American Express' Robust Revenue Growth

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Decoding American Express Co (AXP): A Strategic SWOT Insight

Summary

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86% Informative

American Express Co (NYSE:AXP ) released its latest 10 -Q filing on October 18, 2024 , revealing a company that continues to solidify its position as a global financial powerhouse.

The filing indicates a year-over-year increase in total revenues net of interest expense from $15,381 million to $16,636 million for the three months ended September 30, 2024 .

This growth is underpinned by a rise in non-interest revenues, including discount revenue, net card fees, and service fees.

The company's financial health is a testament to its operational efficiency and strategic initiatives.

Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus ..

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English

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