Added to YB: 2026-05-15
Pitch date: 2026-05-13
AXP [neutral]
American Express Company
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally.
Market Cap
$211.3B
Pitch Price
N/A
Price Target
N/A
Dividend
1.23%
EV/EBITDA
N/A
P/E
19.33
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Payments and FinTech Earnings Recap: Q1 2026 - American Express Company
AXP (earnings): Q1 FXN rev +10%, billed biz +9%. Discount rev (largest source) +7%. Net write-offs 2.3%, below pre-pandemic, best vs peers. Millennial/Gen-Z (36% U.S. consumer billed biz) +17%. But U.S. billed biz only +7.2% vs Visa's U.S. credit +9.6%, MA +8.1%. Guidance unchanged as upside reinvested in marketing/tech. P/E ~17.5x vs mid-teens pre-pandemic avg.
Read full article (1 min)