American Express Sinks Despite Strong Q3 as Provision Build Worries Some

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Go back to American Express Sinks Despite Strong Q3 as Provision Build Worries Some

American Express Third-Quarter Revenue Increased 24% To $13.6 Billion

October 21, 2022 7:00 AM EDT

Third-quarter Earnings Per Share Increased 9% To $2.47

Card Member Spending Up 21%, Driven By Continued Momentum Across Goods & Services And Travel & Entertainment Spending

Credit Metrics Reflect Strength Of Premium Customer Base

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today reported third-quarter net income of $1.9 billion, or $2.47 per share, compared with net income of $1.8 billion, or $2.27 per share, a year ago.

($ in millions, except per share amounts, and where indicated)

Quarters Ended

September... More