AXPAmerican Express
American Express is a global payments and premium lifestyle brand powered by technology. 10-K, Item 1
- Employees
- 76,800
- Headquarters
- New York, NY
- CEO
- Stephen J. Squeri
- Next results
- around Jan 29, 2027
Numbers that matter for banks, which general screens compare wrongly. Some come from the 10-K's XBRL. The rest are quoted from the company's own filings, because there is no standard tag for them: the sentence is the source.
Net interest margin
8.5% 10-Q filed 2026-10-23What the bank earns on loans and securities minus what it pays on deposits, as % of earning assets.
“Net interest yield (c) 8.5 % 8.2 % 8.3 % 8.1 %”
Read it in the filing ↗
Efficiency ratio
73.6% fiscal year to Dec 31, 2025Non-interest expense as % of revenue. Lower is leaner.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 78.1% | 77.7% | 74.5% | 72.6% | 73.6% |
XBRL: NoninterestExpense, 0000004962-26-000080; InterestIncomeExpenseNet, 0000004962-26-000080; NoninterestIncome, 0000004962-26-000080
Return on tangible common equity
37.9% fiscal year to Dec 31, 2025Net income over common equity without goodwill and intangibles (net income is before preferred dividends, so this runs a little high for banks with preferred stock).
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 43.9% | 35.9% | 34.6% | 38.8% | 37.9% |
XBRL: NetIncomeLoss, 0000004962-26-000080; StockholdersEquity, 0000004962-26-000409; PreferredStockValue, 0000004962-26-000409; Goodwill, 0000004962-26-000080
Net interest income
$17.4B fiscal year to Dec 31, 2025Interest earned minus interest paid.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| $7.8B | $9.9B | $13.1B | $15.5B | $17.4B |
XBRL: InterestIncomeExpenseNet, 0000004962-26-000080
Work on AXP in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/AXP/export.csv") into a cell.