American Express National Bank
American Express National Bank reported total assets of $213.9 bn at Q2 2026, up 1.1% on a year earlier, the 22nd largest of 497 banks in our US coverage. The CET1 capital ratio at American Express National Bank was 10.86%, and the uninsured share of American Express National Bank was 18.17%. Source: FDIC Call Reports.
Key takeaways
- American Express National Bank has one of the highest return on equity (ROE) readings among banks of over $100 bn: 41.56% at , against a median of 12.56% across 32 banks (FDIC Call Reports).
- At 3.70%, the return on assets (ROA) of American Express National Bank sits in the top tenth of its size group (over $100 bn, 32 banks), where the median is 1.18% (FDIC Call Reports).
- Few banks of over $100 bn report a higher net interest margin than American Express National Bank, at 8.49% in against a group median of 3.14% (FDIC Call Reports).
What sets American Express National Bank apart
- American Express National Bank has one of the highest efficiency ratio readings among banks of over $100 bn: 71.78% at , against a median of 54.78% across 32 banks.
- At 97.18%, the loan-to-deposit ratio of American Express National Bank sits in the top tenth of its size group (over $100 bn, 32 banks), where the median is 72.53%.
- Among the 32 banks of over $100 bn, few report a lower common equity tier 1 (CET1) ratio than American Express National Bank, at 10.86% in ; the group median is 13.06%.
How large is American Express National Bank?
The balance sheet of American Express National Bank at : assets $213.9 bn, deposits $171.6 bn, net loans $166.7 bn (loans equal to 97.18% of deposits). Securities make up 1.5% of total assets at American Express National Bank. Since , when American Express National Bank held $35.3 bn, its assets grew 505.3%. In the year to , deposits at American Express National Bank rose 1.8% while its total assets rose 1.1%. At , American Express National Bank employed 2,582 full-time equivalent staff across 1 office, about $82.9 mn of assets per employee and $171.6 bn of deposits per office.
How much funding at American Express National Bank is uninsured?
At American Express National Bank, uninsured deposits (above the FDIC limit) made up 18.17% of domestic deposits at (-3.41 pp on a year earlier); American Express National Bank ranks 428th of 500 on this measure. In dollars, American Express National Bank estimated $31.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $171.6 bn | +1.8% | 22nd of 499 |
| Net loans and leases | $166.7 bn | +7.5% | 13th of 500 |
| Loan-to-deposit ratio | 97.18% | +5.11 pp | 89th of 500 |
| Tier 1 leverage ratio | 8.84% | +0.11 pp | 445th of 500 |
| Total risk-based capital ratio | 12.99% | -0.29 pp | 360th of 448 |
| Net interest margin | 8.49% | +0.33 pp | 10th of 500 |
| Return on assets (ROA) | 3.70% | -0.23 pp | 8th of 500 |
| Efficiency ratio | 71.78% | +4.00 pp | 445th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $28.6 mn | Widened by $20.2 mn | |
| Noncurrent loans to total loans | 0.63% | -0.07 pp | 259th of 500 (1 = lowest) |
| Net charge-offs to average loans | 2.41% | -0.11 pp | 488th of 500 (1 = lowest) |
US rank of American Express National Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
American Express National Bank: assets, deposits and loans
- Total assets $214bn
- Deposits $172bn
- Net loans $167bn
Capital and securities
The CET1 ratio of American Express National Bank stood at 10.86% in , -0.22 pp year on year. Low and high at American Express National Bank since : 10.86% () to 17.99% (). Equity capital of American Express National Bank at : $19.2 bn, or 9.0% of total assets. American Express National Bank also reported a total capital ratio of 12.99% for , and a tier 1 leverage ratio of 8.84%.
The available-for-sale portfolio of American Express National Bank showed an unrealized loss of $28.6 mn at ; the loss widened by $20.2 mn over the year.
American Express National Bank: capital ratios
- Total capital 13%
- CET1 11%
- Tier 1 leverage 8.8%
American Express National Bank: unrealized securities gains and losses
- Available for sale -$29mn
- Held to maturity $0
Profitability and loan quality
For the year to , American Express National Bank earned a return on equity of 41.56%; return on assets: 3.70%. Net interest margin at American Express National Bank: 8.49%, +0.33 pp in a year. American Express National Bank net income: $4.0 bn, down 0.5% year on year. The efficiency ratio of American Express National Bank was 71.78%: about 72 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 0.63% of total loans at American Express National Bank; net charge-offs: 2.41% of average loans. Gross loans and leases at American Express National Bank: $172.3 bn, up 7.2% in a year.
