American Express said net income for Q2 was $2.9 billion, or $4.08 per share, compared with $3.0 billion, or $4.15 per share, a year ago, which included a $0.66 per share gain from the sale of Accertify Inc.

1. 01

   American Express said net income for Q2 was $2.9 billion, or $4.08 per share, compared with $3.0 billion, or $4.15 per share, a year ago, which included a $0.66 per share gain from the sale of Accertify Inc.

2. 02

   The company said total revenues net of interest expense for Q2 increased 9% year-over-year on both a reported and FX-adjusted basis. Billed business grew 7%, Discount revenue increased 6%, Net card fees increased 20% and Net interest income increased 12%.

3. 03

   American Express said Provisions for credit losses increased in Q2, citing a higher reserve build compared to the prior year as a factor. It also reclassified $1.6 billion of Card Member loans related to the Amazon small business cobrand portfolio to held for sale.

4. 04

   The company said it maintained its CET1 capital ratio within its target range of 10 to 11% during Q2 and returned $2.0 billion of capital to shareholders in the form of share repurchases and common stock dividends.

Key figures

Quarter ended June 30, 2025

Revenue

$10.3B

Net income

$2.9B

EPS

$4.08

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.