American Express Company (BCBA:AXP)

American Express Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest and Dividend Income	25,598	23,795	19,983	12,658	9,033
Total Interest Expense	8,234	8,252	6,849	2,763	1,283
Net Interest Income	17,364	15,543	13,134	9,895	7,750
Commissions and Fees	54,865	50,406	47,381	41,330	33,074
Other Revenue	-	-	-	1,637	1,556
Revenue Before Loan Losses	72,229	65,949	60,515	52,862	42,380
Provision for Loan Losses	5,256	5,185	4,923	2,182	-1,419
Revenue	66,973	60,764	55,592	50,680	43,799
Revenue Growth (YoY)	10.22%	9.30%	9.69%	15.71%	39.68%
Salaries & Employee Benefits	8,920	8,075	7,888	7,110	6,250
Cost of Services Provided	37,354	33,496	30,369	27,550	22,053
Other Operating Expenses	7,044	6,856	6,601	5,998	5,550
Total Operating Expenses	53,318	48,427	44,858	40,658	33,853
Operating Income	13,655	12,337	10,734	10,022	9,946
Earnings From Equity Investments	-	-	-	-9	-13
Currency Exchange Gain (Loss)	121	102	82	8	-21
EBT Excluding Unusual Items	13,776	12,439	10,816	10,021	9,912
Restructuring Charges	-96	-123	-179	-142	10
Gain (Loss) on Sale of Investments	115	48	-124	-294	767
Pretax Income	13,795	12,895	10,513	9,585	10,689
Income Tax Expense	2,962	2,766	2,139	2,071	2,629
Net Income	10,833	10,129	8,374	7,514	8,060
Preferred Dividends & Other Adjustments	132	134	122	114	143
Net Income to Common	10,701	9,995	8,252	7,400	7,917
Net Income Growth	6.95%	20.96%	11.45%	-6.77%	157.10%
Shares Outstanding (Basic)	695	712	735	751	789
Shares Outstanding (Diluted)	696	713	736	752	790
Shares Change (YoY)	-2.38%	-3.13%	-2.13%	-4.81%	-1.98%
EPS (Basic)	15.40	14.04	11.23	9.85	10.03
EPS (Diluted)	15.38	14.01	11.21	9.85	10.02
EPS Growth	9.78%	24.98%	13.81%	-1.70%	165.78%
Free Cash Flow	16,002	12,133	16,994	19,223	13,007
Free Cash Flow Per Share	22.99	17.02	23.09	25.56	16.46
Dividend Per Share	3.280	2.800	2.400	2.080	1.720
Dividend Growth	17.14%	16.67%	15.38%	20.93%	-
Operating Margin	20.39%	20.30%	19.31%	19.78%	22.71%
Profit Margin	15.98%	16.45%	14.84%	14.60%	18.08%
Free Cash Flow Margin	23.89%	19.97%	30.57%	37.93%	29.70%
Effective Tax Rate	21.47%	21.45%	20.35%	21.61%	24.59%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.