As more customers keep a balance, AmEx is seeing some customers fall behind on payments. The company's charge-offs and 30-day delinquencies have continued to creep higher post-pandemic.
American Express Profits Jump 34%, Helped by Jump in New Customers, Higher Spending NEW YORK (AP) — Credit card giant American Express posted a 34% jump in its first quarter profits on Friday ...
NEW YORK (AP) — Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers ...