American Express AXP ICS — Intangible assets acquired, excluding goodwill
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Where this comes from
Reported directly by American Express in its filing.
Tagged under the XBRL concept us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill.
The source filing: American Express’s 10-Q, filed July 24, 2026.
- Filed
- Jul 24, 2026, 12:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000004962-26-000322
On January 12, 2026, we completed the acquisition of our partner’s interest in our Switzerland joint venture (Swisscard AECS GmbH). Upon acquisition, we recognized within our International Card Services (ICS) segment $272 million of intangible assets, which will be amortized over an estimated weighted average useful life of approximately eight years, $136 million of Goodwill and a gain for the remeasurement of our existing ownership interest. The allocation of the purchase consideration for the acquisition is preliminary as certain estimates related to the valuation of assets and liabilities are subject to finalization.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is American Express's ICS — intangible assets acquired, excluding goodwill?
- American Express (AXP) reported ICS — intangible assets acquired, excluding goodwill of $272M in Q1 2026.
- What does ICS — intangible assets acquired, excluding goodwill mean?
- This metric represents the total value of identifiable non-monetary assets acquired through business combinations or strategic partnerships, excluding goodwill. These assets typically include customer relationships, brand names, or proprietary technology platforms specific to the International Card Services segment. Tracking this helps investors understand the capital investment allocated toward securing long-term competitive advantages outside of general corporate reputation.
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