AllAnalyst Report
logoMorningstarJune 16, 2021

American Express Company: Fed Holds Rates Steady, Sees Rate Hikes Likely by 2023, Still Waiting on Tapering

Symbols
AXP
Sector(s)
Financial Services
Rating
Current Price
$173.18
Fair Value
Economic Moat
Stewardship
Summary

American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

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