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AXP

COMPANY OVERVIEW · SOURCE-BACKED

American Express Co

AXP

Company evidence profile

Historical market context and recent SEC disclosures for American Express Co. This view uses the current local evidence snapshot.

Latest adjusted close
$313.22Observed 2026-10-23
Return gap vs SPY
4.32021-10-25 to 2026-10-23
Filings in snapshot
5Prices 1972-06-01 to 2026-10-23

Price field: vendor-adjusted closeSEC EDGAR company recordCIK 0000004962

THE BRIEF

Start here, then verify below.

Three statements, each labelled by what kind of statement it is. Every number in them is linked to its source further down the page.

OBSERVED

Against the prior comparable 8-K:2.02, the primary document has 1 changed, 1 added, and 0 removed meaningful sentences.

CALCULATED

Over the selected historical period, AXP returned 82.7% with a maximum drawdown of -31.5%. These are historical observations, not a forecast.

INTERPRETED

This local snapshot covers SEC disclosures, latest-restated annual Company Facts when available, and adjusted daily prices. It does not establish valuation, future return, or an investment recommendation.

Generated: deterministic_fallback · Historical observations, not forecasts.

FILED RESULTS

What the latest financial report says

Read the 10-Q
Quarterly figures as filed in the 10-Q for the period ending 2026-09-30, filed 2026-10-23. Read from one filing, so the period and the accounting concept always match the number.

Net income

+27.9% YoY
$3.71B

Current: 2026-07-01 — 2026-09-30 · USD

Prior year: $2.90B (2025-07-01 — 2025-09-30)

Reported net income after expenses and taxes; the exact SEC concept is below.

Category reference unavailable. Only 0 eligible companies; at least 5 are required.

Reference method and sources

As of 2026-10-23. Latest cached filings only; one issuer per CIK (share classes deduplicated); SEC SIC first 3 digits, same annual or quarterly grain, exact accounting concept and currency. Period ends within 45 days, durations within 15 days. Later filings, missing comparisons and zero or loss bases are excluded. Equal-weight median of company YoY rates — not aggregate industry growth, a full industry census, or a matched business peer set.

Metric definition

YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.

NetIncomeLoss

Diluted EPS

+30.9% YoY
$5.42 / share

Current: 2026-07-01 — 2026-09-30 · USD/shares

Prior year: $4.14 / share (2025-07-01 — 2025-09-30)

Diluted earnings per share; not total profit or a growth rate.

Metric definition

YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.

EarningsPerShareDiluted

Consolidated figures as reported. Accounting treatment and business mix differ between companies, and a filed result is not a forecast.

HISTORY AND RISK

What this has done, and how roughly

Adjusted daily prices over the selected period, against SPY. SPY is an exchange-traded fund tracking the S&P 500.

AXPSPYAdjusted daily closes
$7,554$14,863$22,1712021-10-252026-10-23
AXP against SPY, 2021-10-25 to 2026-10-23, from $10,000 invested at the start of the period.
Ending value$18,268From $10,000 invested, 2021-10-25 to 2026-10-23
Return gap vs SPY, in percentage points4.3AXP +82.7% · SPY +78.4%
Total return+82.7%2021-10-25 to 2026-10-23
Annualised return+12.8%Compound rate over the period shown
Annualised volatility29.3%Daily returns, annualised
Maximum drawdown-31.5%Trough 2022-09-30
Beta to SPY1.16Sensitivity to the benchmark's moves
Correlation with SPY0.681,255 matched sessions
What that felt likeThe worst peak-to-trough fall over this period was -31.5%, and the worst single session was -10%. Both already happened; neither bounds what comes next.

Only this section follows the benchmark selector. The brief, filing reactions and Ask evidence stay on SPY; this chart is showing SPY.

Past return and risk are observations about a period that is over. They are not a forecast, and nothing here is investment advice.

PRIMARY DISCLOSURES

What was filed

SEC checked 2026-10-24
The filings themselves, with what the company disclosed kept apart from what this project measured about it.
8-KResults of operations (earnings)2026-10-23 11:00
  • Results of operations (earnings)
  • Regulation FD disclosure
  • Financial statements and exhibits

Quoted from the filing

English, as filed

A copy of the Company’s earnings release is attached to this report as Exhibit 99.1 and additional information relating to the Company’s financial results for the third quarter of 2026 is attached to this report as Exhibit 99.2.

Source passage

English, as filed

Item 9.01 Financial Statements and Exhibits (d) Exhibits CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Current Report on Form 8-K (including the exhibits attached hereto) includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties.

