---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-23-000027"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:13:37.761709+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Express posts record Q2 revenue of $15.1B (+12% YoY); EPS $2.89 (+12%); reaffirms FY2023 guidance

## Summary
- Record revenue of $15.1B, up 12% YoY; diluted EPS of $2.89, up 12% YoY (record).
- Card Member spending hit all-time high, up 8% FX-adjusted; T&E spending up 14% FX-adjusted.
- Reaffirmed full-year 2023 guidance: revenue growth 15-17% and EPS $11.00-$11.40.
- Extended Hilton co-brand partnership to 2033; over 70% of new accounts on fee-based products.
- Provisions for credit losses rose to $1.2B from $410M YoY; net write-off rate 2.0% vs 0.9% YoY.

## SEC filing metadata
- accession: 0000004962-23-000027
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496223000027/0000004962-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496223000027/axp-20230721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-23-000027
- JSON: https://secwatch.observer/filing/0000004962-23-000027.json
- Plain text: https://secwatch.observer/filing/0000004962-23-000027.txt

## Key facts
- Earnings Releases
  AMERICAN EXPRESS CO reported the second quarter ended June 30, 2023 results: revenue $15.1 billion, net income $2.2 billion, EPS $2.89. Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $15.1 billion
  - Net income: $2.2 billion
  - EPS: $2.89
  - Guidance: reaffirmed
  - Result: reported results
  source text: Kerri S. Bernstein, Kerri.S.Bernstein@aexp.com, +1.212.640.5574 Michelle A. Scianni, Michelle.A.Scianni@aexp.com, +1.212.640.5574 AMERICAN EXPRESS REPORTS RECORD REVENUE OF $15.1 BILLION, UP 12% FROM THE PRIOR YEAR, WITH CARD MEMBER SPENDING REACHING A QUARTERLY HIGH SECOND-QUARTER EARNINGS PER SHARE ROSE 12% TO RECORD $2.89 COMPANY REAFFIRMS FULL-YEAR 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/4962/000000496223000027/0000004962-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.