AI English summary of an SEC filing — figures as filed
American Express AXPAmerican Express said net income for Q2 2026 was $3.1 billion, up from $2.9 billion a year earlier, and earnings per share were $4.53, up 11% from $4.08 a year earlier.
Key points
AI summaryAmerican Express said net income for Q2 2026 was $3.1 billion, up from $2.9 billion a year earlier, and earnings per share were $4.53, up 11% from $4.08 a year earlier.
The company said total revenues net of interest expense for Q2 were $19.6 billion, up 10% from a year earlier. It raised its full-year revenue growth outlook to 10% and said it continues to expect full-year EPS of $17.30 to $17.90.
The company said total expenses for Q2 rose 12% year over year to $14.5 billion, and that provisions for credit losses fell from $1.4 billion a year earlier to $1.1 billion, reflecting a reserve release.
The company said its consolidated effective tax rate for Q2 was 23.6%, higher than 18.7% a year earlier. It also said it announced a proposed acquisition of TheFork, a European restaurant reservation platform with 50,000 restaurants.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Net Income $3.1 billion, EPS $4.53
American Express said net income for Q2 2026 was $3.1 billion, up from $2.9 billion a year earlier, and earnings per share were $4.53, up 11% from $4.08 a year earlier.
Source · Based on the filing body and exhibits
Full-Year Revenue Growth Outlook Raised to 10%
The company said total revenues net of interest expense for Q2 were $19.6 billion, up 10% from a year earlier. It raised its full-year revenue growth outlook to 10% and said it continues to expect full-year EPS of $17.30 to $17.90.
Source · Based on the filing body and exhibits
Q2 Expenses $14.5 billion, Credit Provisions $1.1 billion
The company said total expenses for Q2 rose 12% year over year to $14.5 billion, and that provisions for credit losses fell from $1.4 billion a year earlier to $1.1 billion, reflecting a reserve release.
Source · Based on the filing body and exhibits
Effective Tax Rate 23.6%, Proposed TheFork Acquisition
The company said its consolidated effective tax rate for Q2 was 23.6%, higher than 18.7% a year earlier. It also said it announced a proposed acquisition of TheFork, a European restaurant reservation platform with 50,000 restaurants.
Source · Based on the filing body and exhibits
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.
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