American Express

Q2 FY2026 EarningsQ2 FY2026 delivered a strong beat on the bottom line with EPS of $4.53 exceeding the $4.40 consensus by 2.9%, driven by robust Card Member spending growth of 9%. While revenue of $19.64B was slightly below the $19.70B consensus (-0.3%), management raised full-year revenue growth guidance to 10%. Profitability remained resilient despite a higher effective tax rate, supported by a $1.1B credit provision that was lower than the prior year's $1.4B.