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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 29
American Express Co.'s net income rose 35.6%, to $1.2 billion, in the first quarter from a year earlier.
Its total revenue net of interest expense rose 6.1%, to $7 billion, the company announced Wednesday. Higher cardholder spending along with greater travel commissions and fees drove the revenue increase, which partially was offset by a drop in interest income caused by a lower loan yield, Amex said in its earnings release.
"Continued improvement in credit quality has strengthened our bottom line and provided additional resources to enhance premium products, expand reward offerings and build technology," Kenneth Chenault, Amex's chairman and chief executive, said in the release.
