RNS Number:7908X
American Express Co
22 January 2001


PART 2


(Preliminary)               Travel Relates Services
                      Selected Statistical Information (continued)
                            (Unaudited, Managed Basis)


(Amounts in billions,                              
 except percentages and where indicated)
                                                   Quarters Ended

                     December 31,  September 30, June 30, March 31, December 31,
                         2000          2000        2000     2000        1999
Charge Card Receivables:
 Total Receivables      $  29.0      $  28.1    $  27.4   $  26.8   $   27.0
 90 Days Past Due as a      2.3%         2.3%       2.4%      2.6%       2.5%
 % of Total             
 Loss Reserves (millions)$  964      $   987    $   986   $   894   $    857
 % of Receivables           3.3%         3.5%       3.6%      3.3%       3.2%
 % of 90 Days Past Due      142%         152%       153%      129%       126%
Net Loss Ratio             0.36%        0.37%      0.36%     0.34%      0.40%

U.S. Cardmember Lending:
 Total Loans             $ 28.7      $  27.1    $  25.9   $  24.2   $   23.4
 Past Due Loans as a 
 % Total:
 30-89 Days                 1.9%         1.8%       1.6%      1.8%       1.8%
 90+ Days                   0.9%         0.8%       0.8%      0.8%       0.8%
Loss Reserves (millions):
 Beginning Balance       $  731      $   686    $   689   $   672   $    636
  Provision                 377          328        268       285        277
 Net Charge-Offs/Other     (288)        (283)      (271)     (268)      (241)
Ending Balance           $  820      $   731    $   686   $   689   $    672
% of Loans                  2.9%         2.7%       2.6%      2.8%       2.9%
% of Past Due               104%         103%       109%      109%       110%
Average Loans            $ 27.6      $  26.6    $  25.2   $  23.6   $   21.7
Net Write-Off Rate          4.4%         4.3%       4.4%      4.6%       4.5%
Net Interest Yield          7.7%         7.8%       7.4%      7.8%       7.7%


(Preliminary)               American Express Financial Advisors
                                   Statements of Income
                                       (Unaudited)

(Dollars in millions)     Quarters Ended                Years Ended
                          December 31,    Percentage    December 31,  Percentage
                         2000     1999   (Inc/(Dec)   2000      1999  (Inc/(Dec)

Net Revenues:
 Investment Income      $  546  $  668    (18.2)%    $ 2,292  $2,443   (6.2)%
 Management and            722     616     17.3        2,812   2,270   23.9
 Distribution Fees
 Other Revenues            273     245     11.3        1,026     923   11.1
  Total Revenues         1,541   1,529      0.8        6,130   5,636    8.8
Provision for Losses
and Benefits:
 Annuities                 251     276     (8.8)       1,018   1,071   (4.9)  
 Insurance                 134     130      3.0          556     522    6.5
 Investment Certificates    90     124    (27.4)         337     306    9.9
  Total                    475     530    (10.3)       1,911   1,899    0.6
 Net Revenues            1,066     999      6.7        4,219   3,737   12.9

Expenses:
 Human Resources           540     443     22.0        2,093   1,744   20.0
 Other Operating Expenses  182     209    (13.1)         643     630    2.1
  Total Expenses           722     652     10.8        2,736   2,374   15.2
Pretax Income              344     347     (0.9)       1,483   1,363    8.8
Income Tax Provision       102     109     (6.5)         451     428    5.3
Net Income              $  242  $  238      1.7     $  1,032  $  935   10.4



(Preliminary)               American Express Financial Advisors
                               Selected Statistical Information                 
                                         (Unaudited)

(Dollars in millions, except where indicated)

                              Quarters Ended                Years Ended
                          December 31,    Percentage    December 31,  Percentage
                         2000     1999   (Inc/(Dec)   2000      1999  (Inc/(Dec)


