Earnings
Amex's 31% Profit-Per-Share Jump Leans On A $982 Million Stake Sale, A Reserve Release And A Tax Break
Adjusted earnings per share rose 13%, and a $350 million regulatory penalty sits in the quarter's results.
American Express (AXP) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Adjusted earnings per share rose 13%, and a $350 million regulatory penalty sits in the quarter's results.
Earnings
CEO Steve Squeri said a $336 million restructuring charge is meant to flatten layers, and the OCC penalty leaves 2026 guidance intact.
Earnings
Reported third-quarter earnings per share rose 31%, but adjusted EPS grew 13% once a $982 million pre-tax stake-sale gain is stripped out.
SEC Filings
An 8-K shows 30-day delinquencies on U.S. consumer and small-business cards rose a tenth of a point, while net write-off rates fell.
SEC Filings
The 8-K says 2026 guidance is unaffected and compliance costs are not anticipated to touch 2027 guidance.