AMERICAN EXPRESS CO (AXP) Form 10-Q — Jul 24, 2026
American Express reported strong second quarter 2026 results with total revenues net of interest expense increasing 10% to $19.6 billion and diluted earnings per share rising 11% to $4.53. Net income grew 8% to $3.1 billion, driven by a 9% increase in billed business and robust growth in the U.S. Platinum portfolio and Millennial and Gen-Z cohorts. The company’s credit performance remained solid, with provisions for credit losses decreasing 23% year-over-year and net write-off rates stable at 2.0%.
Key figures
- Eps
- 4.53
- Revenue
- 19,637,000,000
- Net Income
- 3,110,000,000
- Total Debt
- 57,017,000,000
- Revenue Yoy
- 10%
- Cash Position
- 45,243,000,000
- Shares Outstanding
- 675,309,833
- Share Repurchases
- 2,241,000,000
- Common Equity Tier1 Ratio
- 10.4%
- Provisions For Credit Losses
- 1,084,000,000
Price after filing
Close on the filing date to close N calendar days later (from $348.74). Historical, not a forecast.
AI analysis
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