Amex reports third-quarter 2026 financial results
The company held an investor conference call at 8:30 a.m. ET to discuss earnings released on its Investor Relations website.
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Financial services and payment card company
americanexpress.comLast updated
In short: Amex posted record Q3 revenue, cut 5% of its workforce, and was fined $350 million over AML gaps.
The company held an investor conference call at 8:30 a.m. ET to discuss earnings released on its Investor Relations website.
The bank resolves Financial Crimes Compliance reviews without asset caps. Penalties are reserved, impacting no future guidance.
Shares are payable November 10 to record holders on October 9.
The earnings release and supplemental data are posted on the IR website, and a conference call will be held today at 8:30 a.m. ET
Record revenue and raised guidance highlight strong card spending and fee growth.
American Express reports a sharp rise in third-quarter profits, driven by a successful transition to its higher-fee Platinum Card.
American Express reported Q3 earnings driven by increased spending from its affluent cardholder base, which remains unaffected by higher interest rates and sticky inflation.
American Express says it's cutting 5% of its global workforce--about 3,500 jobs--as it tries to keep a lid on rising costs. The announcement caps a...
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