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 (NYSE:AXP) is one of the few stocks that offers growth at a reasonable price (GARP). For instance, the ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The S&P 500 and other major stock indices continue to waver.
The Nasdaq Composite and Standard & Poor's 500 indexes closed lower in Friday's trading session, reflecting a mixed ...
American Express profits jump 34%, ... — Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, ... AmEx is seeing some customers fall behind on payments.
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 ...