American Express Company reported preliminary consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company has reported total non-interest revenues were $6,844 million against $7,657 million a year ago. Net interest income was $1,547 million against $1,424 million a year ago. Pretax income was $1,454 million against $2,225 million a year ago. Net income attributable to common shareholders was $873 million against $1,436 million a year ago. Return on average equity was 24.0% against 29.1% a year ago. Return on average common equity was 25.2% against 29.0% a year ago. Return on average tangible common equity was 31.0% against 35.9% a year ago. Diluted net income attributable to common shareholders was $0.89 against $1.39 a year ago. For the quarter, total revenues net of interest expense was $8,391 million against $9,081 million a year ago. Adjusted net income attributable to common shareholders was $1,208 million or $1.23 diluted per share against $1,436 million or $1.39 diluted per share a year ago. Book value per common share was $19.71 against $19.49 a year ago.

For the full year, the company has reported total non-interest revenues were $26,896 million against $28,716 million a year ago. Net interest income was $5,922 million against $5,472 million a year ago. Pretax income was $7,938 million against $8,991 million a year ago. Net income attributable to common shareholders was $5,063 million against $5,839 million a year ago. Diluted net income attributable to common shareholders was $5.05 against $5.56 a year ago. For the quarter, total revenues net of interest expense was $32,818 million against $34,188 million a year ago. Adjusted net income attributable to common shareholders was $5,398 million or $5.38 diluted per share against $5,839 million or $5.56 diluted per share a year ago.

For the fourth quarter of 2015, the company reported net write off was $169 million against $156 million a year ago.