Other

Income tax credits and other income tax benefits

American Express Income tax credits and other income tax benefits increased by 16.9% to $76.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $66.00M to $76.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Higher values indicate more effective utilization of tax-advantaged investment programs to reduce the overall tax burden.

Detailed definition

Quantifies the tax credits and other fiscal benefits derived from investments in affordable housing or similar governmen...

Peer comparison

Commonly seen in the tax disclosures of large banks with significant community development portfolios.

Metric ID: other_affordable_housing_tax_credits_and_other_tax_benef_6cc197

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$52.00M$52.00M$49.00M$57.00M$56.00M$51.00M$66.00M$73.00M$65.00M$76.00M
QoQ Change+0.0%-5.8%+16.3%-1.8%-8.9%+29.4%+10.6%-11.0%+16.9%
YoY Change+9.6%+7.7%+4.1%+15.8%+30.4%+27.5%+15.2%
Range$49.00M$76.00M
CAGR+18.4%
Avg YoY Growth+15.7%
Median YoY Growth+15.2%

Frequently Asked Questions

What is American Express's income tax credits and other income tax benefits?
American Express (AXP) reported income tax credits and other income tax benefits of $76.00M in Q1 2026.
How has American Express's income tax credits and other income tax benefits changed year-over-year?
American Express's income tax credits and other income tax benefits increased by 15.2% year-over-year, from $66.00M to $76.00M.
What does income tax credits and other income tax benefits mean?
Tax savings and credits generated from investments in affordable housing projects.