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QuestionsCategory: Business QuadrantAmerican Express
Ngiap Han Wong asked 4 months ago

Hi guys
I was looking through American Express’ financials and I am not sure whether IQ methodology can be applied to it because I think their business structure is like a mix of a bank and that of a payment solutions’ company? I came to this conclusion while looking at their financial reports. Not sure whether I am right? Any advice will be much appreciated!

3 Answers
Victor Chng answered 4 months ago

Hi Ngiap Han,
 
I took a look at American Express’ financial statements – it is similar to the financial statements of the bank. Hence, the IQ methodology is not applicable for it.  

Victor Chng answered 4 months ago

Hi Ngiap Han,
 
I took a look at American Express’ financial statements – it is similar to the financial statements of the bank. Hence, the IQ methodology is not applicable for it.  

Ngiap Han Wong answered 4 months ago

Thanks Victor!

Victor Chng replied 4 months ago

Welcome Ngiap Han :)