American Express (AXP) Change in Net Loans (2010 - 2026)
American Express' (AXP) quarterly Change in Net Loans came in at -$512.0 million in Q1 2026, up 38.68% year-on-year from -$369.2 million in Q1 2025, and down 105.47% quarter-over-quarter from $9.4 billion in Q4 2025.
American Express (AXP) Change in Net Loans (2010 - 2026) Analysis & Trends
American Express has disclosed Change in Net Loans across 17 years of filings, most recently posting -$512.0 million for Q1 2026.
- Change in Net Loans for Q1 2026 came in at -$512.0 million, up 38.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.9 billion (changed 0.49% YoY), and the FY2025 annual result was $19.6 billion, down 15.85% from the prior year.
- Change in Net Loans came in at -$512.0 million for Q1 2026 at American Express, down from $9.4 billion in the prior quarter.
- In the past five years, Change in Net Loans ranged from a high of $12.1 billion in Q2 2022 to a low of -$835.0 million in Q1 2025.
- The 5-year median for Change in Net Loans is $6.4 billion (2024), against an average of $5.7 billion.
- Across the five-year window, Change in Net Loans surged 116.12% in 2022 and slumped 131.81% in 2025, its largest moves.
- American Express' Change in Net Loans stood at $10.1 billion in 2022, then fell by 4.63% to $9.7 billion in 2023, then grew by 17.1% to $11.3 billion in 2024, then decreased by 17.26% to $9.4 billion in 2025, then tumbled by 105.47% to -$512.0 million in 2026.
- The last three Change in Net Loans figures came in at -$512.0 million (Q1 2026), $9.4 billion (Q4 2025), and $5.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | -512.00 Mn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | - |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | -2.36 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | - |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | - |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -512.00 Mn |
| Dec 31, 2025 | 9.36 Bn |
| Sep 30, 2025 | 5.73 Bn |
| Jun 30, 2025 | 5.32 Bn |
| Mar 31, 2025 | -835.00 Mn |
| Dec 31, 2024 | 11.31 Bn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 6.44 Bn |
| Mar 31, 2024 | 2.63 Bn |
| Dec 31, 2023 | 9.66 Bn |
| Sep 30, 2023 | 6.45 Bn |
| Jun 30, 2023 | 7.41 Bn |
| Mar 31, 2023 | 1.60 Bn |
| Dec 31, 2022 | 10.13 Bn |
| Sep 30, 2022 | 6.52 Bn |
| Jun 30, 2022 | 12.13 Bn |
| Mar 31, 2022 | 785.00 Mn |
| Dec 31, 2021 | 17.77 Bn |
| Sep 30, 2021 | 3.51 Bn |
| Jun 30, 2021 | 11.15 Bn |