American Express Q2 net income rises 8% to $3.11 billion; revenue climbs 10% to $19.64 billion

• American Express Q2 2026 diluted EPS rose 11% to USD 4.53; net income increased 8% to USD 3.11 billion.
• Revenue net of interest expense climbed 10% to USD 19.64 billion; pretax income advanced 15% to USD 4.07 billion.
• Billed business increased 9% to USD 455.8 billion; provisions for credit losses fell to USD 1.1 billion from a year ago.
• Expenses rose 12% to USD 14.5 billion, driven by higher variable customer engagement costs tied to spending, the U.S. Platinum Card refresh, and benefit usage.
• Raised FY 2026 revenue growth guidance to 10%, reaffirmed EPS outlook of USD 17.30 to USD 17.90; announced a proposed acquisition of TheFork.

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