Cardmember spending, credit performance, and demand for the company’s premium products were strong in the first quarter, says Chief Executive Stephen Squeri.

“Our performance across key areas, including card member spending, customer retention, demand for our premium products, and credit performance, continued to be strong across our customer base, consistent with and in many cases better than what we saw in 2024,” Chief Executive Stephen Squeri said in a release Thursday morning.

American Express CEO Stephen Squeri said the firm saw first-quarter consumer spending "consistent with and in many cases better than what we saw in 2024." The company affirmed its full-year outlook of 8% to 10% revenue growth and EPS of $15.00 to $15.50 "subject to the macroeconomic environment."