Skip to main content

AMERICAN EXPRESS CO

For the period ended Dec 31, 2025. Filed Feb 6, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 6, 2026

AXP$320.99-1.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Index to Consolidated Financial Statements

CONSOLIDATED FINANCIAL STATEMENTSPAGE
Consolidated Statements of Income – For the Years Ended December 31, 2025, 2024 and 202392
Consolidated Statements of Comprehensive Income – For the Years Ended December 31, 2025, 2024 and 202393
Consolidated Balance Sheets – December 31, 2025 and 202494
Consolidated Statements of Cash Flows – For the Years Ended December 31, 2025, 2024 and 202395
Consolidated Statements of Shareholders’ Equity – For the Years Ended December 31, 2025, 2024 and 202396
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS97
Note 1 – Summary of Significant Accounting Policies97
Note 2 – Loans and Card Member Receivables103
Note 3 – Reserves for Credit Losses112
Note 4 – Investment Securities115
Note 5– Asset Securitizations117
Note 6 – Other Assets118
Note 7 – Customer Deposits120
Note 8 – Debt121
Note 9 – Other Liabilities124
Note 10 – Stock-Based Compensation125
Note 11 – Retirement Plans127
Note 12 – Contingencies, Commitments and Guarantees128
Note 13– Derivatives and Hedging Activities131
Note 14 – Fair Values134
Note 15 – Common and Preferred Shares139
Note 16 – Changes in Accumulated Other Comprehensive Income (Loss)140
Note 17 – Service Fees and Other Revenue and Other Expenses141
Note 18 – Restructuring141
Note 19 – Income Taxes142
Note 20 – Earnings Per Common Share (EPS)146
Note 21 – Regulatory Matters and Capital Adequacy147
Note 22 – Significant Credit Concentrations149
Note 23 – Reportable Operating Segments and Geographic Operations150
Note 24 – Parent Company153
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.