American Express Reports Second Quarter EPS of $1.43, Up 13 Percent from a Year Ago; Revenues, Loans and Card Member Spending Increase; Gain from Business Travel Transaction Largely Reinvested in Business

NEW YORK,  July 29, 2014 -- 

American Express Company (NYSE: AXP) today reported second-quarter net income of $1.5 billion, up from $1.4 billion a year ago. Diluted earnings per share rose 13 percent to $1.43, from $1.27 a year ago.

American Express Reports Second Quarter EPS of $1.43, Up 13 Percent from a Year Ago; Revenues, Loans and Card Member Spending Increase; Gain from Business Travel Transaction Largely Reinvested in Business