American Express Company

- No explicit mention of current or future new fundraising through debt or equity was made in the provided transcript excerpts. - The company is evolving its funding mix toward more deposits, which are described as the most economical and stable source of funding (Christophe Le Caillec, CFO). - Deposit balances are below FDIC insurance limits, supporting cost-effective funding and growth aspirations. - Capital management includes returning excess capital generated to shareholders and maintaining CET1 ratio within the target range of 10%-11% (Slide 17). - There is no indication of planned equity issuance or new debt offerings; instead, capital is being managed prudently with a focus on efficiency and shareholder returns. - The company plans to reinvest gains from a pending sale of a certified business (mentioned as future event) back into the business but not specifically through debt or equity issuance.

- American Express plans to reinvest a substantial portion of the sizable gain expected from the sale of their certified business back into the company, as done with similar past transactions (Page 2). - The company continues to invest in marketing to support strong customer acquisition and engagement, with increased marketing spend planned for 2024 (Page 2). - There is a focus on product refreshes, with 40 card product refreshes planned for the year to stimulate demand and engagement (Page 4). - Investments are also made in international expansion, increasing brand presence and acceptance overseas, as part of a long-term growth strategy (Page 5). - Ongoing innovation is expected in the Membership Rewards program to maintain competitiveness and improve customer experience (Page 4).

- Full-year 2024 revenue growth guidance reaffirmed at 9% to 11%. - Continued strong spending growth observed: 7% overall, 8% U.S. consumer spending, 13% international spending (FX-adjusted). - New card acquisitions accelerating, with 3.4 million new cards added in Q1; 70% are premium fee-based products. - International segment expected to grow at a faster pace than U.S., seen as a major long-term growth runway. - Pay over time product is the fastest-growing segment of balances, showing strong performance and high credit quality. - Funding costs are improving due to increased deposits, supporting yield expansion and profitability. - SME (small and medium-sized enterprise) spending currently weak but acquisition demand remains strong; focus on re-engagement when conditions improve. - Marketing spend increased to support growth and engagement, with emphasis on product refreshes driving demand.

- American Express reaffirms 2024 full-year revenue growth guidance of 9% to 11%. - Earnings per share (EPS) guidance for 2024 is between $12.65 and $13.15. - Q1 EPS increased 39% year-over-year to $3.33, showing strong momentum. - Operating expenses remain controlled, flat to last year in Q1, supporting efficiency. - Credit quality remains best-in-class with modest expected reserve increases through 2024. - Revenue growth driven by strong spending growth (7% overall; 8% U.S. consumer; 13% international). - Net card fees grew 16% FX-adjusted; lending income up 26% but expected to moderate through the year. - Continued investment in marketing and product refreshes expected to sustain growth. - International business and premium card segments are key growth drivers. - Company plans ongoing capital returns with strong earnings supporting shareholder distributions.

The provided pages from the document "1593012.pdf" do not contain any specific information about the current or expected order book or pending orders. The transcript focuses on discussions about: - International business growth and acceptance. - Pay over time feature performance and funding mix. - SME spending trends and macroeconomic impacts. - Card product refresh plans for 2024, including delta and Hilton cards. - Revenue growth, guidance reaffirmation, and capital management. - Loan workout program effectiveness. - Marketing spend and customer acquisition data. No details or figures related to order books or pending orders are mentioned in these excerpts. Please provide additional specific pages or sections if you need information on order books or pending orders.