Jan. 30 at 3:04 PM
American Express shares fell after the company reported fourth-quarter earnings that slightly missed expectations, adding to a weak start for the stock in 2026. The credit-card issuer posted earnings of
$3.53 per share, just below consensus estimates, while revenue net of interest expense rose 10% year over year to
$18.98 billion, modestly beating forecasts.
The company said it expects revenue growth to remain steady at 9% to 10% in 2026 and projected full-year earnings of
$17.30 to
$17.90 per share, roughly in line with Wall Street expectations. Shares have been under pressure this year, weighed down in part by political uncertainty after President Donald Trump called for a temporary cap on credit-card interest rates.
Other major card and banking stocks also traded lower, including Capital One, JPMorgan Chase, Visa, and Mastercard, though broader market losses eased after Trump nominated Kevin Warsh as the next Federal Reserve chair.
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