Article

American Express Results U.S./Worldwide—2019

After-tax net income for American Express for 2019 slid 2.3% to $6.76 billion on revenue (net of interest expense) of $43.56 billion, an increase of 8.0%. In the United States, consumer and commercial credit (including charge) and prepaid card purchase volume for goods and services grew 6.3% to $820.59 billion. That spending included cards issued by partners listed below. Outstanding U.S. credit card receivables grew 4.7% to $125.42 billion. Cards in circulation in the U.S. at December 31, 2019, grew 1.9% to 54.7 million. American Express’s U.S. card-issuing partners are Bank of Americ...

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