American Express Company ... and robust earnings growth. The company is benefiting from increased spending by Millennials and Gen Z, who prioritize experiences over possessions, driving demand ...

American Express Co.’s bet on Gen Z customers is paying off, with the segment accounting for around 5% of all US spending on ...

American Express is in great shape even ... on Amex cards jumped 7.5% year over year and new-card growth was fueled by Gen Z and millennials, who made up the bulk of new customers.

But younger American Express cardholders seem to be telling a different story. Amex CEO Stephen Squeri said Gen Z and millennial customers have better-than-average FICO scores and spend less.

Younger customers are driving growth here too, with millennial and Gen Z members accounting for half of the high-yield savings accounts and a third of total balances. One way American Express ...

April 30, 2025 00:00 AM UTC - Updated May 13, 2025 15:41 PM UTC American Express is winning over Gen-Z by offering curated experiences and personalized rewards that resonate with younger audiences.

Spending growth remains robust, particularly among millennial and Gen Z cardholders. The company's valuation still commands a premium despite the recent pullback. American Express wrapped up 2024 ...