Today, American Express announced a record second-quarter revenue of $17.9 billion, a 9% increase year-over-year, along with earnings per share of $4.08.
AmEx’s shares rose 1.4% pre-trading after the announcement. In 2025, company shares have increased by 6.3%, accompanying a 7% rise in the benchmark S&P 500.
Today’s earnings highlights included:
- The results of the 2025 Comprehensive Capital Analysis and Review demonstrated that American Express has the lowest projected credit card loss rate and highest projected Return on Assets under the Federal Reserve’s stress test.
- American Express announced major updates coming to the Consumer and Business Platinum Cards in the U.S. this fall.
- The new Coinbase One Card will launch on the American Express network.
- The company ranked #1 U.S. Credit Card Mobile App and #1 U.S. Credit Card Website Experience for Customer Satisfaction by J.D. Power.
- American Express ranked #4 on the 2025 Best Companies to Work For® in the U.S. list by Great Place to Work
The New York-based company also increased its credit loss provisions to $1.4 billion, up from $1.3 billion the previous year.
Stephen J. Squeri, AmEx Chairman and Chief Executive Officer told investors: “Our second-quarter results continued the strong momentum we have seen in our business over the last several quarters, with revenues growing 9 percent year-over-year to reach a record $17.9 billion, and adjusted EPS rising 17 percent. We saw record Card Member spending in the quarter, demand for our premium products was strong, and our credit performance remained best in class. Based on our strong performance year to date, we are reaffirming our full-year guidance for revenue growth of 8 to 10 percent and EPS of $15.00 to $15.50.”
Moving forward, Squeri said, “Looking at the upcoming refresh of our U.S. Consumer and Business Platinum Cards this fall, we are confident in our ability to sustain our leadership in the premium space, drawing on our competitive strengths. With our differentiated Membership model and proven product refresh strategy, combined with the expansion of the premium category, we see a long runway for growth.”
By CEO NA Editorial Staff