American Express

American Express reports U.S. consumer portfolio receivables of $113.1 billion for July 2026, a 30-day delinquency rate of 1.1% and a net write-off rate of 1.7%. In the U.S. small-business segment, receivables were $46.1 billion, the delinquency rate was 1.3% and the net write-off rate was 2.6%. The company sold charged-off card receivables in June, which slightly reduced net write-off rates in June; in the second quarter AmEx beat EPS expectations but slightly missed revenue. » Więcej na de.investing.com

American Express has issued 1,600 preferred shares of the 6.45% fixed-rate reset noncumulative preferred shares, Series E, represented by 1,600,000 depositary shares (each representing a 1/1,000 interest). Series E has a liquidation preference of $1,000,000 per preferred share. The company announced the full redemption of the Series D preferred shares on September 15, 2026, at a redemption price of $1,000,000 per preferred share ($1,000 per depositary share) plus any accrued dividends. » Więcej na de.investing.com

Management expects revenue to grow about 10% annually and diluted EPS to rise in the mid‑teens over the long term. The company is investing heavily in rewards and card perks—sacrificing near‑term profitability—to attract millennials and Gen Z, who made 65% of new consumer signups in Q2. Payment volume rose 9% year over year, supporting long‑term tailwinds from economic growth and the shift to a cashless economy. » Więcej na finance.yahoo.com