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  • Previous Rank325
  • Revenues ($M)$34,441
  • Revenue Percent Change-4.3%
  • Profits ($M)$5,163
  • Profits Percent Change-12.3%
  • Assets ($M)$161,184
  • Employees54,800

One of the most storied brands in the financial services industry, American Express has fallen on hard times of late. In 2015, the company announced that it would be ending its 16-year exclusive relationship with mega-retailer Costco, a big hit considering 1 in 10 Amex cards were issued by the wholesaler. The firm has also had to reduce its prices to small merchants and beef up the rewards it offers its customers to hold its own in a highly competitive credit card landscape. Nonetheless, American Express was able to beat revenue estimates in the first quarter of 2016, in part on the strength of its loyal corporate business. Read more about American Express in The Last Days of Ken Chenault.

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Company Information

CEO
Kenneth I. Chenault
Sector
Financials
Industry
Diversified Financials
HQ Location
New York, NY
Employees54,800
Websitehttp://www.americanexpress.com
Years on Global 500 List22

American Express Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$34,441-4.3%
Profits ($M)$5,163-12.3%
Assets ($M)$161,184-
Total Stockholder Equity ($M)$20,673-

Profit Ratios

Profit as % of Revenues15%
Profits as % of Assets3.2%
Profits as % of Stockholder Equity25%