Shares of American Express (AXP) are down 3% after the credit card issuer posted mixed quarterly financial results.
The New York City-based company announced earnings per share (EPS) of $3.53 U.S. for the fourth quarter of 2025. That missed analysts’ consensus estimate of $3.54 U.S.
Revenue in the period totaled $18.98 billion U.S., which was ahead of the $18.92 billion U.S. forecast on Wall Street. Sales were up 10% from a year earlier.
Management said the revenue increase was driven by higher card member spending, stronger net interest income, and card fee growth.
However, analysts had expected stronger results from American Express for the fourth quarter, which includes the year-end holidays when consumer shopping and spending tends to rise.
In terms of guidance, American Express said that it expects full-year revenue growth of 9% to 10% in 2026.
Management also forecast per-share earnings of $17.30 U.S. to $17.90 U.S. this year, slightly higher at the midpoint than Wall Street forecasts of $17.43 U.S.
The company also announced that it is raising its quarterly dividend by 16% to $0.95 U.S. per share from $0.82 U.S. previously.
The new dividend will be payable starting with the first-quarter 2026 distribution.
American Express’ stock has been under pressure in recent weeks after U.S. President Donald Trump threatened to cap credit-card interest rates at 10% for one year.
AXP stock is down 7% so far in 2026 and trading at $358.50 U.S. per share.
