American Express
Analyst Listings
The following analysts provide coverage for the subject firm as of May 2016:
Broker | Analyst | Analyst Email |
DA Davidson | Arren Cyganovich | acyganovich@dadco.com |
Oppenheimer | Ben Chittenden | benjamin.chittenden@opco.com |
Nomura Research | Bill Carcache | bill.carcache@nomura.com |
Stifel Nicolaus | Christopher C. Brendler | ccbrendler@stifel.com |
Sandler O’Neill & Partners | Christopher R. Donat | cdonat@sandleroneill.com |
Drexel Hamilton | David Hilder | dhilder@drexelhamilton.com |
Deutsche Bank Research | David Ho | david.ho@db.com |
JMP Securities | David M. Scharf | dscharf@jmpsecurities.com |
Evercore ISI | David Togut | david.togut@evercoreisi.com |
Guggenheim Securities | Eric Wasserstrom | eric.wasserstrom@guggenheimpartners.com |
BMO Capital Markets | James Fotheringham | james.fotheringham@bmo.com |
Susquehanna Financial Group | James Friedman | james.friedman@sig.com |
RBC Capital Markets | Jason Arnold | jason.arnold@rbccm.com |
Piper Jaffray | Jason Deleeuw | jason.s.deleeuw@pjc.com |
Wells Fargo Securities | Jason Harbes | jason.harbes@wellsfargo.com |
Jefferies | John Hecht | jhecht@jefferies.com |
Compass Point Research | John T. Williams | jwilliams@compasspointllc.com |
Pacific Crest Securities-KBCM | Josh Beck | jbeck@pacific-crest.com |
Bernstein Research | Kevin St. Pierre | kevin.st-pierre@bernstein.com |
Credit Suisse | Moshe Orenbuch | moshe.orenbuch@credit-suisse.com |
Keefe Bruyette & Woods | Sanjay Sakhrani | ssakhrani@kbw.com |
Primary Input Data
Derived Input Data
Derived Input | Label |
2015 |
2016 |
Equational Form |
Net Income | NI | 5,125 | 5,365 | |
Cash Flow From Equity | CFE | 5,125 | 5,537 | |
Total Equity | TE | 20,673 | 20,501 | |
Return on Equity | ROE | 24.79% | 26.17% | |
Net Investment | NetInv | – | (172) | |
Investment Rate | IR | 0.00% | -3.21% | |
Cost of Equity |
COE | 0.84% | -0.62% | |
Enterprise value |
EVMarket | 44,673 | 41,875 | |
Long-Run Growth |
g = IR x ROIC |
0.00% | -0.84% | Long-run growth rates of the income variable are used in the Continuing Value portion of the valuation models. |
g = % GDP | 2.50% | 2.50% |
Valuation Multiple Outcomes
The outcomes presented in this study are the result of original input data, derived data, and synthesized inputs.
Equational Form |
Observed Value |
Single-stage multiple g solution |
Two-stage valuation model g solution |
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12/31/2015 | 12/31/2016 | 12/31/2015 | 12/31/2016 | 12/31/2015 | 12/31/2016 | |
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