The company recorded revenues of $29,115 million during the fiscal year ended December 2004, an increase of 12.7% over 2003. The increase was primarily attributable to record card member billings, reflecting increased cards-in-force and higher average card member spending, greater lending balances, strong travel sales and higher client assets under management. The net profit was $3445 million during fiscal year 2004, an increase of 15.3% over 2003.

ORDER THE FULL VERSION

To receive a complete and bespoke profile on American Express Company, including SWOT analysis, order the full profile for just $125. The full profile of American Express Company also contains details of the company's key executives and provides summary analysis of its major revenue lines and strategy.