Source passage

English, as filed

The forward-looking statements, which address the Company’s current expectations regarding business and financial performance, including management’s guidance for 2026, future investments and costs and potential impacts to guidance for 2027, among other matters, contain words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” “continue” and similar expressions.

Source passage

Against the prior comparable filing

Compared with the filing accepted 2026-07-24: 1 changed, 1 added, 0 removed.

Changed · 73% text match

English, as filed

The forward-looking statements, which address the Company’s current expectations regarding business and financial performance, including management’s guidance for 2026, future investments and costs and potential impacts to guidance for 2027, among other matters, contain words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” “continue” and similar expressions.

Added

English, as filed

Date: October 23, 2026 -8-

Prior filing

8-KRegulation FD disclosure2026-10-15 20:00+0.4% after filing
  • Regulation FD disclosure

No passage could be extracted deterministically from the cached primary document, so none is quoted.

Against the prior comparable filing

Compared with the filing accepted 2026-10-09: 1 changed, 9 added, 8 removed.

Changed · 88% text match

English, as filed

Date: October 15, 2026 -4-

Added

English, as filed

Small Business Card balances held for investment for the months ended September 30, August 31 and July 31, 2026 and the three months ended September 30, 2026; Card balances classified as held for sale on the Consolidated Balance Sheets are not reflected in the table below.

Prior filing

8-KRegulation FD disclosure2026-10-09 00:38+1.1% after filing
  • Regulation FD disclosure

Quoted from the filing

English, as filed

AENB also agreed to pay a civil money penalty of $350 million to the OCC.

Source passage

English, as filed

A portion of the civil money penalty was reserved for in prior periods and it does not impact the full-year 2026 guidance the Company previously provided.

Source passage

English, as filed

The consent orders do not impose an asset cap on the Company and costs associated with addressing the requirements of the consent orders are not anticipated to affect the Company's 2027 guidance.

Source passage

Numbers in the filing

  • $350 million

Against the prior comparable filing

Compared with the filing accepted 2026-09-15: 0 changed, 9 added, 15 removed.

Added

English, as filed

AENB also agreed to pay a civil money penalty of $350 million to the OCC.

Added

English, as filed

A portion of the civil money penalty was reserved for in prior periods and it does not impact the full-year 2026 guidance the Company previously provided.

Prior filing

8-KRegulation FD disclosure2026-09-15 15:35-2.4% after filing
  • Regulation FD disclosure

Quoted from the filing

English, as filed

For June 2026, the sale reduced the net write-off rates by approximately 0.3% and 0.1% for the U.S.

Source passage

Numbers in the filing

  • 0.3%
  • 0.1%

Against the prior comparable filing

Compared with the filing accepted 2026-08-17: 2 changed, 1 added, 1 removed.

Changed · 94% text match

English, as filed

Small Business Delinquency and Write-off Rate Statistics As of and for the months ended August 31, July 31 and June 30, 2026 (a) Net write-off rate based on principal only (i.e., excluding interest and/or fees).

Changed · 92% text match

English, as filed

Small Business Card balances held for investment for the months ended August 31, July 31 and June 30, 2026; Card balances classified as held for sale on the Consolidated Balance Sheets are not reflected in the table below.

Prior filing

8-KRegulation FD disclosure2026-08-17 20:00+0.7% after filing
  • Regulation FD disclosure

Quoted from the filing

English, as filed

For June 2026, the sale reduced the net write-off rates by approximately 0.3% and 0.1% for the U.S.

Source passage

Numbers in the filing

  • 0.3%
  • 0.1%

Against the prior comparable filing

Compared with the filing accepted 2026-07-15: 3 changed, 1 added, 0 removed.

Changed · 86% text match

English, as filed

Small Business Card balances held for investment for the months ended July 31, June 30 and May 31, 2026; Card balances classified as held for sale on the Consolidated Balance Sheets are not reflected in the table below.

Changed · 85% text match

English, as filed

Accordingly, the Net write-off rate – principal only reported above for June 2026 reflects the proceeds from the sale.

Prior filing

Earlier filings

Each with the move on the first eligible session afterwards, measured against the benchmark. A measurement of magnitude, not a cause.

EVENTS AND WHAT IS NEXT

What happened, and what to watch

Event items are published headlines and filing index entries, linked to their source. They are not analysis, and the feed is not a trading signal.

GROUNDED RESEARCH

Ask about this evidence

Questions are answered from this company's evidence packet alone. Citations and number literals are checked against that packet before an answer is shown, and an answer that fails the check is withheld rather than displayed.

No investment advice, price target or directional forecast is produced, and a question asking for one is refused.