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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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

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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.

Warren Buffett (Trades, Portfolio), the legendary investor and CEO of Berkshire Hathaway Inc. ( BRK.A , Financial) (BKR.B), has emphasized the importance of earnings consistency in his letters to shareholders over the years.

Warren Buffett, Earnings Consistency and American Express

Apple

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Warren Buffett, renowned as the Oracle of Omaha, stands as a titan in the world of finance. His astute investment strategies and unparalleled insights have elevated him to the status of one of the most successful stock market investors in history.

Here's how much copy-trading Warren Buffett's portfolio yielded in 2023

Citigroup

Goldman Sachs

It's been a tough year for banks and the financial services industry, primarily from the implosion of several regional lenders that resulted in government takeovers. Year to date, the S&P Banks Select Industry Index is down 7%.

Sell Alert: 3 Financial Services Stocks to Dump ASAP

American Express is a strong company with a global presence and competitive advantages through its merchant ecosystem. AXP has provided strong returns to shareholders over the past 5 years, outperforming the tech-heavy S&P 500. Despite some risks, such as rising net write-off rates, AXP is expected to continue its revenue and earnings growth, making it an attractive investment for total return investors.

American Express: A Terrific Stock To Put In The Wallet

American Express is a "compounder stock" with a history of generating alpha and has a deep moat. There are some major cyclical headwinds that will likely cause a drawdown in earnings and a buying opportunity lower. American Express is thought of as undervalued when in reality I think it is likely overvalued because it is compared to other credit card companies with very different risks.

American Express: Great Business But Wrong Timing

American Express stock has underperformed the market, but there are reasons to consider adding to a position. The company has expanded its partnerships and global acceptance, providing exclusive benefits to customers. Changing demographics, with more Millennials and Gen Z consumers, align with American Express' focus on travel and experiences.

American Express: Changing Demographics Supports Long-Term Thesis

American Express' share price has declined since my previous article but my investment case for the company remains unchanged. The latest earnings were very solid, with double digits growth in both the top and the bottom line, driven by higher interest income. The US economy remains resilient, especially on the consumer side, which should provide solid support for consumer spending.

American Express Q2 Earnings: Unjustifiably Discounted

Despite worries about the credit card and banking businesses, American Express continues to post strong results.

Here's Why American Express Could Be a Bargain for Patient Investors

American Express posted mixed Q2 numbers. Higher loss rates and reserves are unnerving investors.

Is Now the Right Time to Buy American Express Stock?

Warren Buffett has led Berkshire Hathaway's Class A shares (BRK.A) to a greater-than-4,200,000% return in under six decades. The Oracle of Omaha believes diversification is only necessary if you don't know what you're doing.

69% of Warren Buffett's $378 Billion Portfolio Is Invested in Just 4 Stocks

Dow Inc

Honeywell

Intel

McDonald's

Microsoft

Procter & Gamble

Verizon

Dow Jones falls more than 200 points, ending the historic 13-day rally, on investor fears that strong economic data could bring more rate hikes.

Dow Jones Today: Index Plunges, Ending Streak, on Concern About Rate Hikes

American Airlines

Alphabet

Morgan Stanley

Netflix

Tesla

Markets continue to trend higher, with the Dow Jones Industrial Average now on the longest win streak in history. The Nasdaq index is up 35% on the year, with the S&P 500 up nearly 20% since Jan. The upsurge is being driven by a number of growth stocks, many of which just reported strong second-quarter earnings.

If You Can Only Buy One Growth Stock, It Better Be One of These 7 Names

American Express spending on travel is growing in the double-digit percentages. The company has a customer base that should spend money throughout the credit cycle, making it more recession resistant.

What Is American Express Saying About the State of the Travel Market?

NEW YORK--(BUSINESS WIRE)--American Express (NYSE:AXP): What it is: The American Express Sync™ Commercial Partner Program gives fintechs and software providers an easy and seamless way to embed American Express® virtual Cards into their own spend management, procurement, and other business software solutions. Additional business-to-business (B2B) payment and data capabilities, including the ability for fintechs to integrate virtual Cards that can be added to several mobile wallets, will be intr.

American Express Launches Sync™ Commercial Partner Program, Offering New Suite of B2B APIs for Fintechs

American Express Co. has ridden strong growth in millennial spending lately, but one analyst worries the company's exposure to younger customer bases will soon come back to bite it.

American Express's millennial-spending boom could cool amid student-debt repayments: analyst

American Express reported its Q2 2023 revenue was short of expectations, sending the company's share price tumbling by 4.4% at the Friday market open.

Amex Down 4.4% as Revenue Misses Expectations

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.

Amex Sales Miss Estimates as Growth Slows and It Sets Aside More Money for Defaults

American Express (AXP) Q2 results reflect continued business momentum from record card member spending and improving credit performance.

American Express (AXP) Tops on Q2 Earnings, Reaffirms View

American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.

American Express reports record spending: ‘We feel really confident'

American Express Company (NYSE:AXP ) Q2 2023 Earnings Conference Call July 21, 2023 8:30 AM ET Company Participants Kerri Bernstein - Head, IR Stephen Squeri - Chairman & CEO Jeff Campbell - CFO Christophe Le Caillec - Deputy Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Ryan Nash - Goldman Sachs Betsy Graseck - Morgan Stanley Richard Shane - JPMorgan Robert Napoli - William Blair Craig Maurer - FT Partners Lisa Ellis - MoffettNathanson Arren Cyganovich - Citi Dominick Gabriele - Oppenheimer Don Fandetti - Wells Fargo Mihir Bhatia - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q2 2023 Earnings Call.

American Express Company (AXP) Q2 2023 Earnings Call Transcript

American Express Company (NYSE: AXP) says continued demand for travel and entertainment pushed spending to a record high in the second quarter. Its shares are still down roughly 5.0% this morning.

American Express says it did not see signs of credit stress in Q2

American Express Co. boosted its provisions for credit losses in the latest quarter, though executives anticipate credit trends will remain healthy.

Why American Express is feeling good about credit, even as it builds reserves

Shares of the credit card and services giant American Express NYSE: AXP are trading lower by as much as 5.5% during Friday's trading session, scaring some investors and exciting some as well; patient value investors need to decide which side of the emotional spectrum they will fall on today.

American Express Hiccups After Earnings, Time To Buy?

Schlumberger

The stock market opened slightly higher on Friday morning. American Express shares fell after a strong earnings report included a boost in credit loss provisions.

Everybody's Talking About These 2 Stocks Friday Morning

American Express (AXP) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.57 per share a year ago.

News for American Express Stock (AXP)