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AMERICAN EXPRESS CO

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 7, 2025

AXP$320.99-1.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Index to Consolidated Financial Statements

CONSOLIDATED FINANCIAL STATEMENTSPAGE
Consolidated Statements of Income – For the Years Ended December 31, 2024, 2023 and 202297
Consolidated Statements of Comprehensive Income – For the Years Ended December 31, 2024, 2023 and 202298
Consolidated Balance Sheets – December 31, 2024 and 202399
Consolidated Statements of Cash Flows – For the Years Ended December 31, 2024, 2023 and 2022100
Consolidated Statements of Shareholders’ Equity – For the Years Ended December 31, 2024, 2023 and 2022101
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS102
Note 1 – Summary of Significant Accounting Policies102
Note 2 – Loans and Card Member Receivables108
Note 3 – Reserves for Credit Losses118
Note 4 – Investment Securities121
Note 5 – Asset Securitizations124
Note 6 – Other Assets125
Note 7 – Customer Deposits127
Note 8 – Debt128
Note 9 – Other Liabilities131
Note 10 – Stock-Based Compensation132
Note 11 – Retirement Plans135
Note 12 – Contingencies and Commitments136
Note 13 – Derivatives and Hedging Activities139
Note 14 – Fair Values142
Note 15 – Guarantees147
Note 16 – Common and Preferred Shares147
Note 17 – Changes in Accumulated Other Comprehensive Income (Loss)149
Note 18 – Service Fees and Other Revenue and Other Expenses150
Note 19 – Restructuring150
Note 20 – Income Taxes151
Note 21 – Earnings Per Common Share (EPS)154
Note 22 – Regulatory Matters and Capital Adequacy155
Note 23 – Significant Credit Concentrations157
Note 24 – Reportable Operating Segments and Geographic Operations158
Note 25 – Parent Company161
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.