American Express said total revenues net of interest expense for Q1 2026 rose to $18,907 million, up 11% year over year (10% on an FX-adjusted basis). It said net income was $2,971 million and diluted earnings per share (EPS) rose 18% to $4.28.

1. 01

   American Express said total revenues net of interest expense for Q1 2026 rose to $18,907 million, up 11% year over year (10% on an FX-adjusted basis). It said net income was $2,971 million and diluted earnings per share (EPS) rose 18% to $4.28.

2. 02

   The company said Billed Business for Q1 was $428.0 billion, up 10% year over year (9% FX-adjusted). The CEO described Card Member spending growth as the highest quarterly growth in 3 years.

3. 03

   Amex said provisions for credit losses for Q1 were $1.3 billion ($1.2 billion a year earlier), and its net write-off rate was 2.0% (2.1% a year earlier). It said consolidated expenses rose 11% to $13.9 billion, and its effective tax rate was 21.4% (22.4% a year earlier).

4. 04

   American Express said it reaffirmed its full-year 2026 guidance for revenue growth of 9 to 10% and EPS of $17.30 to $17.90. The company also said it decided to increase its investments in marketing and technology to capitalize on long-term growth opportunities.

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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

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