Investments (billions) $  30.5  $ 30.3      0.7%    $  30.5  $  30.3     0.7%
Client Contract Reserves
(billions)             $  31.4  $ 31.0      1.6     $  31.4  $  31.0     1.6
Shareholder's Equity
(billions)             $   4.4  $  3.9     14.7     $   4.4  $   3.9    14.7
Return on Average Equity* 22.6%   22.9%      -         22.6%    22.9%     -

Life Assurance in
Force (billions)       $  98.1  $ 89.2      9.9     $  98.1  $  89.2     9.9
Assets owned, Managed or
Administered (billions):
 Assets Managed for
 Institutions          $  53.8  $ 55.5     (3.0)    $  53.8  $  55.5    (3.0)
 Assets Owned, Managed or
 Administered
 for Individuals:
 Other Assets:
  Separate Account Assets 32.3    35.9     (9.9)       32.3     35.9    (9.9)
  Other Owned Assets      41.3    38.7      6.0        41.3     38.7     6.0
   Total Owned Assets     73.6    74.6     (1.5)       73.6     74.6    (1.5)
  Managed Assets         112.0   115.1     (2.8)      112.0    115.1    (2.8)
  Administered Assets     34.4    24.8     38.6        34.4     24.8    38.6
    Total              $ 273.8  $270.0      1.4     $ 273.8  $ 270.0     1.4
Market Appreciation
(Depreciation) During
the Period:
 Owned Assets:
  Separate Account 
          Assets       $(4,937) $6,726       -      $(5,109) $ 8,172      -
  Other Owned Assets   $   153  $ (254)      -      $   106  $(1,126)     -
  Total Managed Assets$(14,925) $20,745      -      $(14,469)$23,774      -

Sales of Selected Products:
 Mutual Funds          $ 9,890  $ 8,611    14.9     $44,068  $34,269     28.6
 Annuities               1,493      939    59.0       5,886    3,902     50.9
 Investment Certificates   722      993   (27.2)      3,297    3,591     (8.2)
 Life and Other Insurance  225      224     0.7         900      746     20.7
  Products
 Institutional           1,090    1,928   (43.5)      5,366    5,012      7.1
 Other                   1,508      870    73.4       3,557    3,514      1.2
Total Cash Sales       $14,928  $13,565    10.1     $63,074  $51,034     23.6

Number of Financial 
Advisors                12,663   11,366    11.4      12,663   11,366     11.4
Fees from Financial Plans
and Advice Services    $  21.4  $  22.1    (3.0)    $  97.7  $  88.5     10.4
Percentage of Total Sales
from Financial Plans
 and Advice Services      70.3%    67.4%    -          68.1%    66.7%     -


* Excluding the effect of SFAS No. 115.
Note: In the first quarter of 2000, reporting of data related to cash sales and
      assets owned, managed and administered was revised to better reflect      
      AEFA's multiple sales channel strategy and broadening of its product
      portfolio through additional non-proprietary offerings.



(Preliminary)          American Express Financial Advisors
                              Statement of Income
                                  (Unaudited)

(Dollars in millions)

                                       Quarters Ended

                    December      September      June      March      December 
                    31, 2000      30,  2000    30, 2000  31, 2000     31, 1999

Net Revenues:

 Investment 
 Income            $     546      $     582    $    592  $    572     $    668

Management and
 Distribution 
 Fees                    722            700         701       688          616
Other Revenues           273            258         248       246          245

 Total Revenues        1,541          1,540       1,541     1,506        1,529

Provision for 
 Losses and 
 Benefits:
 Annuities               251            253         254       259          276
 Insurance               134            146         138       139          130
 Investment 
  Certificates            90             89          68        89          124

   Total                 475            488         460       487          530

 Net Revenues          1,066          1,052       1,081     1,019          999


Expenses:

 Human Resources         540            527         528       498          443
 Other Operating
  Expenses               182            138         156       166          209

   Total Expenses        722            665         684       664          652

Pretax Income            344            387         397       355          347
Income Tax 
 Provision               102            118         122       110          109
Net Income         $     242      $     269    $    275  $    245     $    238




Preliminary)          American Express Financial Advisors
                       Selected Statistical Information
                                 (Unaudited)

