AMERICAN EXPRESS CO — Form 10-Q filed 2026-07-24

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American Express reported Q2 2026 net income of $3.11 billion, up 7.8% YoY, with total revenues net of interest expense of $19.64 billion, up 10%. The company announced the sale of its ~30% equity interest in Global Business Travel Group, expecting a sizable pre-tax gain. Capital returned to shareholders was $2.9 billion in Q2. The company became a Category II firm, subject to heightened regulatory standards.