Revenue segments as reported by the company.

Non-interest revenues

Interest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

Provisions for credit losses

Marketing and business development

Card Member rewards

Card Member services

Salaries and employee benefits

Other expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Express

American Express Co. engages in the provision of charge and credit card products and travel-related services. It operates through the following segments: U.S Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), Global Merchant and Network Services (GMNS), and Corporate and Other. The USCS segment issues a wide range of proprietary consumer cards to U.S consumers. The CS segment offers proprietary corporate and small business cards and provides services to U.S. businesses, including payment and expense management, banking and non-card financing products. The ICS segment focuses on a range of proprietary consumer, small business and corporate cards outside the United States. It also provides services to international customers, including travel and lifestyle services, and manages certain international joint ventures and loyalty coalition businesses. The GMNS segment operates a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services, and data analytics. The Corporate and Other segment covers corporate functions and certain other businesses and operations. The company was founded by Henry Wells, William G. Fargo, and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

American Express exceeds revenue targets, eyes growth through innovation

American Express (AXP) delivered strong financial performance in Q4 2022, exceeding revenue and EPS guidance. The company focuses on innovation, marketing, and risk management to drive growth in 2023. AXP's revenue growth was driven by discount revenue, net card fee revenues, and net interest income.
Despite challenges such as increased operating expenses and strong competition, AXP's strategic focus on premium customers and efficiencies positions them well for future growth. The company's emphasis on customer retention, efficient marketing spend, and international growth presents opportunities for expansion amidst competitive pressures and potential macroeconomic fluctuations.

American Express reports record Q1 revenues and reaffirms strong outlook

American Express delivered a robust performance in Q1 2023, driven by strong revenue growth, resilient credit metrics, and strategic acquisitions, positioning the company for continued success.
While facing challenges such as evolving spending trends and competitive risks, the company's focus on customer value propositions and operational efficiency provides avenues for sustained growth and profitability.
Opportunities in expanding T&E spending, enhancing competitive positioning, and leveraging capital strength underscore American Express's potential for future growth and value creation.

American Express (AXP) reports record Q2 revenues and eyes global expansion

American Express (AXP) delivered strong financial performance in Q2 2023, driven by record revenues and strategic initiatives.
While facing challenges such as credit normalization and competitive pressures, AXP's focus on partnerships and customer segments positions it for growth.
Opportunities in expanding network partnerships, marketing investments, and revenue diversification pave the way for future success.

American Express (AXP) reports record Q3 revenues and strong growth outlook

American Express (AXP) reported strong Q3 results, showcasing consistent growth and performance across key metrics, including record revenues and earnings per share.
The company's focus on innovation, enhancing value propositions, and attracting premium Card Members positions it well for sustainable growth and value creation in the market.
While facing challenges in regulatory discussions and evolving consumer behaviors, American Express (AXP) remains optimistic about achieving full-year revenue and EPS growth in line with guidance.

American Express reports record revenues and strategic growth plans

American Express (AXP) delivered strong financial performance in 2023, with record revenues and net income. The company's focus on growth post-COVID and strategic partnerships position it well for the future.
While facing challenges in small business spending and potential regulatory changes, American Express remains resilient with a commitment to innovation and enhancing customer value propositions.
Opportunities lie in dividend increases, new business segments, and strategic card acquisition strategies, offering avenues for continued growth and shareholder value creation.

American Express (AXP) reports robust Q1 earnings and outlines growth strategies

American Express (AXP) showcased strong financial performance in Q1, driven by revenue and EPS growth, robust spending trends, and disciplined credit management. While facing challenges in SME spending and Goods & Services growth, the company remains focused on growth opportunities in international markets and premium consumer segments. AXP's strategic focus on showcasing growth strategies and financial performance at the Investor Day underscores its commitment to sustained growth and innovation.

American Express (AXP) reports record Q2 earnings and optimistic outlook

American Express (AXP) delivered exceptional Q2 results, raising EPS guidance and emphasizing growth drivers. Despite elevated marketing spend, they remain confident in their ability to meet expectations and drive long-term growth.

