Categories AlphaGraphs, Earnings, Finance, Technology
AXP Earnings: All you need to know about American Express’ Q2 2023 earnings results
American Express Company (NYSE: AXP) reported its second quarter 2023 earnings results today.
Total revenues, net of interest expense, were $15.1 billion, up 12% from the same period a year ago, driven mainly by higher average loan volumes and increased Card Member spending.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/07/American-Express-Q2-2023-Earnings-Infographic-577x1024.jpg)
Net income grew 11% to $2.17 billion and EPS rose 12% to $2.89 compared to last year.
Total network volumes rose 8% year-over-year to $426.6 billion.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/04/American-Express-Q1-2023-Earnings-Infographic-577x1024.jpg)
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