U.S. COMPANY FILING
AMERICAN EXPRESS CO — Form 10-Q filed 2026-04-23
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American Express reported Q1 2026 revenue growth driven by higher card spending. Net income increased, supported by lower provisions. The company acquired full ownership of Swisscard, issued $3.5B debt, and returned $2.3B to shareholders. CET1 ratio remained within target. Anticipates becoming a Category II firm in Q2 2026, facing heightened regulatory requirements.
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