American Express (AXP) reports robust Q3 earnings and eyes dining market for growth

American Express (AXP) delivered strong financial results in Q3, raising full-year guidance and showcasing consistent revenue growth. The company's strategic product refreshes and focus on dining experiences position it well for future growth. While facing some cost challenges, Amex remains resilient with a strong credit performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Express Co. is an integrated payments company, which engages in the provision of credit and charge cards to consumers, small businesses, mid-sized companies, and large corporations. It operates through the following segments: the United States Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), Global Merchant and Network Services (GMNS), and Corporate and Other. The USCS segment includes proprietary consumer cards and provides services to consumers including travel and lifestyle services as well as banking and non-card financing products. The CS segment offers proprietary corporate and small business cards and provides services to businesses including payment and expense management, banking, and non-card financing products. The ICS segment focuses on providing services to international customers including travel and lifestyle services and managing certain international joint ventures and loyalty coalition businesses. The GMNS segment is involved in operating a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services and data analytics. The Corporate and Other segment covers corporate functions and certain other businesses and operations. The company was founded by Henry Wells, William G. Fargo, and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.

American Express' stock (NYSE: AXP) has gained 25% YTD, as compared to the 24% rise in the S&P500 over the same period. Further, it is currently trading at $185 per share, which is just above its fair value of $182 – Trefis' estimate for American Express' valuation.

Up 25% YTD, What To Expect From American Express Stock?

D.R. Horton

Occidental Petroleum

American Express is on a roll that should continue into the new year. D.R. Horton should benefit from interest rate cuts in 2024, as well as from the U.S. housing shortage.

Prediction: These 3 Warren Buffett Stocks Will Be the Biggest Winners in 2024

Apple

Bank of America

The Oracle of Omaha has thoroughly outperformed the benchmark S&P 500 for nearly six decades. Warren Buffett has long believed that his and his teams' top investment ideas should hold added weight in Berkshire's investment portfolio.

65% of Warren Buffett's $374 Billion Portfolio Is Invested in Just 3 Stocks

Mastercard

Visa

The year 2024 holds a promising future for emerging fintech stocks. As the financial sector undergoes a profound digital overhaul, key players in payments and credit processing are poised to benefit.

3 Fintech Stocks to Turn $50,000 Into $200,000 by 2028

Chevron

After trailing the other stock indices for much of 2023, the blue-chip Dow Jones Industrial Average caught fire to close out the year. Ever since the U.S. Federal Reserve telegraphed three interest rate cuts in 2024, the Dow broke above 37,000 and hit successive new all-time highs.

Why These 3 Dow Stocks Should Be on Your Radar in 2024

Monness Crespi Hardt & Co. on Wednesday launched coverage of American Express Co. AXP, +1.64%, Mastercard Inc. MA, +0.25% and Visa Inc. V, +0.63%, all with neutral ratings. While the three companies have benefitted from growth in personal consumption expenditures (PCE) by their client base, volume growth is expected to flatten in the peer-to-merchant business and “could meaningfully slow in a recession,” said analyst Jim Chartier.

American Express, Mastercard, Visa draw neutral rating at Monness Crespi Hardt initiates coverage

Microsoft

Verizon

American Express' momentum is poised to roll over into the new year. Microsoft should continue to benefit from the generative AI boom.

A New Bull Market Is Here for the Dow Jones. Here Are the 3 Best Dow Stocks to Buy for 2024.

The latest trading day saw American Express (AXP) settling at $182.76, representing a +1.25% change from its previous close.

Why American Express (AXP) Outpaced the Stock Market Today

Coca-Cola

Moody's

Warren Buffett's phenomenal investment track record has earned him acclaim on Wall Street. A small number of Berkshire's holdings are responsible for $196.2 billion in unrealized gains (not counting dividends).

Warren Buffett Has Gained Over $196 Billion From Only 4 Stocks

American Express has launched a campaign to increase acceptance of its cards in Australia. The company's OptBlue program is set to onboard “thousands” of small merchants onto American Express's network via two merchant acquirers, Fiserv and Tyro, the company said in a news release provided to PYMNTS Sunday (Dec. 17).

Amex Aims to Onboard Thousands of Small Australian Merchants

Apple is Berkshire Hathaway's largest holding by far and its shares have skyrocketed more than 50% in 2023. American Express has been a Buffett stock for decades and has delivered a year-to-date gain of over 20% Moody's ranks as Berkshire's eighth-largest holding and its stock is up more than 40% this year.

