American Express agrees to $350M penalty to resolve Fed compliance reviews

American Express National Bank agreed to pay a $350 million civil money penalty to the OCC to resolve regulatory reviews of the company's financial crimes compliance program. The company notes the penalty was partially reserved in prior periods and will not impact 2026 or 2027 guidance, and the consent orders do not impose an asset cap, limiting immediate material financial impact.

American Express is paying $350 million to regulators for issues with how it monitored financial crimes, but the company says it already set money aside for this and it won't hurt future earnings forecasts.