American Express National Bank
Headquarters
115 W Towne Ridge Pkwy
Sandy, UT 84070
See all branch locations →
ACH 12408506
Phone 800 528 4800
2024 Overview
General Bank Information
American Express National Bank is an FDIC insured institution located in Sandy, UT. It was founded in 1989 and has approximately $180.42 billion in assets. Customers can open an account at one of its 3 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 27471 |
| Date Established | 1989 |
| Assets | $ 180.42 billion |
| Loans | $ 139.75 billion |
| Deposits | $ 140.97 billion |
| Capital | $ 16.65 billion |
For a more detailed analysis of American Express National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
Loan Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for American Express National Bank
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 1835285 |
6.774% |
6.750% 0.25 points $803 fees |
$2,076 | Learn More |
NMLS ID: 2059741 |
6.994% |
6.875% 0.63 points $3,901 fees |
$2,103 | Learn More |
NMLS ID: 3030 |
7.451% |
7.375% 0.75 points $2,400 fees |
$2,211 | Learn More |
NMLS ID: Not a Lender |
points fees |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to American Express National Bank
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Branches
American Express National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
American Express National Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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Financial Details
American Express National Bank Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of American Express National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| American Express National Bank | U.S. Bank Average |
|---|---|
| 4.47% | 3.96% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of December 31, 2024, American Express National Bank had $965,214,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,654,264,000 in equity and $4,946,154,000 in loans loss reserves. That gives it a Texas Ratio of 4.47%.
Return on Equity
| American Express National Bank | U.S. Bank Average |
|---|---|
| 38.94% | 12.20% |
American Express National Bank has a Return on Equity of 38.94% versus the BestCashCow average of 12.20%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| American Express National Bank | U.S. Bank Average |
|---|---|
| 9.23% | 10.76% |
American Express National Bank has a Capitalization of 9.23% versus the BestCashCow average of 10.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
American Express National Bank Balance Sheet Analysis
As of December 31, 2023, American Express National Bank had assets of $180,420,931,000, loans of $139,748,691,000, and deposits of $140,966,564,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 36.75 billion |
| Interest-bearing balances | $ 36.68 billion |
| Total securities | $ 230.34 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 139.75 billion |
| Loan loss allowance | $ 4.95 billion |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 16.72 million |
| All other assets | $ 2.68 billion |
| Total Assets | $ 163.77 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 140.97 billion |
| Interest-bearing deposits | $ 140.62 billion |
| Deposits held in domestic offices | $ 140.97 billion |
| % insured (estimated) | 80.28% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 12.28 billion |
| Subordinated debt | $ 800.00 million |
| All other liabilities | $ 7.05 billion |
| Total Liabilities | $ 163.77 billion |
| Shareholders’ Equity | $ 16.65 billion |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 18.33 billion |
| Total Interest Expense | $ 5.95 billion |
| Net interest income | $ 12.37 billion |
| Provision for loan and lease losses | $ 4.13 billion |
| Total non interest income | $ 26.04 billion |
| Total non interest expense | $ 26.54 billion |
| Pre-tax Net Operating Income | $ 4.39 billion |
Bank Loan Profile?
The top three loan types in American Express National Bank’s loan portfolio are Credit Card Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.
Compared to other banks in Utah, American Express National Bank has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 0.00 | ✓ | ||
| Multifamily Mortgages |
0.00 | ✓ | ||
| Credit Card Loans | 55.22 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 0.00 | ✓ | ||
| Construction and Development Loans | 0.00 | ✓ | ||
| Commercial Real Estate | 0.00 | ✓ | ||
| Commercial and Industrial Loans | 25.20 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
Customer Reviews for American Express National Bank
LongGone
March 15, 2023 |
Really don't know where to start other then AENB is a waste of your time and effort. Find another bank in Salt Lake City that knows how to treat clients, has a customer service department and cares about what you think. This POS lists their address as 115 W. Towne Ridge Parkway in Sandy. They needed some documentation regarding my parents. Being in the area, I went to their website, confirmed the address, and that they were open for business. Drove there, parked in their visitor parking and walked into their offices. Met the security that worked the building. Showed them the letter from AENB requesting additional documents from my parents. They told me that this office didn't interface with the general public. WHAT! They have a visitor parking lot and their website says they are open. Natural thought process, go there and give them the documents they requested, have them make copies and be on with the day. NOT! Then the big boys came from behind some wall and told me essentially to "take a walk". When I said no, their reply was "we're calling the police" My reply was do what you gotta do. It quickly came to a very professional level that every bank customer likes to be involved in and I left without being able to deliver the documents they had requested. I will now remove my parents money from this institution and be done with them. I'd advise not wasting my time with such "customer service" oriented staff. I bank with Home Savings Bank on Main Street and about 3500 So. So Salt Lake. Real people, real customer service, real great rates. Would recommend if you're looking for a great bank (FDIC) this is the place to invest. Home Savings Bank is getting my parents money as soon as AENB sends their check to me. Run fast, run hard from AENB-POS.
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