American Express 2011 Annual Report Download - page 2

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AMERICAN EXPRESS COMPANY
CONSOLIDATED FINANCIAL HIGHLIGHTS
Various forward-looking statements are made in this Annual Report, which generally include the words “believe,”
“expect,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,” “will,” “should,” “could,” “would,” “likely,” and
similar expressions. Certain factors that may aect these forward-looking statements, including American Express
Company’s ability to achieve its goals referred to herein, are discussed on page 50.
(Millions, except per share amounts, percentages and employees) 2011 2010 % INC/(DEC)
Total Revenues Net of Interest Expense $ 29,962 $ 27,582 9%
Income from Continuing Operations $ 4,899 $ 4,057 21%
Income from Discontinued Operations $ 36
—
#
Net Income $ 4,935 $ 4,057 22%
Return on Average Equity 27.7% 27.5%
Total Assets $ 153,337 $ 146,689 5%
Shareholders’ Equity $ 18,794 $ 16,230 16%
Diluted Income from Continuing Operations
Attributable to Common Shareholders $ 4.09 $ 3.35 22%
Diluted Income from Discontinued Operations $ 0.03
—
#
Diluted Net Income Attributable to
Common Shareholders $ 4.12 $ 3.35 23%
Cash Dividends Declared per Share $ 0.72 $ 0.72
—
Book Value per Share $ 16.15 $ 13.56 19%
Average Common Shares Outstanding for
Diluted Earnings per Common Share 1,184 1,195 (1)%
Common Share Cash Dividends Declared $ 856 $ 867 (1)%
Common Share Repurchases 48 14 #
Number of Employees 62,500 61,000 2%
# denotes a variance of more than 100%
TOTAL REVENUES
NET OF INTEREST EXPENSE
(in billions)
NET INCOME
(in billions)
RETURN ON AVERAGE EQUITY
1110090807
$27.5
$28.2
$24.3
$27.6
$30.0
10090807
37.3%
22.3%
14.6%
27. 5%
10090807
$4.0
$2.7
$ 2 . 1
$4 . 1