American Express Lifts 2026 Adjusted EPS Outlook to $17.60-$17.90
AXP is trading near its 52-week low of $290.967 (11% above the low).
Summary
American Express raised its 2026 adjusted EPS guidance to a range of $17.60 to $17.90, a direct upward revision to full-year profit expectations. The raise lands after a Q2 that already showed 10% revenue growth and 11% EPS growth, and after September credit stats showed net write-offs improving to 1.5% from 1.7%. Third-quarter revenue came in at $20.06B, up 9%, with provisions for credit losses of $1B. That combination — better credit and higher earnings — is the core of the bull case for the card issuer. The backdrop is not clean: on October 8 the OCC hit American Express National Bank with a $350 million civil penalty and the company consented to Fed and OCC orders over financial crimes compliance deficiencies. Higher guidance tells you management expects earnings power to absorb that cost. Watch the Q3 earnings release and call for the revenue and billed-business detail behind the raise.
At the time of this announcement, AXP was trading at $321.99 on NYSE in the Finance sector, with a market capitalization of approximately $219.6B. The 52-week trading range was $290.97 to $387.49. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.