secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0000004962-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Express FY2022 revenue up 25% to $52.9B; guides FY2023 EPS $11.00-11.40
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- Q4 revenue record $14.2B (+17% YoY); EPS $2.07 vs $2.18 a year ago.
- FY2022 EPS $9.85 vs $10.02; provisions for credit losses $2.2B vs benefit of $1.4B in 2021.
- Guides FY2023 revenue growth 15-17% and EPS $11.00-$11.40.
- Plans to raise quarterly dividend 15% to $0.60/share starting Q1 2023.
- Record 12.5 million new Card accounts added in 2022; card member spending drove growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496223000004/0000004962-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496223000004/axp-20230127.htm
  HTML page:      https://secwatch.observer/filing/0000004962-23-000004

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