American Express (AXP): FY24 Q4 earnings call, Jan 24, 2025

No Kalshi or Polymarket word markets were listed for American Express’s Jan 24, 2025 earnings call (FY24 Q4). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

16 matches for “Expense”; 5 quoted, at least 25 words apart.

Stephen Squericompanyprepared

…also saw continued high Card Member retention, best-in-class credit performance and disciplined expense management. Notably, we exited the year with increased momentum as fourth quarter…

Christophe Le Cailleccompanyprepared

…quarter and are still below levels from five years ago. Total provision expense was down from a year ago as we build fewer reserves. These…

Christophe Le Cailleccompanyprepared

…impact from changes to the fed funds rate. I'll turn next to expenses on Slide 15. In Q4, the VCE to revenue ratio was 43%.…

Christophe Le Cailleccompanyprepared

…in the URR in the short-term. Stepping back, we expect overall VCE expenses to grow slightly faster than revenues in 2025 as we continue to…

Christophe Le Cailleccompanyprepared

…the historical trend. We ended the year with $6 billion in marketing expenses, up 16% for the full year as we invested at elevated levels…

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