American Express Company
name
American Express Company
id
AXP
summary
American Express Company (Amex) is an American multinational financial services corporation specializing in payment card services. Founded in 1850 as a freight forwarding company, it introduced financial and travel services in the early 1900s. Amex is known for its charge cards, credit cards, and traveler's cheques. It is the fourth-largest card network globally based on purchase volume. Amex cards are categorized into Green, Gold, Platinum, and Black (Centurion), with higher ranks indicating higher priority levels. The company also operates airport lounges offering access to certain cardholders. As of 2023, Amex reported a revenue of US$60.52 billion, an operating income of US$10.51 billion, a net income of US$8.374 billion, total assets of US$261.1 billion, total equity of US$28.06 billion, and 74,600 employees.
Industry
Banking, Payment card services
Founded
March 18, 1850; 174 years ago, in Buffalo, New York, U.S.
Headquarters
200 Vesey Street, New York City, United States
Area served
Worldwide
Key people
Stephen J. Squeri(Chairman & CEO), Jeffrey C. Campbell(Executive VP & CFO)
Products
Charge cards, Credit cards, Debit cards, Traveler's cheques, Corporate banking
Services
Payment card services, Insurance, Travel
Revenue
US$60.52 billion (2023)
Operating income
US$10.51 billion (2023)
Net income
US$8.374 billion (2023)
Total assets
US$261.1 billion (2023)
Total equity
US$28.06 billion (2023)
Number of employees
74,600 (2023)
Website
americanexpress.com