Recent Updates — AXP
American Express reported second-quarter 2026 net income of $3.1 billion, an 8% increase from $2.9 billion in the prior year. Diluted earnings per share rose 11% to $4.53. Total revenues net of interest expense grew 10% to $19.6 billion, driven by a 9% increase in Card Member spending. The company raised its full-year 2026 revenue growth guidance to 10% and maintained full-year EPS guidance of $17.30 to $17.90. Additionally, the company announced a proposed acquisition of TheFork, a European restaurant booking platform. American Express is a global payments and premium lifestyle brand.
On June 25, 2026, American Express Company issued a press release announcing the results of its company-run 2026 Dodd-Frank Act Stress Test (DFAST). The company operates in the financial services industry, providing credit cards, charge cards, and payment processing services.
American Express Company issued €750,000,000 in aggregate principal amount of 3.835% Fixed-to-Floating Rate Notes on June 17, 2026. The notes are due on June 16, 2034, and were issued under a senior indenture with The Bank of New York Mellon acting as trustee. American Express Company is a financial services provider offering credit card, charge card, and traveler's cheque services.
American Express Company disclosed delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card balances held for investment for the months ended March, April, and May 2026. As of May 31, 2026, U.S. Consumer Card balances totaled $113.8 billion with a 1.1% 30-day delinquency rate and a 2.0% net write-off rate. U.S. Small Business Card balances totaled $46.7 billion with a 1.4% 1.4% 30-day past due rate and a 2.6% 2.6% 2.6% net write-off rate. American Express Company is a global financial services company providing credit card services and payment network operations.
American Express released monthly delinquency and write-off statistics for its U.S. Consumer and Small Business card balances through April 30, 2026, reporting total card balances held for investment of $157.2 billion. The net write-off rates for the period were 2.1% for U.S. Consumer and 2.4% for U.S. Small Business balances. These metrics are critical for investors to monitor credit quality trends and the evolving risk profile of the company's core lending portfolios.