AMERICAN EXPRESS CO (AXP)

Current Report Filed: 2026-05-15

Key Insights

U.S. Consumer card delinquency improved to 1.2% (30+ days past due) in April 2026 from 1.3% in prior months, indicating stabilizing credit quality in the consumer portfolio.
Net write-off rates increased modestly for U.S. Consumer cards to 2.1% in April from 1.9% in February, while U.S. Small Business write-offs improved to 2.4% from 2.6%, suggesting mixed credit trends across segments.
Total card balances held for investment grew to $157.2 billion in April 2026 from $151.3 billion in February, reflecting approximately 3.9% growth over two months, demonstrating continued portfolio expansion.
American Express updated its presentation to combine Card Member loans and receivables into a single 'Card balances' metric that now includes both revolve-eligible and pay-in-full balances, providing more comprehensive credit quality disclosure.

Current Report Filed: 2026-04-15

Key Insights

American Express reported delinquency and write-off rates for its U.S. Consumer and U.S. Small Business Card Member loan portfolios as of March 2026, indicating stable credit performance.
The company provided additional data points not included in the American Express Credit Account Master Trust reports, offering investors a more comprehensive view of the credit trends.
While the Trust's reported net write-off rate was lower than the overall portfolio, the differences highlight the need to analyze both sets of data to fully understand American Express' credit dynamics.

Insider Trading Filed: 2026-04-06

Key Insights

Noel R. Wallace, a director of American Express, acquired 121.185 share equivalent units through the Directors' Deferred Compensation Plan on March 31, 2026.
The share equivalent units will be settled in cash following Wallace's termination of service as a director, indicating his continued investment in the company.
The acquisition of share equivalent units suggests Wallace's confidence in American Express's long-term prospects and alignment with shareholder interests.

Current Report Filed: 2026-03-16

Key Insights

American Express reported stable delinquency and write-off rates for its U.S. Consumer and U.S. Small Business credit card portfolios, indicating continued credit quality performance.
The company's securitized credit card loans through the American Express Credit Account Master Trust showed a slightly lower annualized default rate compared to the overall loan portfolios.
The data highlights the importance of understanding the differences between the securitized and total loan portfolios when analyzing American Express' credit metrics.

Insider Trading Filed: 2026-03-10

Key Insights

Jessica Lieberman Quinn, the EVP - Controller of American Express, sold 3,032 shares of the company's common stock on March 6, 2026 at a weighted average price of $300.02 per share.
After the reported transaction, Lieberman Quinn directly owns 258 shares of American Express common stock, and indirectly owns 540.65 shares through her spouse and 0.91 shares through a 401(k) trust.
The transaction appears to be a routine sale of shares by an insider, which may not indicate any significant change in Lieberman Quinn's long-term outlook on the company.

Current Report Filed: 2026-03-02

Key Insights

American Express Company has announced an increase in its quarterly dividend on common shares from $0.82 to $0.95 per share.
This dividend increase suggests the company's financial performance and outlook are strong, as it indicates the ability to return more capital to shareholders.
Investors should monitor the company's future financial results and guidance to assess whether the dividend increase is sustainable and indicative of broader positive business trends.

Current Report Filed: 2026-02-25

Key Insights

American Express Company announced plans to build a new 1.95 million square foot headquarters in New York City, with construction expected to begin in spring 2026 and be completed by 2031.
The new headquarters project is not expected to have a material impact on the company's financial results.
The filing includes forward-looking statements about the headquarters project, highlighting risks such as construction delays, cost overruns, and the potential impact of economic and market conditions.

Insider Trading Filed: 2026-02-20

Key Insights

The reporting person Raymond Joabar, who holds the position of Grp. Pres., Global Comm. Serv. at American Express Co. (AXP), has sold a total of 13,000 shares of the company's common stock over multiple transactions on February 19, 2026.
The sale transactions were executed at weighted average prices ranging from $338.98 to $341.95 per share, indicating the reporting person took advantage of the stock's recent price appreciation.
After the reported transactions, the reporting person continues to hold a direct ownership of 12,050.026 shares of AXP common stock, along with an indirect ownership of 1,740.456 shares through his spouse's and 401(k) accounts.

Current Report Filed: 2026-02-17

Key Insights

American Express reported delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card Member loan portfolios, providing investors with additional data beyond what is reported in the American Express Credit Account Master Trust filings.
The delinquency and write-off rates for both the U.S. Consumer and U.S. Small Business Card Member loan portfolios appeared to be relatively stable over the three-month period reported, with no significant changes observed.
The reported credit performance metrics for the American Express Credit Account Master Trust were generally in line with the broader U.S. Consumer and U.S. Small Business Card Member loan portfolios, though some differences in the underlying loan characteristics and calculation methodologies were noted.

