10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2012 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Mar 8, 2013) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
Revenues | |||
Discount revenue earned from purchased cardmember receivables and loans | $ 543 | 435 | 443 |
Interest income from affiliates | 494 | 505 | 466 |
Interest income from investments | 8 | 6 | 32 |
Finance revenue | 43 | 38 | 39 |
Total revenues | 1,088 | 984 | 980 |
Expenses | |||
Provisions for losses | 143 | 80 | 128 |
Interest expense | 731 | 695 | 582 |
Interest expense to affiliates | 18 | 12 | 16 |
Service fees to affiliates | 0 | 0 | 1 |
Other, net | (92) | (152) | (71) |
Total expenses | 800 | 635 | 656 |
Pretax income | 288 | 349 | 324 |
Income tax benefit | (51) | (48) | (24) |
Net income | 339 | 397 | 348 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2012 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
Revenues | |||
Non-interest revenues | |||
Discount revenue | $ 17,739 | 16,734 | 14,880 |
Net card fees | 2,506 | 2,448 | 2,321 |
Travel commissions and fees | 1,940 | 1,971 | 1,773 |
Other commissions and fees | 2,317 | 2,269 | 2,031 |
Other | 2,452 | 2,164 | 1,927 |
Total non-interest revenues | 26,954 | 25,586 | 22,932 |
Interest income | |||
Interest on loans | 6,511 | 6,272 | 6,564 |
Interest and dividends on investment securities | 246 | 327 | 443 |
Deposits with banks and other | 97 | 97 | 66 |
Total interest income | 6,854 | 6,696 | 7,073 |
Interest expense | |||
Deposits | 480 | 528 | 546 |
Long-term debt and other | 1,746 | 1,792 | 1,877 |
Total interest expense | 2,226 | 2,320 | 2,423 |
Net interest income | 4,628 | 4,376 | 4,650 |
Total revenues net of interest expense | 31,582 | 29,962 | 27,582 |
Provisions for losses | |||
Charge card | 742 | 770 | 595 |
Cardmember loans | 1,149 | 253 | 1,527 |
Other | 99 | 89 | 85 |
Total provisions for losses | 1,990 | 1,112 | 2,207 |
Total revenues net of interest expense after provisions for losses | 29,592 | 28,850 | 25,375 |
Expenses | |||
Marketing, promotion, rewards and cardmember services | 9,971 | 9,930 | 8,738 |
Salaries and employee benefits | 6,597 | 6,252 | 5,566 |
Other, net | 6,573 | 5,712 | 5,107 |
Total | 23,141 | 21,894 | 19,411 |
Pretax income from continuing operations | 6,451 | 6,956 | 5,964 |
Income tax provision | 1,969 | 2,057 | 1,907 |
Income from continuing operations | 4,482 | 4,899 | 4,057 |
Income from discontinued operations | 0 | 36 | 0 |
Net income | 4,482 | 4,935 | 4,057 |
Earnings Per Share, Basic [Abstract] | |||
Income from continuing operations attributable to common shareholders | 3.91 | 4.11 | 3.37 |
Income from discontinued operations | 0.00 | 0.03 | 0.00 |
Net income attributable to common shareholders | 3.91 | 4.14 | 3.37 |
Earnings Per Share, Diluted [Abstract] | |||
Income from continuing operations attributable to common shareholders | 3.89 | 4.09 | 3.35 |
Income from discontinued operations | 0.00 | 0.03 | 0.00 |
Net income attributable to common shareholders | 3.89 | 4.12 | 3.35 |
Average common shares outstanding for earnings per common share: | |||
Basic | 1,135 | 1,178 | 1,188 |
Diluted | 1,141 | 1,184 | 1,195 |
External Links | |
AMERICAN EXPRESS CO (AXP) Fiscal Year 2012 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |