This blog is about Financial analysis of American Express. Detailed analysis is performed on various financial factors like its stakes, shares, bonds, debt etc.
Wednesday, 18 December 2013
American Express Company Description
American Express Company (AXP), founded in 1885, is a global financial services provider. Its key products include credit and charge cards, corporate and business cards, expense management, travel services, and stored value products and services. The company generated $31.6 billion in revenues during 2012. Its primary source of income is the discount revenue it charges on various cards. American Express’s business segments include US Card Services, International Card Services, Global Commercial Services, Global Network & Merchant Services, and Corporate and Other. The United States is the largest geographic segment of the company, while the Asia-Pacific is the region with the highest revenue growth. Read More: AXP
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