---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000073"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T11:10:51.596480+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fed sets AmEx's preliminary Stress Capital Buffer at 2.5%, consistent with prior

## Summary
- Federal Reserve set AmEx's 2025 preliminary SCB at 2.5% (minimum), effective Oct 1, 2025 through Sep 30, 2026.
- SCB requirement is consistent with AmEx's previously disclosed SCB in effect through Sep 30, 2025.
- CFO Le Caillec states results reaffirm strong capital position and earnings power.
- AmEx previously increased quarterly dividend by 17% to $0.82 and returned $5.4B via buybacks in 12 months through Mar 31, 2025.
- Final confirmation by Federal Reserve expected by August 31, 2025.

## SEC filing metadata
- accession: 0000004962-25-000073
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496225000073/0000004962-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000073/axp-20250701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000073
- JSON: https://secwatch.observer/filing/0000004962-25-000073.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.