AmEx to Offer Enhanced Travel to Cardmembers at Toronto Pearson

American Express Company’s AXP subsidiary American Express Canada recently expanded its longstanding ties with Canada’s largest airport, Toronto Pearson. The motive remains to offer continued exclusive benefits and services for American Express Cardmembers, who can enjoy an enhanced airport experience.As part of the renewed collaboration, eligible American Express Cardmembers will have expedited access to the Priority Security Lane at Terminals 1 and 3, which can be accessed by requesting single-use QR codes online. Cardmembers departing from Toronto Pearson’s Terminal 1 can also take advantage of complimentary valet car service. To utilize this benefit, vehicles must be dropped off at the valet stand, and the parking fee must be charged to an eligible American Express Card, which will automatically waive the valet service fees.Additionally, Cardmembers can enjoy a 15% discount on parking rates when using the Express Park facility in Terminal 1 or the Daily Park facilities in Terminals 1 and 3. This discount will be reflected as a statement credit. For those seeking car cleaning and detailing services, a 15% discount is also available on car care services provided at Terminal 1, ensuring that vehicles are well-maintained while travelers are away.The bundled benefits in the form of complimentary valet, parking discounts, car care savings and more are expected to make travel more convenient and enjoyable for passengers. American Express seems to occupy a strong foothold across the transit system of Canada, and an enhanced digital suite, built through constant tie ups and significant investments, is likely to have helped it solidify its nationwide presence.Benefits of the Recent Move to American ExpressThe recent expansion of the partnership with Toronto Pearson reflects American Express’ sincere efforts to sustain the lucrativeness of its card offerings and therefore may retain the existing Cardmembers or attract new ones.With the card-issuing business remaining an important source of revenues for American Express, the latest move is expected to contribute to its top-line growth. Management remains confident in achieving long-term revenue growth of 10%.AXP’s Share Price Performance & Zacks RankShares of American Express have gained 73.2% in the past year, compared with the industry’s 24.5% growth. AXP currently carries a Zacks Rank #3 (Hold).Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks in the Finance space are Washington Trust Bancorp, Inc. WASH, Brookline Bancorp, Inc. BRKL and Guaranty Bancshares, Inc. GNTY. While Washington Trust Bancorp sports a Zacks Rank #1 (Strong Buy) at present, Brookline Bancorp and Guaranty Bancshares carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.The bottom line of Washington Trust Bancorp outpaced estimates in each of the last four quarters, the average surprise being 33.11%. The Zacks Consensus Estimate for WASH’s 2025 earnings suggests an improvement of 8.4% from the 2024 estimate. The same for revenues suggests growth of 10.1% from the 2024 estimate. The consensus mark for WASH’s 2025 earnings has moved 3.8% north in the past 60 days.Brookline Bancorp’s earnings outpaced estimates in three of the trailing four quarters and missed the mark once, the average surprise being 1.58%. The Zacks Consensus Estimate for BRKL’s 2025 earnings suggests an improvement of 32.9% from the 2024 estimate. The same for revenues suggests growth of 11.7% from the 2024 estimate. The consensus mark for BRKL’s 2025 earnings has moved 0.9% north in the past 30 days.The bottom line of Guaranty Bancshares outpaced estimates in each of the last four quarters, the average surprise being 11.32%. The Zacks Consensus Estimate for GNTY’s 2025 earnings suggests an improvement of 1.4% from the 2024 estimate. The same for revenues suggests growth of 4.5% from the 2024 estimate. The consensus mark for GNTY’s 2025 earnings has moved 0.4% north in the past 30 days.Shares of Washington Trust Bancorp, Brookline Bancorp and Guaranty Bancshares have gained 12.5%, 17.5% and 5.7%, respectively, in the past year. Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Express Company (AXP): Free Stock Analysis Report Washington Trust Bancorp, Inc. (WASH): Free Stock Analysis Report Guaranty Bancshares Inc. (GNTY): Free Stock Analysis Report Brookline Bancorp, Inc. (BRKL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks