v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Non-interest revenues        
Non-interest revenues $ 14,988 $ 13,669 $ 29,203 $ 26,467
Interest income        
Interest on Card balances and Other loans 6,119 5,648 12,256 11,200
Interest and dividends on investment securities 36 17 52 31
Deposits with banks and other 452 599 964 1,168
Total interest income 6,607 6,264 13,272 12,399
Interest expense        
Deposits 1,276 1,374 2,563 2,711
Long-term debt and other 682 703 1,368 1,332
Total interest expense 1,958 2,077 3,931 4,043
Net interest income 4,649 4,187 9,341 8,356
Total revenues net of interest expense 19,637 17,856 38,544 34,823
Provisions for credit losses        
Total provisions for credit losses 1,084 1,405 2,336 2,555
Total revenues net of interest expense after provisions for credit losses 18,553 16,451 36,208 32,268
Expenses        
Card Member rewards 5,051 4,618 9,942 8,996
Business development 1,755 1,589 3,346 3,118
Card Member services 1,949 1,301 3,924 2,629
Marketing 1,650 1,555 3,130 3,041
Salaries and employee benefits 2,344 2,152 4,826 4,272
Other, net 1,733 1,686 3,191 3,332
Total expenses 14,482 12,901 28,359 25,388
Pretax income 4,071 3,550 7,849 6,880
Income tax provision 961 665 1,767 1,411
Net income $ 3,110 $ 2,885 $ 6,082 $ 5,469
Earnings per Common Share        
Basic (in dollars per share) $ 4.54 [1] $ 4.08 [1] $ 8.83 [2] $ 7.73 [2]
Diluted (in dollars per share) $ 4.53 [1] $ 4.08 [1] $ 8.81 [2] $ 7.71 [2]
Average common shares outstanding for earnings per common share:        
Basic (in shares) 678 698 681 700
Diluted (in shares) 679 699 682 701
Card Balances        
Provisions for credit losses        
Total provisions for credit losses $ 1,017 $ 1,320 $ 2,204 $ 2,367
Other        
Provisions for credit losses        
Total provisions for credit losses 67 85 132 188
Discount revenue        
Non-interest revenues        
Non-interest revenues 10,163 9,361 19,675 18,104
Net card fees        
Non-interest revenues        
Non-interest revenues 2,862 2,480 5,614 4,813
Service fees and other revenue        
Non-interest revenues        
Non-interest revenues $ 1,963 $ 1,828 $ 3,914 $ 3,550
[1] Reflects net income less (i) earnings allocated to participating share awards of $20 million and $18 million for the three months ended June 30, 2026 and 2025, respectively, and (ii) dividends on preferred shares of $15 million for both the three months ended June 30, 2026 and 2025.
[2] Represents net income less (i) earnings allocated to participating share awards of $39 million and $36 million for the six months ended June 30, 2026 and 2025, respectively, and (ii) dividends on preferred shares of $29 million for both the six months ended June 30, 2026 and 2025.