American Express says OCC penalty does not impact full-year 2026 guidance
AXP•American Express said an OCC penalty will not affect its full-year 2026 guidance. AENB agreed to pay a $350 million civil money penalty, and costs from consent orders are not anticipated to affect 2027 guidance.
1. Penalty and guidance
In an SEC filing, American Express said the OCC penalty does not impact its full-year 2026 guidance and that costs from consent orders are not anticipated to affect 2027 guidance. AENB agreed to pay a $350 million civil money penalty to the OCC; the consent orders do not impose an asset cap on American Express.
