secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2026-07-24T11:00:28+00:00
Accession:  0000004962-26-000318
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Express Q2 EPS $4.53 (+11% YoY), raises FY revenue growth guidance to 10%
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- Q2 revenue $19.6B (+10% YoY); Card Member spending growth 9% FX-adjusted, highest in three years.
- EPS $4.53 (+11% YoY), net income $3.1B; average diluted shares 679M (-3% YoY).
- FY 2026 revenue growth guidance raised to 10% from prior; EPS guidance reaffirmed at $17.30-$17.90.
- Provision for credit losses $1.1B, down from $1.4B; net write-off rate flat at 2.0%.
- Platinum portfolio now fastest growing in U.S. Consumer; strong Millennial/Gen-Z customer acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000318/0000004962-26-000318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000318/axp-20260724.htm
  HTML page:      https://secwatch.observer/filing/0000004962-26-000318

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer