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flag American Express raised annual fees to $119 in Q3 2025, a 72% rise since 2020, boosting revenue and stock performance.

flag American Express reported an average annual fee of $119 per active card in Q3 2025, a 72% increase since 2020, reflecting strong pricing power and customer loyalty. flag The metric underscores the company’s ability to grow revenue without significant customer loss, supported by its premium brand and cardholder benefits. flag Shares rose 18% in 2025 through October 20, outperforming the S&P 500, with a market cap of $246 billion and a stock price of $357.56 as of October 24.

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