AMEI 3759 oo YOUR NAME magnez2 Investment Thesis I haven't covered American Express (NYSE:AXP) since late May, but overall shares have performed well, rising 7.72% (including dividends) compared to the market return of 5.77%. However, since my last write-up in May, the market seems to have become far more bearish on the US consumer, largely driven by concerns of consumer budgets tightening (from rising interest rates and high inflation). What I find interesting about this is that general Wall Street pessimi ...

LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- UNIPaaS, a leading Payment as a Service (PaaS) provider, has announced a new partnership with American Express that will enable more small and mediumsized businesses (SMBs) to offer their customers the option of paying invoices with Amex Cards through its platform. UNIPaaS powers Software as a Service (SaaS) platforms' payment services with a white-labelled, fully managed solution, allowing them to easily offer a unified and seamless acceptance of all relevant paym ...

MIAMI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), ("Intermex" or the "Company") a leading, omni-channel money remittance company, is pleased to announce the successful refinancing of its existing secured debt through the establishment of a new $425 million revolving credit facility. The new credit agreement provides for U.S. Dollar, Euro, and Pound Sterling revolving loans and creates an uncommitted incremental credit facility that may be used for additional term or ...

The credit card-focused bank pays out a lot of money to its shareholders. American Express (AXP -2.68%) is one of the largest financial institutions in the United States and like most large banks, pays a quarterly dividend. While its dividend yield of about 1.2%, as of this writing, doesn't exactly make it a "high dividend" stock, you might be surprised at how much money the company sends to its shareholders each year. How much will American Express pay out in dividends this year? Let's start with the short ...

B of A Securities analyst Kenneth Bruce downgraded American Express Co AXP from Buy to Neutral with a price target of $263. The stock price slid after the rerating. Given the potential for subdued billings volume growth and current premium valuation, Bruce sees limited incremental upside for the stock. Also Read: American Express Q2 Earnings: CEO Raises Annual Profit And Marketing Spend Outlook After Q2 Profit Beat While the analyst maintained a favorable view of American Express's long-term execution and s ...

The credit card giant continues to win among younger shoppers. Investors have underrated American Express (AXP 1.85%) for years. Competing payment networks Visa and Mastercard dominate the payments discussion and trade at premium valuations. And yet, over the past five years, American Express stock is actually outperforming both Visa and Mastercard. I bet few people would assume this was the case. Less than two weeks ago, American Express hit an all-time high after posting strong earnings yet again for the ...

Owning this business might be a good chance to gain exposure to the financial services industry. Known for its premium credit card offerings, American Express (AXP 1.85%) is a powerhouse in the financial services sector. And if you have any doubts about this being a quality enterprise, it's worth noting that Warren Buffett-led Berkshire Hathaway is a major investor, owning more than 21% of the business. American Express is taking a hit in the past few days. Should investors buy this financial stock while it ...

Eoneren American Express's Business Model The business model at American Express (NYSE:AXP) is quite simple. Suppose I have a credit card account with American Express. If I go shopping and buy $100 worth of goods, about $2.20 of that is charged at the checkout line is "discount revenue" that goes to American Express, which is the same thing as a "swipe fee", while the other $97.80 is paid to the merchant. A fraction of that $2.20 goes back to me in the form of credit card rewards, if applicable. American E ...

During the first six months of 2024, American Express reported revenue growth of 8%. In this same period, adjusted earnings per share soared 21%. Executives expect the top and bottom lines to be up double digits for the full year. This financial stock has performed remarkably well more recently, rising 65% since the start of last November. But before you buy shares in the hopes of riding the momentum, take a step back, and learn the key bull and bear cases for American Express. Investors must understand bot ...

This thriving financial stalwart's share price has doubled over the past five years. Operating a unique business model This unique setup means the company benefits in multiple ways nearly every time its cards are swiped. It earns annual fees ($2.1 billion in Q2) from cardholders, as well as interest income from consumers who maintain balances. And Amex collects what's known as discount revenue (accounting for 54% of its Q2 revenue, the most of any single source) from the merchants plugged into its system. T ...