American Express (AXP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - American Express reported revenue of $18.43 billion for the quarter ended September 2025, reflecting a year-over-year increase of 10.8% [1] - The earnings per share (EPS) for the quarter was $4.14, up from $3.49 in the same quarter last year, exceeding the consensus estimate of $3.96 by 4.55% [1] Financial Performance - The reported revenue surpassed the Zacks Consensus Estimate of $17.99 billion, resulting in a surprise of +2.42% [1] - Total Card Member loans amounted to $144.81 billion, slightly below the average estimate of $145.06 billion [4] - Risk-Based Capital Ratios (Basel III) for Common Equity Tier 1/Risk Weighted Assets were reported at 10.5%, compared to the estimated 10.8% [4] - Total non-interest revenues reached $13.94 billion, exceeding the average estimate of $13.71 billion [4] Loan Metrics - Commercial Services - Total Card Member loans were reported at $30.69 billion, below the average estimate of $30.84 billion [4] - International Card Services - Average loans for consumer and small business were $19.65 billion, above the estimated $19.43 billion [4] - U.S. Consumer Services - Total loans were reported at $94.14 billion, slightly below the average estimate of $94.23 billion [4] Stock Performance - American Express shares have returned -5.4% over the past month, while the Zacks S&P 500 composite increased by +0.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]