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Stock impact report

American Express: Why We Established A New Position [Seeking Alpha]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: Seeking Alpha
It's one of the premier status brands in the world, with a customer base of prime borrowers who often pay hundreds of dollars a year for the privilege. This creates a virtuous cycle of American Express driving high spenders to participating merchants, who rebate a portion of their spending through rewards. Amex continues to add premium cardholders at remarkable rates: it added 5.8 million new consumer card accounts in 2025 at an average annual fee above $210. The company says premium cardholder growth with younger adults is 15% in the US and 20% internationally. Rixipix/iStock Editorial via Getty Images The following segment was excerpted from the Giverny Capital Asset Management Q1 2026 Letter. We used most of our Ametek ( AME ) proceeds to establish a new position in American Express ( AXP This article was written by Quick Insights The purchase followed a significant price drop, despite outstanding earnings and conservative credit loss accounting, offering a fair Show less Read more
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