(Dollars in millions,
 except where indicated)

                                         Quarters Ended

                    December      September      June      March      December 
                    31, 2000      30, 2000     30, 2000  31, 2000     31, 1999

Investments 
 (billions)        $    30.5      $    30.0    $   30.0  $   30.3      $  30.3

Client Contract
 Reserves
 (billions)        $    31.4      $    31.4    $   31.0  $   31.0      $  31.0

Shareholder's 
 Equity (billions) $     4.4      $     4.2    $    4.0  $    3.9      $   3.9

Return on Average
 Equity*                22.6%          23.1%       23.1%     23.0%        22.9%

Life Insurance
 in Force 
 (billions)        $    98.1      $    95.8    $   93.8  $   91.7      $  89.2

Assets Owned,
 Managed or
 Administered
 (billions):

 Assets Managed
  for Institutions $    53.8      $    55.9    $   56.1   $  57.4      $   55.5

   Assets Owned,
    Managed or
    Administered
    for Individuals:
     Owned Assets:
      Separate 
       Account
       Assets           32.3           36.6        36.5      38.4          35.9
      Other Owned
       Assets           41.3           40.6        39.9      39.8          38.7
      Total Owned
       Assets           73.6           77.2        76.4      78.2          74.6
     Managed Assets    112.0          122.0       119.6     122.7         115.1
     Administered
      Assets            34.4           38.0        34.1      31.2          24.8
       Total       $   273.8      $   293.1    $  286.2   $ 289.5     $   270.0

Market Appreciation
 (Depreciation)
 During the Period:

  Owned Assets:

   Separate Account
    Assets         $  (4,937)     $  (203)    $(2,301)  $2,332        $ 6,726
   Other Owned
    Assets         $     153      $   163     $   (90)  $ (120)       $  (254)
  Total Managed
   Assets          $ (14,925)     $   (76)    $(6,488)  $7,020        $20,745

Cash Sales:
 Mutual Funds      $   9,890      $11,698     $10,376  $12,104        $ 8,611
 Annuities             1,493        1,465       1,566    1,362            939
 Investment
  Certificates     $     722          868         871      835            993
 Life and Other
  Insurance 
  Products               225          220         219      237            224
 Institutional         1,090        1,169       1,557    1,551          1,928
 Other                 1,508          815         661      573            870

Total Cash Sales   $  14,928      $16,235     $15,250  $16,662        $13,565


Number of 
 Financial
 Advisors             12,663       12,137      11,486   11,094         11,366

Fees from
 Financial Plans
 and Advice
 Services          $    21.4     $   26.1   $   23.9  $   26.3       $   22.1

Percentage of 
 Total Sales from
 Financial Plans
 and Advice 
 Services               70.3%        69.2%      66.1%     66.9%          67.4%


* Excluding the effect of SFAS No. 115.


Note: In the first quarter of 2000, reporting of data related to cash sales and
assets owned, managed and administered was revised to better reflect AEFA's
multiple sales channel strategy and broadening of its product portfolio through
additional non-proprietary offerings.



Preliminary)                American Express Bank
                             Statements of Income
                                 (Unaudited)

(Dollars in millions)

                         Quarters Ended                 Years Ended
                          December 31,    Percentage   December 31,   Percentage
                      2000          1999   Inc/(Dec)  2000      1999   Inc/(Dec)

Net Revenues:
 Interest Income    $  181     $     180     0.8%    $ 735    $  737    (0.2)%
 Interest Expense      122           112     8.8       484       446     8.6
  Net Interest
   Income               59            68   (12.5)      251       291   (13.7)
 Commissions and
  Fees                  52            48     8.9       214       179   (19.3)
 Foreign Exchange 
  Income & Other 
  Revenues              33            31     4.9       126       151   (16.1)

  Total Net Revenues   144           147    (1.8)      591       621    (4.8)


Expenses:
 Human Resources        60            69   (12.9)      257       271    (5.2)
 Other Operating 
  Expenses              68            68     1.1       273       294    (7.2)
 Provision for
  Losses                 8             4       *        28        29    (1.5)

   Total Expenses      136           141    (2.9)      558       594    (6.0)

Pretax Income            8             6    21.3        33        27    22.7
Income Tax Provision     2             2   (34.8)        4         5    (6.1)
Net Income           $   6       $     4    49.6    $   29   $    22    29.2


* Denotes variance of more than 100%.