Insider Trading Filed: 2026-02-13

Key Insights

The reporting person, Howard Grosfield, who is the Group President of U.S. Consumer Services at American Express, sold 8,134 shares of the company's common stock on February 12, 2026.
Following the reported transaction, Grosfield still holds a direct ownership of 9,433.089 shares in American Express, and an indirect ownership of 98.7 shares through the company's 401(k) plan.
The sale of shares by a high-ranking executive may indicate a potential change in the company's strategic direction or a personal financial decision, which could be of interest to investors.

Insider Trading Filed: 2026-02-10

Key Insights

Ravikumar, the Chief Information Officer, sold a significant number of American Express (AXP) shares, indicating potential profit-taking or portfolio rebalancing.
The shares were sold in multiple transactions at weighted average prices of $356.14 and $357.13, suggesting the sales were executed in a structured manner.
The reported transactions reduce Ravikumar's direct beneficial ownership in AXP from over 15,000 shares to less than 9,000 shares, potentially signaling a change in his investment strategy or liquidity needs.

Insider Trading Filed: 2026-02-10

Key Insights

The Chief Legal Officer of American Express Co., Laureen Seeger, sold 12,737 shares of the company's common stock on February 9, 2026 at a weighted average price of $360.99.
This sale represents a decrease in Seeger's direct beneficial ownership of American Express shares from 21,738.577 to 9,001.577 shares.
Insider sales can sometimes signal that executives believe the stock is overvalued or are diversifying their personal portfolios, though the reasons are not always clear.

Current Report Filed: 2026-02-10

Key Insights

American Express has issued a total of $3 billion in new debt, including $1.35 billion in 4.009% Fixed-to-Floating Rate Notes due 2029, $1 billion in 4.456% Fixed-to-Floating Rate Notes due 2032, and $650 million in Floating Rate Notes due 2029.
The company has also issued $500 million in 5.412% Fixed-to-Fixed Rate Subordinated Notes due 2041, further strengthening its capital structure.
The debt offerings provide American Express with additional funding for general corporate purposes, including potential future investments or acquisitions.

Insider Trading Filed: 2026-02-06

Key Insights

Denise Pickett, the President of Enterprise Shared Services at American Express, exercised 12,660 stock options and sold 23,385 shares of the company's common stock on February 5, 2026.
The exercise price of the stock options was $173.61 per share, and the sale price of the shares was $356.91 per share, indicating a significant profit for the insider.
Pickett's remaining direct ownership of American Express shares is 7,753.936, and she also holds 1,820 shares indirectly through the company's Employee Stock Ownership Plan (ESOP).

Insider Trading Filed: 2026-02-06

Key Insights

Anna Marrs, a Group President at American Express, exercised 14,992 stock options and subsequently sold 27,425 shares, indicating some insider selling activity.
The stock sale was executed at an average price of $350.01, which is higher than the $173.61 exercise price, suggesting the insider may have realized a profit from the transaction.
After the reported transactions, the insider's direct beneficial ownership of American Express shares decreased from 47,818.52 shares to 20,393.52 shares.

Annual Report Filed: 2026-02-06

Key Insights

The filing does not contain any meaningful financial information or performance data for American Express. It appears to be a placeholder or test filing.
The filing contains a large amount of XML tags and code snippets rather than standard financial reporting content.
Without any actual financial results, this filing does not provide any useful insights for investors to analyze American Express' business and prospects.

Current Report Filed: 2026-01-30

Key Insights

American Express reported its full year and Q4 2025 financial results, providing an update on its 2026 earnings per share guidance and long-term growth aspirations.
The company highlighted several factors that could impact its ability to achieve its 2026 EPS guidance and long-term growth, including macroeconomic conditions, geopolitical tensions, regulatory changes, and competitive pressures.
Investors will be closely watching the company's ability to drive sustainable revenue growth, maintain credit performance, control expenses, and effectively manage risk to deliver on its growth targets.

Current Report Filed: 2026-01-15

Key Insights

American Express reported stable delinquency and write-off rates for its U.S. consumer and small business card member loan portfolios as of December 2025, indicating continued strong credit performance.
The reported credit performance of the American Express Credit Account Master Trust, which securitizes a portion of the company's card member loans, was slightly better than the overall portfolio, likely due to differences in loan characteristics.
The company provided additional transparency into its card member loan portfolio by reporting key metrics such as total loans, 30-day delinquency rates, and net write-off rates for both the U.S. consumer and small business segments.

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