American Express Company (AXP) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript
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Financial Services Conference December 10, 2025 9:20 AM EST Company Participants Stephen Squeri - Chairman & CEO Conference Call Participants Ryan Nash - Goldman Sachs Group, Inc., Research Division Presentation Ryan NashGoldman Sachs Group, Inc., Research Division All right. Up next, we're excited to have American Express joining us once again. Amex continued to deliver strong top line growth through increased customer acquisition, benefits from product refreshes, including its biggest product, the U.S. Platinum Card, and it continues to leverage its best-in-class brand. Here to tell us more about the American Express story is Chairman and CEO, Steve Squeri. Steve, thank you once again for joining us. Stephen SqueriChairman & CEO My pleasure. Question-and-Answer Session Ryan NashGoldman Sachs Group, Inc., Research Division So maybe let's kick it off 2025 has been another outstanding year for Amex. You're on track to generate 9% to 10% revenue growth, mid-teens EPS growth. And as I noted, you successfully refreshed your biggest product or in the process of it. With that as a backdrop, maybe reflect on this year, what were the biggest achievements? And more importantly, how do you think this positions the company to succeed as we look ahead? Stephen SqueriChairman & CEO Good. Well, pleasure to be here again. Let me start. I mean, this year was an important year for us. It was our 175th year anniversary. So I'm going to take the 35 minutes and go through all 175 years. I mean if you look at this company over that period of time, it's a company that's been built on trust, service and security. It is a company that has constantly innovated. We started as FedEx before FedEx was FedEx and now we are the premium card provider in the industry. And I think that's an important -- that innovation piece is Recommended For You