Customer EngagementThe U.S. Platinum Card refresh represents one of the largest investments in the history of the company, with demand and engagement exceeding expectations and account acquisitions doubling compared to pre-refresh levels.
Financial PerformanceAmerican Express increased its 2025 revenue and EPS outlook, reflecting confidence in future growth.
Market ValuationAmex shares trade at a 9% discount to the S&P 500, which is viewed as unwarranted given above-market top- and bottom-line growth, industry-leading credit quality, and strong ROE.