American Express Company
American Express logo (2018).svg
Traded as NYSE: AXP
S&P 100 component
S&P 500 component
Predecessor Livingston, Fargo & Company
Wells, Butterfield & Company
Wells & Company
Founded March 18, 1850; 168 years ago, in Buffalo, New York, U.S.
Headquarters 200 Vesey Street, New York City, New York, U.S.
Stephen J. Squeri
(Chairman & CEO)
Jeffrey C. Campbell
(Executive VP & CFO)
Products Charge cards
Revenue Increase US$ 33.47 billion (2017)
Decrease US$ 7.41 billion (2017)
Decrease US$ 2.74 billion (2017)
Total assets Increase US$ 181.16 billion (2017)
Total equity Decrease US$ 18.23 billion (2017)
Number of employees
Footnotes / references
The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its charge card, credit card, and traveler's cheque businesses.
In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the US. As of December 31, 2017, the company had 112.8 million cards in force, including 50 million cards in force in the United States, each with an average annual spending of $18,519.
In 2017, Forbes named American Express as the 23rd most valuable brand in the world (and the highest within financial services), estimating the brand to be worth US$24.5 billion. In 2018, Fortune ranked American Express as the 14th most admired company worldwide, and the 23rd best company to work for.