Amex CFO Jeff Campbell told analysts that while card member spending grew, so did the costs of rewarding those well-heeled cardholders to keep them in the Amex boat. He also made it clear that Costco is increasingly in their rearview mirror as lending offers a...
With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.
July 20, 2017
Amex CFO Jeff Campbell told analysts that while card member spending grew, so did the costs of rewarding those well-heeled cardholders to keep them in the Amex boat. He also made it clear that Costco is increasingly in their rearview mirror as lending offers a runway stretching ahead for growth.
April 20, 2017
With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.
October 19, 2018
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]