(Preliminary)              American Express Bank
                       Selected Statistical Information
                                 (Unaudited)

(Dollars in billions, except where indicated)

                         Quarters Ended                Years Ended
                          December 31,    Percentage   December 31,   Percentage
                      2000          1999   Inc/(Dec)  2000      1999   Inc/(Dec)

Total Shareholder's
 Equity (millions) $   754     $     691     9.2%    $ 754    $  691     9.2%

Return on Average
 Common Equity (A)     4.4%          3.5%     -        4.4%      3.5%     -

Return on Average
 Assets (A)           0.26%         0.20%     -       0.26%     0.20%     -

Total Loans        $   5.3     $     4.1     4.8     $ 5.3    $  5.1     4.8

Total Non-
performing Loans
(millions)         $   137     $     168   (18.5)    $ 137    $  168   (18.5)

Other Non-performing
Assets (millions)  $    24     $      37   (35.0)    $  24    $   37   (35.0)

Reserve for Credit
Losses (millions)
(B)                $   153     $     189   (18.7)    $ 153    $  189   (18.7)

Loan Loss Reserves
as a % of Total
Loans                  2.6%          3.3%      -       2.6%      3.3%      -

Deposits           $   8.0     $     8.3    (4.7)    $ 8.0    $  8.3    (4.7)

Assets Managed (C)/
Administered       $  10.6     $     8.6    22.9     $10.6    $  8.6    22.9

Assets of Non-
Consolidated Joint
Ventures           $   2.1     $     2.2    (5.2)      2.1    $  2.2    (5.2)

Risk-Based Capital
Ratios:
  Tier 1              10.1%          9.9%      -      10.1%      9.9%      -
  Total               11.4%         12.0%      -      11.4%     12.0%      -

Leverage Ratio         5.9%          5.6%      -       5.9%      5.6%      -

(A)  Excludes the effect of SFAS No. 115 for all periods presented.

(B)  Allocation:
     Loans         $   137     $     169            $  137    $  169
     Other Assets,
     primarily
     derivatives        14            16                14        16
     Other
     Liabilities         2             4                 2         4
     Total Credit
     Loss Reserves $   153     $     189            $  153    $  189

(C)  Includes assets managed by American Express Financial Advisors.


(Preliminary)

                           American Express Bank
                            Statements of Income
                                (Unaudited)

(Dollars in millions)

                                        Quarters Ended

                     December 31,  September 30, June 30, March 31, December 31,
                         2000          2000        2000     2000        1999


Net Revenues:

Interest Income         $  181      $  188      $   183    $  183    $   180

Interest Expense           122         125          120       118        112

Net Interest Income         59          63           63        65         68

Commissions and Fees        52          54           56        52         48

Foreign Exchange
Income & Other
Revenue                     33          29           32        33         31

Total Net Revenues         144         146          151       150        147

Expenses:
Human Resources             60          65           65        66         69

Other Operating
Expenses                    68          67           69        68         68

Provision for Losses         8           6            7         8          4

Total Expenses             136         138          141       142        141

Pretax Income                8           8           10         8          6

Income Tax Provision         2           1            3         1          2

Net Income               $   6       $   7        $   7     $   7      $   4


(Preliminary)

                            American Express Bank
                       Selected Statistical Information
                                  (Unaudited)

(Dollars in billions, except where indicated)

                                      Quarters Ended

                     December 31,  September 30, June 30, March 31, December 31,
                         2000          2000        2000     2000        1999

Total Shareholder's
Equity (millions)    $   754       $    729     $   707   $   697     $   691

Return on Average
Common Equity (A)        4.4%           4.1%        3.7%      3.5%       3.5%

