AXP · 8-K · 20261023PR000405
Card Spending and Acquisition Growth
AMERICAN EXPRESS CO · 2026-10-23 · Importance 31 · Surprise 32
American Express reported third-quarter billed business of $454.0 billion, up 8% year over year, or 9% on an FX-adjusted basis. CEO Stephen Squeri cited strength in billings, new acquisitions, and Card Member retention. The release attributed revenue growth in part to higher Card Member spending, including increased customer-engagement costs associated with spending and the U.S. Platinum Card refresh.