American Express

We recently brought global non-profit leaders together for a series of events in London including the Leadership Academy, hosted by American Express and Common Purpose with support from Hilton and Delta Air Lines, and an inspiring panel discussion timed to the Wimbledon Women’s Finals match. Participants heard firsthand from key speakers and engaged in community experiences and networking opportunities to help enhance their change making skills.    "This year’s Leadership Academy in London brought together an incredible group of non-profit leaders for in-person programming and inspiring conversations about the ways we can deepen our impact in the communities where we live and work. Non-profit leaders believe in their work and tell their stories from the heart, and we are helping to equip them with the skills they need to break through all the noise out there and make sure their stories resonate, so they can raise more awareness for their organizations,” said Jennifer Skyler, Chief Corporate Affairs Officer at American Express.    Read more insights the dynamic leaders shared at these events: https://lnkd.in/gSrsFM9e

American Express announced the latest refresh of the U.S. Consumer Gold Card. While this marks the first time the U.S. Consumer American Express Gold Card has been refreshed since 2018, the Card itself has been in-market for over 55 years and has experienced decades of innovation and evolution that has led it to become a coveted Card among Millennials and Gen Z. Read more about the history of the Gold Card: https://go.amex/NWGRWD

Thanks to Good Morning America for helping us to surprise Sylvia’s Restaurant with a $50,000 Backing Historic Small Restaurants grant awarded in partnership with the National Trust for Historic Preservation. Watch the team at Sylvia’s Restaurant react to the news here: https://lnkd.in/e3pdMrzN

Congratulations to the 2024 recipients of American Express’ “Backing Historic Small Restaurants” grant program in partnership with the National Trust for Historic Preservation. 50 small restaurants in the U.S. will receive a $50,000 grant to help them upgrade, renovate, and grow their businesses. In its fourth year, the Backing Historic Small Restaurants grant program has now reached all 50 states across the U.S., plus Washington D.C. and Puerto Rico, supporting 125 historic small restaurants to date.     Madge Thomas, Head of Corporate Sustainability at American Express said: “Small restaurants are vital to our communities, and their impact perseveres, as they continue to innovate and make their neighborhoods more vibrant and connected. This year’s grantees represent the rich traditions and iconic stories of communities across the U.S. I’m so proud that we’re able to help them grow and continue to build their legacy.”       Read more: https://lnkd.in/eXRx7tbk

As we celebrate #NationalInternDay, we’d like to recognize our amazing interns around the world for their contributions and impact in career areas like Tech, Finance, Consumer Banking and more on #TeamAmex. Our hundreds of interns have been learning new skills and building connections with colleagues, all while bringing their unique talents and perspectives to the Blue Box. Thank you to all of our 2024 interns! Interested in interning at Amex? Explore our student opportunities: https://lnkd.in/gx33Ww88

We went beyond the court to provide unique experiences at the WNBA (Women's National Basketball Association) All-Star in Phoenix, AZ and #TeamAmex colleagues in our Phoenix office joined the celebration. Some lucky colleagues got a sneak peek of the Amex Experience at WNBA All-Star where they enjoyed an immersive experience, unlocked their inner fandom and received some fun takeaways. 

Today, American Express reported its second-quarter 2024 financial results, with quarterly revenue reaching an all-time high of $16.3 billion, up 8%, or 9% on an FX-adjusted basis. Earnings per share increased 44% year-over-year to $4.15, or 21% to $3.49 excluding a transaction gain, demonstrating the continued strong performance of our core business. Chairman and Chief Executive Officer Steve Squeri said: “Since the end of 2021, we have significantly grown the scale of our business, increasing revenues by nearly 50% and Card Member spending by almost 40%, while adding around 23 million new cards and over 30 million merchant locations. This increased scale, combined with our premium, high-credit quality customers, our well-controlled expense base and our successful investments to continuously enhance our Membership Model, fuels the earnings power of the core business and reinforces our confidence in our ability to deliver strong bottom-line growth.”   Read more about our second-quarter results in our full earnings release, which includes an explanation of FX-adjustments and a reconciliation for EPS excluding a transaction gain of $0.66 per share, a non-GAAP financial measure, here: https://lnkd.in/eTiXW4Ve.

We issued the latest Amex Trendex: Business Travel Edition, which explores business traveler access to amenities at the airport or their hotel, the evolution of travel policies, and the state of business travel technology. Read more about these trends and which destinations should be top of mind for business travelers: https://lnkd.in/gCsVdcyN

Today we opened a new Centurion Lounge at Ronald Reagan Washington National Airport (DCA) in Terminal 2, past the South Security Checkpoint. At nearly 12,000 square feet, the lounge's design celebrates the rich history and architecture of the nation's capital along with a collection of art commissioned by local artists. For the first time ever in a Centurion Lounge, eligible Card Members can enjoy popular dishes from three award winning chefs who have created exceptional menus for the Centurion Lounges in Miami, San Francisco and Philadelphia, Chef Michelle Bernstein, Chef Ravi Kapur, and Chef Michael Solomonov. Read more: https://go.amex/GsqNrn

The final evening of this week's American Express Leadership Academy took place at US Ambassador Jane Hartley's residence in London, bringing together leaders from the private and public sectors to meet with participants.   Congratulating the participants, Anna Marrs, Group President, Global Commercial Services and Credit & Fraud Risk at American Express said, "This Leadership Academy group is working on some of the world's most difficult challenges, across healthcare, the environment and education. And American Express hopes that we can contribute to your leadership journey, both through this program and through the ongoing network it creates."   Embassy of the United States of America, London and Common Purpose.