AMERICAN EXPRESS CO (AXP)

American Express Co. is an integrated payments company, which engages in the provision of credit and charge cards to consumers, small businesses, mid-sized companies, and large corporations. It operates through the following segments: the United States Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), Global Merchant and Network Services (GMNS), and Corporate and Other. The USCS segment includes proprietary consumer cards and provides services to consumers including travel and lifestyle services as well as banking and non-card financing products. The CS segment offers proprietary corporate and small business cards and provides services to businesses including payment and expense management, banking, and non-card financing products. The ICS segment focuses on providing services to international customers including travel and lifestyle services and managing certain international joint ventures and loyalty coalition businesses. The GMNS segment is involved in operating a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services and data analytics. The Corporate and Other segment covers corporate functions and certain other businesses and operations. The company was founded by Henry Wells, William G. Fargo, and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.

Address

200 VESEY STREET
NEW YORK, NY 10285

Founded

1850

Number of Employees

74,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$1,152,277 $3,771,416 $2,909,671 $3,072,939 $867,264 $3,245,494 $989,960 $6,798,804 $1,857,870 $3,650,776 $3,052,442 $2,851,719
Average Price $90.57 $75.79 $60.55 $81.71 $104.47 $111.46 $122.09 $166.21 $159.34 $161.59 $225.39 $111.09
# Shares Purchased 12,722,446 49,761,238 48,055,654 37,606,923 8,301,775 29,117,885 8,108,283 40,905,123 11,660,122 22,593,366 13,542,951 25,670,524
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 186.0% 241.7% 327.8% 217.0% 147.9% 132.4% 112.1% 55.8% 62.6% 60.3% 14.9% 133.1%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 4.1% 68.8% 159.2% 87.2% 43.1% 39.3% 37.3% 24.2% 25.3% 29.0% 7.5% 39.2%
Quartile Rank
Percentile Rank 73% 80% 88% 84% 82% 80% 76% 80% 84% 88% 70% 88%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.