American Express USCS — Salaries and employee benefits and other operating expenses decreased by 7.2% to $1.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $1.24B to $1.37B. Over 3 years (FY 2022 to FY 2025), USCS — Salaries and employee benefits and other operating expenses shows an upward trend with a 10.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising costs relative to revenue may indicate operational inefficiency, while stable or declining costs suggest effective cost management.
This encompasses the fixed and variable costs associated with the workforce and general administrative operations requir...
Comparable to 'Operating Expenses' or 'SG&A' for specific business units in large financial institutions.
axp_segment_uscs_salaries_and_employee_benefits_and_other_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $989.50M | $989.50M | $989.50M | $989.50M | $1.11B | $1.11B | $1.11B | $1.11B | $1.08B | $1.12B | $1.15B | $1.29B | $1.24B | $1.28B | $1.30B | $1.47B | $1.37B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.1% | +0.0% | +0.0% | +0.0% | -2.2% | +2.9% | +3.0% | +12.7% | -4.3% | +3.4% | +1.5% | +13.3% | -7.2% |
| YoY Change | — | — | — | — | +12.1% | +12.1% | +12.1% | +12.1% | -2.2% | +0.6% | +3.5% | +16.7% | +14.3% | +14.9% | +13.2% | +13.8% | +10.3% |