American Express Co (AXP) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
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This article first appeared on GuruFocus. Revenue Growth: 10% year-over-year increase. Earnings Per Share (EPS): $4.53 for the quarter, with full-year guidance of $17.30 to $17.90. Net Income: Up 8% year-over-year. Pre-tax Income: Increased by 15% year-over-year. Spend Growth: 9% FX-adjusted, highest level in three years. Card Fees: Grew at a double-digit rate for 32 consecutive quarters, up 15.4% this quarter. Net Interest Income: Increased by 11% year-over-year. Delinquency Rates: Between 1.2% and 1.3% for over three years. Return on Equity (ROE): 36% for the quarter. Capital Return: $2.9 billion returned to shareholders, including $0.6 billion in dividends and $2.2 billion in share repurchases. Marketing and Operating Expenses: Each grew 6% in the quarter. Variable Card Member Engagement (VCE) Ratio: 44.6% for the quarter. Provision Expense: $1.1 billion, including a reserve release of $191 million. Global MX Travel Bookings: Up 22% year-over-year. New Card Acquisitions: 3 million new cards acquired in the quarter. Warning! GuruFocus has detected 3 Warning Sign with AXP. Is AXP fairly valued? Test your thesis with our free DCF calculator. Release Date: July 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. American Express Co ( NYSE:AXP ) reported a strong quarter with 10% revenue growth and an EPS of $4.53...
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