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American Express Q1 Results: Profits jump 34%, helped by jump in new customers, higher spending

American Express s Q1 profits soared by 34%, fueled by increased cardmember spending and interest income growth. The company s revenue sources expanded, with a focus on attracting high-quality customers despite payment challenges. ....

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Amex Revenue Jumps as Consumers Flock to Pricey Premium Cards

Amex Revenue Jumps as Consumers Flock to Pricey Premium Cards
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60% of New Amex Accounts Are Opened by Gen Z, Millennials

In its Q1 earnings reporting, American Express said the majority of its account openings have been from Gen Z and millennial consumers. ....

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