On October 23, 2026, American Express Company reported financial results for the third quarter of 2026, filing a Current Report on Form 8-K with the Securities and Exchange Commission. The company announced that it is raising its full-year 2026 earnings per share (EPS) guidance.
For the third quarter of 2026, the company reported consolidated total revenues net of interest expense of $20.1 billion, representing a 9 percent year-over-year increase. Net income for the quarter was $3.7 billion, compared to $2.9 billion in the prior year period. Diluted earnings per common share (EPS) rose to $5.42, an increase of 31 percent year-over-year. On an adjusted basis, which excludes the impact of a gain from the sale of an equity interest in Global Business Travel Group, Inc. (GBTG), EPS was $4.68, up 13 percent year-over-year.
Management cited strength in billings, new acquisitions, and Card Member retention as drivers of the performance. The company noted that consolidated provisions for credit losses were $1.0 billion, and the net write-off rate was 1.8 percent. The consolidated effective tax rate for the quarter was 18.1 percent.
Based on the year-to-date performance, American Express raised its full-year 2026 EPS guidance to between $18.30 and $18.60. On an adjusted basis, the company raised its EPS outlook to between $17.60 and $17.90. The company stated it is on track to deliver another year of 10 percent revenue growth.
In other business developments, American Express launched the next generation of Amex Corporate, introduced a new Business Savings account, and extended its strategic partnership with Marriott International. The company also launched a partnership with Airbnb and announced Resy integrations with OpenAI.
