American Express beats Q1 forecasts, maintains full-year guidance

Fiona Craig

Thu, April 23, 2026 astatine 7:40 AM CDT 1 min read

American Express (NYSE:AXP) reported first-quarter results connected Thursday that exceeded Wall Street expectations, supported by beardown paper spending, rising balances, and coagulated interest income growth.

Shares of the payments institution gained astir 1% successful premarket trading by 07:06 ET.

The institution posted net per stock of $4.28, surpassing expert estimates of $4.00. Revenue reached $18.91 cardinal connected an FX-adjusted basis, marking a 10% year-on-year summation and coming successful supra the statement forecast of $18.61 billion.

American Express said the show was mostly driven by accrued spending from Card Members, higher nett involvement income fueled by increasing paper balances, and robust maturation successful card-related fees.

“We had a precise beardown commencement to the year, reflecting continued momentum crossed our premium lawsuit basal and execution of our proven maturation strategy,” said Stephen Squeri.

The institution reaffirmed its full-year 2026 outlook, continuing to task gross maturation of 9% to 10% and net per stock successful the scope of $17.30 to $17.90, compared with expert expectations of $17.56.

American Express banal price