American Express reports record FY2024 revenue of $65.9B, EPS $14.01, plans 17% dividend increase

AMERICAN EXPRESS CO

2024-FY EPS reported $14.01 revenue$38,825,000,000

FY2024 revenue rose 9% to $65.9B (10% FX-adjusted); net income $10.1B, EPS $14.01 up 25% YoY.
Q4 2024 revenue $17.2B up 9% (10% FX-adjusted); net income $2.17B, EPS $3.04 up 16%.
Record 13 million new card acquisitions in FY2024; Card Member spending hit record levels.
FY2025 guidance: revenue growth 8-10%, EPS $15.00-$15.50; quarterly dividend to increase 17% to $0.82/share.

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