---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-24-000008"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:51:34.808555+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Express reports record FY 2023 revenue $60.5B, EPS $11.21; guides FY 2024 EPS $12.65-$13.15

## Summary
- FY 2023 net income $8.4B, diluted EPS $11.21 (+14% YoY); total revenue $60.5B (+14% reported, +15% FX-adj).
- Q4 2023 EPS $2.62 vs $2.07 YoY; revenue $15.8B (+11%). Provisions for credit losses $1.4B vs $1.0B.
- 2024 guidance: revenue growth 9-11%, EPS $12.65-$13.15. Management cites continued momentum and premium demand.
- Quarterly dividend increased 17% to $0.70/share, starting Q1 2024 declaration.
- Added 12.2M new proprietary cards in 2023; total cards-in-force >140M. Billed business $1.46T (+9% YoY).

## SEC filing metadata
- accession: 0000004962-24-000008
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2024-01-26T23:59:59+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/4962/000000496224000008/0000004962-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496224000008/axp-20240126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-24-000008
- JSON: https://secwatch.observer/filing/0000004962-24-000008.json
- Plain text: https://secwatch.observer/filing/0000004962-24-000008.txt

## Key facts
- Earnings Releases
  AMERICAN EXPRESS CO reported full-year 2023 results: revenue $60,515, net income $8,374, EPS $11.21. Guidance reaffirmed.
  - Period: full-year 2023
  - Revenue: $60,515
  - Net income: $8,374
  - EPS: $11.21
  - Guidance: reaffirmed
  - Result: reported results
  source text: December 31, Percentage Inc/(Dec) 2023 2022 2023 2022 Billed Business (Billions) $379.8 $357.4 6% $1,459.6 $1,338.3 9% Total Revenues Net of Interest Expense $15,799 $14,176 11% $60,515 $52,862 14% FX-adjusted 1 $14,225 11% $52,833 15% Total Provisions for Credit Losses $1,437 $1,027 40% $4,923 $2,182 # Net Income $1,933 $1,572 23% $8,374 $7,514 11% Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/4962/000000496224000008/0000004962-24-000008-index.htm
- Earnings Releases
  AMERICAN EXPRESS CO reported Quarters Ended December 31, 2023 results: revenue $15,799, net income $1,933, EPS $2.62.
  - Period: Quarters Ended December 31, 2023
  - Revenue: $15,799
  - Net income: $1,933
  - EPS: $2.62
  - Result: reported results
  source text: Years Ended December 31, Percentage Inc/(Dec) 2023 2022 2023 2022 Billed Business (Billions) $379.8 $357.4 6% $1,459.6 $1,338.3 9% Total Revenues Net of Interest Expense $15,799 $14,176 11% $60,515 $52,862 14% FX-adjusted 1 $14,225 11% $52,833 15% Total Provisions for Credit Losses $1,437 $1,027 40% $4,923 $2,182 # Net Income $1,933 $1,572 23% $8,374
  evidence_url: https://www.sec.gov/Archives/edgar/data/4962/000000496224000008/0000004962-24-000008-index.htm

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