American Express Company · NYSE:AXP
American Express — Goldman Sachs U.S. Financial Services Conference 2017
16 slides from American Express's conference presentation, Dec 5, 2017
Slide 1: American Express Company at Goldman Sachs U.S. Financial Services Conference
American Express Company Goldman Sachs U.S. Financial Services Conference December 5, 2017
Slide 2: Assumptions that Materialized
Assumptions that Materialized Migration to plastic Information & Consolidation technology of U.S. issuance Payments Ecosystem Importance of Shift to partnerships & electronic rewards payments Emergence of online commerce 2
Slide 3: Unexpected Events
Unexpected Events Financial crisis Regulation & Cobrand pricing dynamics controls Payments industry Mobile & Network Social evolution platforms 3
Slide 4: Strategic Actions
Strategic Actions Enter the Small Launch first Launch Personal Shift cobrand Business space Cobrands Savings strategy Spin off Opening of Sale of Launch Amex Shearson AXP network AEB App Lehman 1990 1995 2000 2005 2010 2015 Shift to everyday Spin-off of AEFA to Partnerships with spend become Ameripr
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Slide 6: Network Model
Network Model Merchant Bank Issuers Acquirers Acquires maintain Banks issue cards relationship with Data to customers merchants Data Note: The trademarks, logos and service marks used on this slide and throughout this presentation are the property of their respective owners. 6
Slide 7: Integrated Closed Loop Model
Integrated Closed Loop Model Assets Capabilities Relationships Trusted Brand Marketing / Sales Diverse Customers Premium Positioning Risk Management Merchants Channels Data Analytics Corporate Clients Closed Loop Data and Information Servicing Business Partners Travel Netwo
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Slide 9: Two Year Game Plan
Two Year Game Plan Accelerate 2 Year Financial Revenue Framework Growth 2016 Adj. EPS Guidance* $5.40-$5.70 Optimize $5.93 Investments 2017 EPS Guidance At least $5.60 Reset Cost Base $5.80 - $5.90 *The company’s 2016 adjusted diluted earnings per share (EPS) guidance, a non-GAAP measure, excluded r
Slide 10: Leveraging our Resources
Leveraging our Resources Core Businesses Segments Products Geographies Assets Capabilities Relationships Trusted Brand Marketing / Sales Diverse Customers Premium Positioning Risk Management Merchants Channels Data Analytics Corporate Clients Closed Loop Data and Information Se
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Slide 12: Appendix
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Slide 13: Annex A
Annex A FY'16 EPS Range Outlook FY'16 EPS excluding the impact of Restructuring FY'16 EPS Range FY'16 Q3’16 GAAP EPS Outlook - including FY’16 Restructuring $5.12 $5.42 Reported EPS $5.65 Q1'16 Restructuring Charge per share (pre-tax) $0.08 $0.08 FY’16 Restructuring Charge (pre-tax) $0.43 Q2'16 Rest
Slide 14: Forward Looking Statements
Forward Looking Statements This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. The forward-looking statements, which address the Company’s expected business and financial perfo
Slide 15: Forward Looking Statements (cont'd)
Forward Looking Statements (cont’d) • the actual amount to be spent on marketing and promotion, which will be based in part on management’s assessment of competitive opportunities; overall business performance and changes in macroeconomic conditions; the actual amount of advertising and Card Member
Slide 16: Forward Looking Statements (cont'd)
Forward Looking Statements (cont’d) • the Company’s ability to attract and retain Card Members, including within the premium space, which will be impacted in part by competition, brand perceptions (including perceptions related to merchant coverage) and reputation and the ability of the Company to d
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