10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2013 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Mar 11, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues | |||
| Discount revenue earned from purchased Card Member receivables and loans | $ 547 | 543 | 435 |
| Interest income from affiliates | 412 | 494 | 505 |
| Interest income from deposits | 2 | 8 | 6 |
| Finance revenue | 46 | 43 | 38 |
| Total revenues | 1,007 | 1,088 | 984 |
| Expenses | |||
| Provisions for losses | 148 | 143 | 80 |
| Interest expense | 590 | 731 | 695 |
| Interest expense to affiliates | 7 | 18 | 12 |
| Other, net | (88) | (92) | (152) |
| Total expenses | 657 | 800 | 635 |
| Pretax income | 350 | 288 | 349 |
| Income tax benefit | (96) | (51) | (48) |
| Net income | 446 | 339 | 397 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2013 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues | |||
| Non-interest revenues | |||
| Discount revenue | $ 18,695 | 17,739 | 16,734 |
| Net card fees | 2,631 | 2,506 | 2,448 |
| Travel commissions and fees | 1,913 | 1,940 | 1,971 |
| Other commissions and fees | 2,414 | 2,317 | 2,269 |
| Other | 2,274 | 2,425 | 2,164 |
| Total non-interest revenues | 27,927 | 26,927 | 25,586 |
| Interest income | |||
| Interest on loans | 6,718 | 6,511 | 6,272 |
| Interest and dividends on investment securities | 201 | 246 | 327 |
| Deposits with banks and other | 86 | 97 | 97 |
| Total interest income | 7,005 | 6,854 | 6,696 |
| Interest expense | |||
| Deposits | 442 | 480 | 528 |
| Long-term debt and other | 1,516 | 1,746 | 1,792 |
| Total interest expense | 1,958 | 2,226 | 2,320 |
| Net interest income | 5,047 | 4,628 | 4,376 |
| Total revenues net of interest expense | 32,974 | 31,555 | 29,962 |
| Provisions for losses | |||
| Charge card | 789 | 742 | 770 |
| Card Member loans | 1,229 | 1,149 | 253 |
| Other | 92 | 99 | 89 |
| Total provisions for losses | 2,110 | 1,990 | 1,112 |
| Total revenues net of interest expense after provisions for losses | 30,864 | 29,565 | 28,850 |
| Expenses | |||
| Marketing, promotion, rewards and Card Member services | 10,267 | 9,944 | 9,930 |
| Salaries and employee benefits | 6,191 | 6,597 | 6,252 |
| Other, net | 6,518 | 6,573 | 5,712 |
| Total | 22,976 | 23,114 | 21,894 |
| Pretax income from continuing operations | 7,888 | 6,451 | 6,956 |
| Income tax provision | 2,529 | 1,969 | 2,057 |
| Income from continuing operations | 5,359 | 4,482 | 4,899 |
| Income from discontinued operations, net of tax | 0 | 0 | 36 |
| Net income | 5,359 | 4,482 | 4,935 |
| Earnings per Common Share Basic: (Note 18) | |||
| Income from continuing operations attributable to common shareholders | 4.91 | 3.91 | 4.11 |
| Income from discontinued operations | 0.00 | 0.00 | 0.03 |
| Net income attributable to common shareholders | 4.91 | 3.91 | 4.14 |
| Earnings per Common Share Diluted: (Note 18) | |||
| Income from continuing operations attributable to common shareholders | 4.88 | 3.89 | 4.09 |
| Income from discontinued operations | 0.00 | 0.00 | 0.03 |
| Net income attributable to common shareholders | 4.88 | 3.89 | 4.12 |
| Average common shares outstanding for earnings per common share: | |||
| Basic | 1,082 | 1,135 | 1,178 |
| Diluted | 1,089 | 1,141 | 1,184 |
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2013 | |
| 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 |