AMERICAN EXPRESS CO
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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FY2025 · Filed Feb 6, 2026
AXP$323.46-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets – December 31, 2025 and 2024
| December 31 (Millions, except share data) | 2025 | 2024 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | ||
| Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2025, nil; 2024, $6) | $3,559 | $3,413 |
| Interest-bearing deposits in other banks | 43,491 | 37,006 |
| Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2025, $84; 2024, $82) | 742 | 221 |
| Total cash and cash equivalents (includes restricted cash: 2025, $169; 2024, $427) | 47,792 | 40,640 |
| Card Member receivables (includes gross receivables available to settle obligations of a consolidated variable interest entity: 2025, $5,659; 2024, $3,927), less reserves for credit losses: 2025, $180; 2024, $171 | 61,851 | 59,240 |
| Card Member loans (includes gross loans available to settle obligations of a consolidated variable interest entity: 2025, $27,719; 2024, $28,278), less reserves for credit losses: 2025, $5,909; 2024, $5,679 | 145,923 | 133,995 |
| Card Member loans held for sale | 2,457 | 758 |
| Other loans, less reserves for credit losses: 2025, $323; 2024, $194 | 10,605 | 9,038 |
| Investment securities | 1,043 | 1,240 |
| Premises and equipment, less accumulated depreciation and amortization: 2025, $12,039; 2024, $10,739 | 6,118 | 5,371 |
| Other assets, less reserves for credit losses: 2025, $86; 2024, $27 | 24,263 | 21,179 |
| Total assets | $300,052 | $271,461 |
| Liabilities and Shareholders’ Equity | ||
| Liabilities | ||
| Customer deposits | $152,488 | $139,413 |
| Accounts payable | 14,700 | 13,884 |
| Short-term borrowings | 1,371 | 1,374 |
| Long-term debt (includes debt issued by consolidated variable interest entities: 2025, $13,022; 2024, $13,880) | 56,387 | 49,715 |
| Other liabilities | 41,632 | 36,811 |
| Total liabilities | $266,578 | $241,197 |
| Contingencies, Commitments and Guarantees (Note 12) | ||
| Shareholders’ Equity | ||
| Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of December 31, 2025 and 2024 (Note 15) | — | — |
| Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 686 million shares as of December 31, 2025 and 702 million shares as of December 31, 2024 | 138 | 141 |
| Additional paid-in capital | 11,126 | 11,370 |
| Retained earnings | 25,487 | 22,148 |
| Accumulated other comprehensive income (loss) | (3,277) | (3,395) |
| Total shareholders’ equity | 33,474 | 30,264 |
| Total liabilities and shareholders’ equity | $300,052 | $271,461 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.