American Express is among the world’s largest Consumer Finance sector businesses in the world. American Express’s employees generate $3.891B in profits on $27.979B of revenue. Global output in the Consumer Finance business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but American Express is determined to remain a market leader. Sectoral leadership in the Consumer Finance segment takes dedication and consistency, but management seeks out-sized growth.
American Express’s ticker symbol AXP has recently been trading near $61.40 a share. The American Express corporate headquarters in New York, NY predicts Consumer Finance profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $72.981B ensures sufficient liquidity. With a beta of 0.98, the company is less volatile than the market as a whole. When the average equity moves lower, American Express moves less aggressively.
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