---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-24-000029"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T17:18:26.209956+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Express Q1 revenue $15.8B (+11%), EPS $3.33 (+39%); FY2024 guidance reaffirmed

## Summary
- Revenue $15.8B (+11% YoY); EPS $3.33 vs $2.40 in Q1 2023.
- Card Member spending (billed business) $367.0B, up 6% reported (7% FX-adjusted).
- Net income $2.4B (+34%); provisions for credit losses $1.3B (+20% YoY).
- New card acquisitions of 3.4 million; fee-based products ~70% of new accounts.
- Quarterly dividend raised to $0.70/share from $0.60, a 17% increase.

## SEC filing metadata
- accession: 0000004962-24-000029
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2024-04-19T23:59:59+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/4962/000000496224000029/0000004962-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496224000029/axp-20240419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-24-000029
- JSON: https://secwatch.observer/filing/0000004962-24-000029.json
- Plain text: https://secwatch.observer/filing/0000004962-24-000029.txt

## Key facts
- Earnings Releases
  AMERICAN EXPRESS CO reported full-year 2024 results: EPS $12.65 to $13.15. Guidance reaffirmed.
  - Period: full-year 2024
  - EPS: $12.65 to $13.15
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Based on our results to date and the trends we are seeing in our business, we continue to expect full-year 2024 revenue growth of 9 percent to 11 percent and EPS of $12.65 to $13.15.
  evidence_url: https://www.sec.gov/Archives/edgar/data/4962/000000496224000029/0000004962-24-000029-index.htm

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