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: 2015 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Mar 14, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues | |||
| Discount revenue earned from purchased Card Member receivables and loans | $ 479 | 502 | 547 |
| Interest income from affiliates and other | 246 | 384 | 414 |
| Finance revenue | 30 | 43 | 46 |
| Total revenues | 755 | 929 | 1,007 |
| Expenses | |||
| Provisions for losses | 165 | 202 | 148 |
| Interest expense | 350 | 496 | 590 |
| Interest expense to affiliates | 10 | 6 | 7 |
| Other, net | (22) | (93) | (88) |
| Total expenses | 503 | 611 | 657 |
| Pretax income | 252 | 318 | 350 |
| Income tax provision (benefit) | 38 | (35) | (96) |
| Net income | 214 | 353 | 446 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN EXPRESS CO | |||
Ticker: AXP Fiscal Year: 2015 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 19, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues | |||
| Non-interest revenues | |||
| Discount revenue | $ 19,297 | 19,389 | 18,591 |
| Net card fees | 2,700 | 2,712 | 2,631 |
| Travel commissions and fees | 349 | 1,118 | 1,913 |
| Other commissions and fees | 2,517 | 2,508 | 2,414 |
| Other | 2,033 | 2,989 | 2,274 |
| Total non-interest revenues | 26,896 | 28,716 | 27,823 |
| Interest income | |||
| Interest on loans | 7,309 | 6,929 | 6,718 |
| Interest and dividends on investment securities | 157 | 179 | 201 |
| Deposits with banks and other | 79 | 71 | 86 |
| Total interest income | 7,545 | 7,179 | 7,005 |
| Interest expense | |||
| Deposits | 475 | 373 | 442 |
| Long-term debt and other | 1,148 | 1,334 | 1,516 |
| Total interest expense | 1,623 | 1,707 | 1,958 |
| Net interest income | 5,922 | 5,472 | 5,047 |
| Total revenues net of interest expense | 32,818 | 34,188 | 32,870 |
| Provisions for losses | |||
| Provisions | 737 | 792 | 648 |
| Card member loans | 1,190 | 1,138 | 1,115 |
| Other | 61 | 114 | 69 |
| Total provisions for losses | 1,988 | 2,044 | 1,832 |
| Total revenues net of interest expense after provisions for losses | 30,830 | 32,144 | 31,038 |
| Expenses | |||
| Marketing and promotion | 3,109 | 3,216 | 2,939 |
| Card Member rewards | 6,996 | 6,931 | 6,457 |
| Card Member services and other | 1,018 | 822 | 767 |
| Salaries and employee benefits | 4,976 | 6,095 | 6,191 |
| Other,net | 6,793 | 6,089 | 6,796 |
| Total | 22,892 | 23,153 | 23,150 |
| Pretax income | 7,938 | 8,991 | 7,888 |
| Income tax provision | 2,775 | 3,106 | 2,529 |
| Net income attributable to common shareholders | 5,163 | 5,885 | 5,359 |
| Earnings per Common Share | |||
| Basic | 5.07 [1] | 5.58 | 4.91 |
| Diluted | 5.05 | 5.56 | 4.88 |
| Average common shares outstanding for earnings per common share: | |||
| Basic | 999 | 1,045 | 1,082 |
| Diluted | 1,003 | 1,051 | 1,089 |
| [1] Represents net income less ( i ) earnings allocated to participating share awards of $ 38 million, $ 46 million and $ 47 million for the years ended December 31, 2015 , 2014 and 2013 , respectively , and (ii) dividends on preferred shares of $ 62 million for the year ended December 31, 2015 , and nil f or the years ended December 31, 2014 and 2013 . | |||
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2015 | |
| 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 |