Quantcast

AmEx quarterly profit rises 8.5%


Reuters


July 19 (Reuters) - Credit card issuer American Express Co reported an 8.5% rise in second-quarter profit on Friday, boosted by higher customer spending.

Net income rose to $1.76 billion, or $2.07 per share, in the quarter ended June 30, from $1.62 billion, or $1.84 per share, a year earlier, the company said (graphic).

Total revenue, excluding interest expense, rose 8.4% to $10.84 billion.






Referenced Symbols: AXP



More from Reuters

Subscribe







See Reuters News













Research Brokers before you trade

Want to trade FX?