial services group reported a quarterly profit beat, helped by an acceleration in new card acquisitions during the latest quarter, yet it ...
American Express reported forecast-beating profits after its army of affluent cardholders increased their spending, with younger consumers, millennials and Generation Z leading the spree.
The jump in profits for AmEx came largely from ... As more customers keep a balance, AmEx is seeing some customers fall behind on payments. The company's charge-offs and 30-day delinquencies ...
But the price-weighted Dow Industrials rose, thanks in part to a climb in American Express, after the payments company reported first-quarter profit that was above expectations. Equities have ...
American Express Co. saw an acceleration in new card acquisitions during the latest quarter, and it recorded a profit beat for that period. “We continue to attract high-spending, high-credit ...