AXP changes
Pick any two versions below to diff them.
- Price
- $319.11 → $323.11(+1.3%)
- Checkpoints
- Oct 23, 2026: Q3 2026 results: revenue and expense growth. Passed. Watch: Revenue growth near 10% with expense growth at or below it and the 2026 EPS guidance kept passes; expenses that again grow faster than revenue or a cut to guidance fails. Outcome: Revenue grew 9% and total expenses grew 9%, helped by the GBTG gain, and the company raised its 2026 EPS guidance to $17.60 to $17.90 adjusted. removed: Q4 2026 (estimate): added: Nov 1, 2026: TheFork purchase closing. removed: Pending. added: Passed. Watch: Closing by the end of 2026 as planned passes; a block by regulators or a long delay fails. added: Outcome: The purchase closed on November 1, 2026, for $700 million in cash, before the end of 2026 as planned. Jan 23, 2027 (estimate): Q4 2026 results and 2027 guidance. Pending. Watch: 2027 guidance that keeps revenue growth near 10%, with no large extra cost from the consent orders, passes; lower guidance from higher costs or regulation fails.
- Recent events
- added: Nov 1, 2026: American Express completed its purchase of TheFork from Tripadvisor for $700 million in cash, subject to adjustments. Tripadvisor will give transition services for 12 months. Oct added: 30, 2026: American Express sold $3.0 billion of senior notes: $1.5 billion of 5.447% fixed-to-floating rate notes due 2030, $1.15 billion of 5.817% fixed-to-floating rate notes due 2034 and $350 million of floating rate notes due 2030. Oct 23, 2026: American Express reported Q3 2026 results. Revenue was a record $20.1 billion, up 9%, and EPS was $5.42, up 31%. Adjusted EPS was $4.68, up 13%, without the $982 million pre-tax gain from the GBTG sale, net of a $336 million restructuring charge. Card fees grew 16%, and the net write-off rate was 1.8%. It raised its 2026 EPS guidance to $18.30 to $18.60, or $17.60 to $17.90 on an adjusted basis, and expects revenue growth of about 10%. Oct 15, 2026: American Express reported preliminary credit data for Q3 2026. The US consumer card net write-off rate was 1.6% for the quarter, and 1.2% of these balances were 30 days past due at September 30. The US small business card net write-off rate was 2.3%. Oct 8, 2026: American Express and its bank agreed to consent orders from the Federal Reserve and the Office of the Comptroller of the Currency about its financial crimes compliance program. The bank agreed to pay a $350 million penalty. The company said that it had reserved part of the penalty before, that the orders do not limit its assets, and that the costs do not change its 2026 or 2027 guidance. Sep 29, 2026: Long Lake and General Catalyst completed their purchase of Global Business Travel Group for $9.50 per share in cash. American Express sold its stake of about 30%. In May, it said that it expected about $1.5 billion of proceeds and a pre-tax gain of about $975 million, which its 2026 EPS guidance does not include. Aug 12, 2026: American Express issued $1.6 billion of 6.450% preferred shares (Series E). It used the money to redeem all of its 3.550% Series D preferred shares on September 15, 2026. Jul 24, 2026: American Express reported Q2 2026 results. Revenue was $19.6 billion, up 10%, and EPS was $4.53, up 11%. Card Member spending grew 9%, its fastest rate in three years after currency effects. Expenses grew 12%. It raised its 2026 revenue growth guidance to 10% and kept its EPS guidance of $17.30 to $17.90. Jun 25, 2026: After the 2026 stress test, American Express said that its stress capital buffer stays at the minimum of 2.5% through September 30, 2027. Jun 15, 2026: American Express agreed to buy TheFork, a European restaurant booking platform with about 50,000 restaurants in 11 countries, from Tripadvisor for $700 million in cash. It expects the deal to close by the end of 2026, after a labor consultation and regulatory approvals.