American Express Company · NYSE:AXP

American Express — Shareholder Meeting (May 2015)

12 slides from American Express's shareholder meeting presentation, May 11, 2015

  1. Slide 1: American Express Company 2015 Annual Shareholder Meeting

    American Express Company 2015 Annual Shareholder Meeting May 11, 2015

  2. Slide 2: Financial Performance

    Financial Performance ($ in billions; except per share amounts) FY'14 FY'14 FY'13 Inc/(Dec) Total Revenues Net of Interest Expense $34.2 $32.8 4% Adj. for FX, Business Travel JV and Concur* $33.5 $31.7 5% Diluted EPS† $5.56 $4.88 14% Adj. for Q2'14 BT JV Transaction and Concur** $5.46 12% Return on

  3. Slide 3: Metric Trends

    Metric Trends % increase/(decrease) vs. prior year 2012 2013 2014 Billed Business* 8% 7% 7% Billed Business FX Adjusted** 9% 8% 9% Card Member Loans 4% 3% 5% Worldwide Lending Write-off Rate† 2.1% 1.8% 1.5% *Card billed business includes activities (including cash advances) related to proprietary ca

  4. Slide 4: Adjusted Total Operating Expense Growth

    Adjusted Total Operating Expense Growth* % Increase/(decrease) vs. Prior year: 9% 9% 5% Revenue Growth <3% Annual Target 2% 0% 0% 2010 2011 2012 2013 2014 *The growth rate of adjusted total operating expenses, a non-GAAP measure, excludes Visa/MasterCard litigation settlement proceeds from 2010-2012

  5. Slide 5: Investment Outcomes

    Investment Outcomes Note: The trademarks, logos and service marks used on this slide and throughout this presentations are the property of their respective owners.

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  7. Slide 7: Q1 2015 Highlights

    Q1 2015 Highlights  EPS of $1.48, up 11%  Total Revenues down 3% (up 5% Adjusted for FX and Business Travel*)  Return on Average Equity of 29%  Worldwide Card Billings up 3% (7% FX Adjusted**)  Worldwide Card Member Loans up 4% (6% FX Adjusted**)  Global Net Write-off Rate: 1.5%***  Capital R

  8. Slide 8: Q1 Business Progress

    = Q1 Business Progress >! @ BRITISH AIRWAYS FORTUNE WORLD'S MOST ADMIRED COMPANIES =

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  10. Slide 10: Annex 1: Revenue Net of Interest Adjusted for FX, GBT and Concur

    Annex 1 Revenue Net of Interest Adjusted for FX, Global Business Travel and Concur ($ in millions) 2012 2013 2013 2014 Q1’14 Q1’15 for 2014 growth rate GAAP Revenue Net of Interest $31,463 $32,870 $32,870 $34,188 $8,173 $7,950 Global Business Travel Revenue Net of Interest* ($801) ($339) Gain on Sal

  11. Slide 11: Annex 2: EPS Adjusted for Global Business Travel and Concur

    Annex 2 EPS Adjusted for Global Business Travel and Concur ($ in millions) 2013 2014 GAAP Diluted EPS $4.88 $5.56 Net Impact of Q2'14 Global Business Travel Transaction* ~($0.05) Net Impact of Q4'14 Concur Sale** ~($0.05) Diluted EPS Excluding GBT and Concur $5.46 YoY% Increase/(Decrease) in GAAP Di

  12. Slide 12: Annex 3: Adjusted Total Operating Expense Growth

    Annex 3 Adjusted Total Operating Expense Growth ($ in millions) 2009 2010 2011 2012 2013 2013 2014 for 2014 growth rate GAAP Total Operating Expenses $9,980 $10,916 $12,243 $13,447 $12,987 $12,987 $12,184 Visa/MasterCard Settlement Payments $880 $880 $580 Restructuring Charges* ($400) ($446) Q2’14 G

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