American Express National Bank: profitability
- Return on equity 42%
- Net interest margin 8.5%
- Return on assets 3.7%
Peer group of American Express National Bank
The peer group of American Express National Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of American Express National Bank (national bank), 6 sit in the same size group (over $100 bn) and 1 has its head office in Utah. Against them, American Express National Bank shows CET1 ratio 10.86% against a peer median of 12.09%, return on equity 41.56% against a peer median of 11.62% and uninsured deposit share 18.17% against a peer median of 48.19%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First-Citizens Bank & Trust Company | State nonmember bank | NC | $236.3 bn | 12.41% | 10.29% | 37.40% | |
| Citizens Bank | National bank | RI | $232.5 bn | 11.92% | 8.50% | 47.48% | |
| Manufacturers and Traders Trust Company | State member bank | NY | $218.8 bn | 11.81% | 10.70% | 48.89% | |
| American Express National Bank | National bank | UT | $213.9 bn | 10.86% | 41.56% | 18.17% | |
| KeyBank | National bank | OH | $188.6 bn | 12.27% | 12.54% | 51.83% | |
| Ally Bank | State member bank | UT | $188.2 bn | 12.30% | 14.53% | 10.37% | |
| The Northern Trust Company | State member bank | IL | $178.6 bn | 11.83% | 22.34% | 76.66% | |
. FDIC Call Reports.
Last eight quarters
Two years at American Express National Bank, to : assets +11.3%, deposits +17.1%, equity +9.1%. Staff 2,122 to 2,582.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $192.2 bn | $193.1 bn | $203.4 bn | $211.7 bn | $211.1 bn | $211.3 bn | $217.6 bn | $213.9 bn |
| Total deposits | $146.5 bn | $150.0 bn | $158.9 bn | $168.4 bn | $168.2 bn | $167.8 bn | $174.0 bn | $171.6 bn |
| Bank equity capital | $17.6 bn | $18.5 bn | $19.2 bn | $18.2 bn | $18.2 bn | $19.0 bn | $19.0 bn | $19.2 bn |
| CET1 ratio | 11.59% | 11.60% | 11.85% | 11.08% | 10.96% | 10.94% | 10.96% | 10.86% |
| Return on equity (ROE) | 39.61% | 40.12% | 44.75% | 42.73% | 44.03% | 43.03% | 42.14% | 41.56% |
| Uninsured share of domestic deposits | 20.53% | 19.44% | 21.79% | 21.58% | 22.34% | 21.22% | 19.15% | 18.17% |
| Full-time equivalent employees | 2,122 | 2,199 | 2,284 | 2,373 | 2,411 | 2,477 | 2,522 | 2,582 |
| Number of offices | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of American Express National Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed American Express Bank, FSB. (FDIC certificate 35328).
Large one-quarter moves at American Express National Bank
- Total assets at American Express National Bank changed by +61.7% in the quarter to 2017-12-31, with no FDIC structure event in that quarter.
- Total assets at American Express National Bank changed by +97.4% in the quarter to 2018-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from American Express Bank, FSB..
Questions and identifiers
What were the total assets of American Express National Bank?
American Express National Bank reported $213.9 bn at in its Call Report. That makes American Express National Bank the 22nd largest of 497 banks in our US coverage.
Is American Express National Bank the same as its holding company?
No. This page covers American Express National Bank, FDIC certificate 27471; AMERICAN EXPRESS CO (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is American Express National Bank profitable?
American Express National Bank reported net income of $4.0 bn for the year to ; annualized return on equity: 41.56%. So yes: American Express National Bank made a profit over these months.
When is data for American Express National Bank next updated?
Figures from American Express National Bank for are due after .
Where can I check the figures for American Express National Bank?
In the FDIC BankFind Suite record for certificate 27471, and in the Call Reports of American Express National Bank (RSSD ID 1394676) at the FFIEC Central Data Repository.