American Express Company reported consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported total revenues net of interest expense of USD 8,547 million compared to USD 8,141 million a year ago. Pretax income was USD 1,980 million compared to USD 929 million for the same period a year ago. Net income attributable to common shareholders was USD 1,297 million or USD 1.21 per diluted share compared to USD 630 million or USD 0.56 per diluted share a year ago. Return on average equity was 27.8% compared to 23.1% a year ago. Return on average common equity was 27.6% compared to 22.8% a year ago. Return on average tangible common equity was 34.9% compared to 29.2% a year ago. Book value per common share was USD 18.32 compared to USD 17.09 a year ago. Adjusted net income was USD 1,349 million and adjusted EPS was 1.25.

For the year, the company reported total revenues net of interest expense of USD 32,974 million compared to USD 31,555 million a year ago. Pretax income was USD 7,888 million compared to USD 6,451 million for the same period a year ago. Net income attributable to common shareholders was USD 5,312 million or USD 4.88 per diluted share compared to USD 4,433 million or USD 3.89 per diluted share a year ago. Return on average equity was 27.8% compared to 23.1% a year ago. Return on average common equity was 27.6% compared to 22.8% a year ago. Return on average tangible common equity was 34.9% compared to 29.2% a year ago. Book value per common share was USD 18.32 compared to USD 17.09 a year ago. Adjusted net income was USD 5,400 million and adjusted EPS was 4.91.