American Express Company (Amex)
https://www.americanexpress.com
American Express Company, commonly known as Amex, is a multinational financial services corporation headquartered at 200 Vesey Street in New York City's Battery Park City. Founded in 1850 as an express delivery business, it has evolved into a globally integrated payments company. Its mission is to provide the world's best customer experience every day and to become essential to its customers by offering differentiated products and services that help them achieve their aspirations.
The company specializes in payment cards and operates a proprietary "closed-loop" network, acting as both the card issuer and payment processor. American Express offers a diverse portfolio of products and services, including charge and credit cards (such as Platinum, Gold, Green, and Centurion Cards), traveler's cheques, personal and business banking solutions (savings accounts, CDs, checking, and loans), travel services, expense management tools, and merchant services. It serves a global customer base, including consumers, small businesses, mid-sized companies, and large corporations, with a particular focus on affluent and premium market segments.
Stephen J. Squeri has served as Chairman and CEO of American Express since 2018. In recent news, American Express released its 2026 Dodd-Frank Act Stress Test Results, maintaining a 2.5% Stress Capital Buffer, and announced a 16% increase in its quarterly common dividend to $0.95 per share. The company also proposed the acquisition of TheFork, a European restaurant booking platform, and launched new AI training and scholarship programs for small businesses. Additionally, American Express introduced eight new business products in 2026, including the Graphite™ Business Cash Unlimited Card, and integrated AI-driven software solutions like ChatGPT Business credit. American Express is recognized as the fourth-largest card network globally based on purchase volume.
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