American Express shares have fallen approximately 20% since the start of 2026. The stock currently trades near the $300 level.
The decline follows a strong financial performance in 2025. Full-year revenue increased 10% to $72.2 billion. Adjusted earnings per share rose 15% to $15.38.
Macroeconomic headwinds and geopolitical conflicts triggered the recent sell-off. Despite the share price drop, the company authorized a 16% quarterly dividend increase in March.