Reported 3 days ago
American Express achieved record revenues in Q3 2025, driven by the spending of affluent millennial and Gen Z Platinum members. The company reported a net income of $2.9 billion, a 16% increase from last year, with total revenue reaching an all-time high of $18.43 billion. CEO Steve Squeri highlighted the strong engagement and customer demand for their refreshed premium products, underscoring the importance of younger consumers to the company's growth strategy as they adapt to new lifestyle and digital needs.
Source: YAHOO