American Express is a globally recognized financial services company that specializes in payment solutions and travel-related services. The company is best known for its charge and credit card offerings, which cater to both consumers and businesses, enabling them to make purchases and manage expenses seamlessly. In addition to card services, American Express provides a range of financial products, including personal savings accounts, loans, and business financing options, as well as premium travel services and rewards programs designed to enhance customer loyalty. Through its extensive network, American Express facilitates transactions, offering a variety of products that address the needs of individuals and corporations alike in the realm of financial management and travel experiences. Read More
VIRGINIA BEACH, Va. - April 28, 2025 - PRLog -- Schonfeld & Associates, a publisher of business information products for over 40 years, has released the 2025 edition of SG&A Benchmarks for the Finance, Insurance, Real Estate industry sector. The report is a convenient source of information for professional managers seeking benchmark information on Selling, General & Administrative spending by major public corporations within the sector. Metrics for public companies provide important insight for other firms within the sector. SG&A expenses are all the direct and indirect selling expenses and all general and administrative expenses. SG&A expenses are also called Operating Expenses. Frequently, SG&A to Sales ratios are used to judge efficiency of management spending.Benchmarks for SG&A spending are hard to find. Averages may be available but are generally too broad to be useful. Within SG&A Benchmarks, the sector summary charts provide side by side comparison of annual median values for each industry within the sector for 2021-2024 as well as a chart of 10%ile, median and 90%ile values of SG&A to Sales ratio for 2024 by industry to illustrate the range of values reported by firms within each industry. To account for SG&A spending practices varying by size of revenues, individual companies are grouped based on fiscal 2024 sales. The detailed tables for each of the individual industries are presented with the companies in three groups as defined by sales of less than $100 million, sales between $100 million and $1 billion, and sales of more than $1 billion. The information presented for each company includes: fiscal 2023 and fiscal 2024 SG&A as a percentage of sales, annual percentage growth rate in SG&A spending and in sales, total sales for fiscal 2024 and headquarters location. Comparing the growth rate of SG&A expenses and sales gives a snapshot of where the profitability of the firm may be heading.The Finance, Insurance and Real Estate sector reports SG&A spending information for over 1065 publicly traded companies in seven industries: Depository Institutions (including Bank of America, JPMorgan Chase, Citigroup, Wells Fargo), Non-depository Credit Institutions (including Fannie Mae, American Express, Discover Financial Services), Security & Commodity Brokers and Services (including Charles Schwab, Goldman Sachs, Morgan Stanley), Insurance Carriers (including Cigna Group, Berkshire Hathaway, UnitedHealth Group), Insurance Agents and Services (including Marsh & McLennan, Equitable Holdings, Aon), Real Estate (including eXp World Holdings, Cushman & Wakefield, Redfin, CBRE Group) and Holding and Other Investment Offices (including Equinix, Blackstone REIT, Prologis, Crown Castle).This report will benefit anyone seeking competitive benchmark intelligence including corporate staff, financial analysts, investment professionals, lenders, M&A advisors, appraisers and industry consultants.Visit https://saibooks.com/product/sga-benchmarks-finance/ for more information and to place a secure order for immediate download.
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American Express continues to show spending growth of 6% YoY for its affluent customer base in Q1 2025, which is better equipped to weather economic volatility.
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American Express stock is setting up for a robust rebound that could take it to a new high before the end of 2025, aided by analysts, institutions, and buybacks
