American Express' top brass reassured investors concerned about intensifying competition for affluent customers after ...

American Express’ affluent cardmembers are showing few signs of curbing their spending, ... The American Express logo in a shop window in New York. Scott Eells / Bloomberg via Getty Images file.

The American Express logo in a shop window in New York. Scott Eells / Bloomberg via Getty Images file. Jan. 24, 2025, 6:14 PM EST / Source: CNBC. By Hugh Son, CNBC.

American Express beat Wall Street estimates for first-quarter profit on Thursday, ... Credit card is seen in front of displayed American Express logo in this illustration taken, July 15, 2021.

American Express shares were down 2.5% to $317.64 shortly after the market opened. They set a record closing high at $325.87 on Thursday and have risen about 75% over the last 12 months.