American Express Co (AXP.N) reported a 21 percent rise in quarterly profit on Wednesday as a strengthening U.S. economy drew in more customers and encouraged higher credit card spending.
Net income rose to $1.62 billion, or $1.84 per share, in the second quarter ended June 30 from $1.34 billion, or $1.47 per share, a year earlier.
Total revenue, net of interest expense, climbed 9 percent to $10 billion.