Return on Average
Assets (A)              0.26%          0.24%       0.21%     0.19%      0.20%

Total Loans          $   5.3       $    5.1     $    5.1  $   5.0     $   5.1

Total Non-
performing Loans
(millions)           $   137       $    156     $    174  $   174     $   168

Other Non-
performing Assets
(millions)           $    24       $     37     $     36  $    31     $    37

Reserve for Credit
Losses (millions)
(B)                  $   153       $    179     $    187  $    189    $   189

Loan Loss Reservices
as a % of Total
Loans                   2.6%           3.1%          3.3%      3.4%       3.3%

Deposits             $   8.0       $    8.0     $     8.2   $  8.4    $   8.3

Assets Managed (C)/
Administered         $  10.6       $   10.2     $     9.8   $  9.4    $   8.6

Assets of Non-
Consolidated Joint
Ventures             $   2.1       $    2.3     $     2.3   $  2.4    $   2.2

Risk-Based Capital
Ratios:
  Tier 1                10.1%          10.4%        10.3%     10.1%       9.9%
  Total                 11.4%          11.9%        11.9%     11.6%      12.0%

Leverage Ratio           5.9%           5.8%         5.8%      5.6%       5.6%

(A)  Excludes the effect of SFAS No. 115 for all periods presented.

(B)  Allocation:
     Loans           $    137     $     158     $    166    $   170   $   169
     Other Assets,
     primarily
     derivatives           14            16           16         15        16
     Other Liabilities      2             5            5          4         4

     Total Credit
     Loss Reserves   $     153    $     179     $    187    $   189   $   189

(C)  Includes assets managed by American Express Financial Advisors.


(Preliminary)

                           American Express Bank
                      Exposures By Country and Region
                                (Unaudited)

($ in billions)



                                      Net
                                    Guarantees            12/31/00     9/30/00
                         FX and       and                   Total       Total
Country          Loans Derivatives  Contingents  Other*  Exposure**  Exposure**

Hong Kong        $ 0.6        -     $    0.1     $  0.1  $    0.7    $     0.7
Indonesia          0.1        -          0.1        0.1       0.3          0.3
Singapore          0.5        -          0.1        0.1       0.7          0.7
Korea              0.2        -            -        0.2       0.4          0.5
Taiwan             0.2        -            -          -       0.3          0.4
China                -        -            -          -         -            -
Japan              0.1        -            -        0.1       0.1          0.1
Thailand             -        -            -          -         -            -
Other              0.1        -            -        0.1       0.2          0.2
Total Asia/Pacific
Region**           1.8    $ 0.1          0.3        0.6       2.9          2.8

Chile              0.2        -            -        0.1       0.3          0.3
Brazil             0.2        -            -        0.1       0.3          0.3
Mexico             0.1        -            -          -       0.1          0.1
Peru               0.1        -            -          -       0.1            -
Argentina          0.1        -            -          -       0.1          0.1
Other              0.2        -          0.2        0.1       0.5          0.5
Total Latin
America**          0.9        -          0.2        0.3       1.4          1.3

India              0.3        -          0.1        0.3       0.7          0.7
Pakistan           0.1        -            -        0.1       0.3          0.3
Other              0.1        -            -        0.1       0.2          0.2
Total
Subcontinent**     0.4        -          0.2        0.6       1.2          1.2

Egypt              0.2        -            -        0.2       0.5          0.6
Other              0.2        -            -          -       0.2          0.2
Total Middle
East & Africa**    0.4        -          0.1        0.2       0.7          0.7

Total Europe***    1.5      0.1          0.5        2.4       4.5          4.4

Total North
America**          0.4      0.1          0.3        1.4       2.1          1.9

Total Worldwide** $ 5.3  $  0.3        $ 1.6      $ 5.5   $  12.7       $ 12.3

*     Includes cash, placements and securities.
**    Individual items may not add to totals due to rounding.
***   Total exposures at 12/31/00 and 9/30/00 include $3 million and $4 million 
      of exposures to Russia, respectively.



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