American Express has reported a strong fiscal year 2025 with a 10% increase in revenues compared to the previous year, reaching a total of $72.2 billion. The company's fourth-quarter consolidated total revenues net of interest expense also experienced a 10% increase year-over-year, amounting to $19.0 billion. Additionally, the company's billed business for the fiscal year 2025 reached $1,669.8 billion, marking an increase of 8% from the previous year.
The net income for the year totaled $10.8 billion, demonstrating a 7% increase from the previous year. Diluted earnings per common share (EPS) for the fiscal year 2025 stood at $15.38, reflecting a 10% rise from the previous year, or a 15% increase when excluding the prior-year accertify transaction gain.
Furthermore, American Express reported a 9% growth in card member spending for the fourth quarter of 2025, or 8% FX-adjusted, indicating a strong performance in this key area of its business. The company also saw a 9% increase in total revenues net of interest expense for the fiscal year, amounting to $72.2 billion.
The company's strategic investments in areas such as the U.S. Platinum card refresh and technology enhancements have proven successful, driving increased customer demand, engagement, and loyalty. Looking ahead, American Express anticipates revenue growth of 9% to 10% for the full year 2026, with an expected EPS in the range of $17.30 to $17.90. Additionally, the company plans to increase its quarterly common stock dividend by approximately 16%.
In terms of business highlights, American Express extended its British Airways cobrand card partnership, launched dining companion as part of its gen AI and agentic commerce initiatives, and opened its 31st Centurion Lounge at the Salt Lake City International Airport.
Following these announcements, the company's shares moved 2.08%, and are now trading at a price of $364.79. Check out the company's full 8-K submission here.