These 3 Stocks Have Made Warren Buffett the Most Money in 2023. Are They No-Brainer Buys for the New Year?

Airbnb

Amazon

Dutch Bros

Chipotle

Global-e Online Ltd

Lululemon Athletica

MercadoLibre

Marqeta

Nu Holdings

Your best strategy to beat the market is to choose a basket of high-quality stocks and hold them for the long term. Evaluate each of your stocks regularly to see if the original reasons why you bought them still apply today.

My Top 10 Stocks to Buy in 2023 Beat the Market by 160%. Should You Buy Them for 2024?

Home Depot

Some swear the market is about to go on a tearing rally and stay in a bull market for the foreseeable future; others say that the Federal Reserve is only entertaining rate cuts, preparing to cushion some economic crash soon.

3 stocks with high returns to hold this decade

NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, January 26, 2024, to discuss fourth-quarter and full-year 2023 financial results. The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/. The financial results and presentation materials are scheduled to be released and posted on the website at appro.

American Express Plans Live Audio Webcast of Fourth Quarter 2023 Earnings Conference Call

American Express has the potential to acquire the Apple Card partnership from Goldman Sachs, which would open up card spend from the key demographic of Gen Z. The partnership would align Amex with a younger, tech-oriented consumer base and leverage its appeal among millennials and Gen Z. The potential partnership could add billions of dollars to Amex's market cap and could significantly increase its net income.

American Express: Big Apple Card Opportunity

Advanced Micro Devices

Target

As the year draws its curtains, the financial landscape braces itself for a familiar seasonal phenomenon: the Santa Claus Rally. However, this year's festive market surge unveils more than just seasonal cheer; it spotlights three formidable contenders poised to captivate investors' attention and potentially outshine amid the market jubilation.

Ho-Ho-Hold These 3 Stocks for a Merry Santa Claus Rally

American Express (AXP) closed at $168.39 in the latest trading session, marking a -0.02% move from the prior day.

American Express (AXP) Stock Slides as Market Rises: Facts to Know Before You Trade

American Express has launched Reward Xcelerator, a new initiative aimed at strengthening its Membership Rewards program in India. This program offers Platinum Charge cardmembers the opportunity to earn up to 20X rewards across a range of premium brands, the company said in a Friday (Dec. 8) press release.

American Express Launches New Rewards Program in India

Warren Buffett has overseen a nearly 20% annualized return for his company's Class A shares (BRK.A) dating back almost 60 years. Portfolio concentration is the unsung hero of Berkshire Hathaway's $363 billion investment portfolio.

79% of Warren Buffett's $363 Billion Portfolio Is Invested in Just 6 Stocks

Extra Space Storage

Main Street Capital

QUALCOMM

Exxon Mobil

Dividend investing is a lot easier than real estate. It takes less work to set up and manage a portfolio of reliable dividend stocks.

Boost Your Passive Income with 7 Reliable Dividend Stocks

Identifying the best Warren Buffett stocks requires a keen eye for value. Very few investors are able to effectively embody this philosophy.

The 3 Best Warren Buffett Stocks to Buy in December

American Express Company (NYSE:AXP ) Goldman Sachs 2023 US Financial Services Conference December 5, 2023 11:20 AM ET Company Participants Stephen Squeri - Chairman and Chief Executive Officer Conference Call Participants Ryan Nash - Goldman Sachs Ryan Nash All right. We're going to get started here.

American Express Company (AXP) Goldman Sachs 2023 US Financial Services Conference

That's American Express Co. Chief Executive Stephen Squeri, discussing business trends thus far in the fourth quarter.

Amex's stock falls as company says October trends softened

American Express shares have risen 10% in the past year and 26% since my last article, and I see further upside potential. AXP is winning in the marketplace, attracting younger consumers and experiencing strong card growth while spending per card is also rising. The company's financial performance is solid, with increased spending levels, rising revenues, and positive operating leverage.

American Express: Ongoing Growth Makes It Attractive

If software is the engine of the 21st-century business landscape, data is its oil. And the oil is only becoming more valuable — and important — as generative artificial intelligence bursts onto the scene.

News for American Express Stock (AXP)