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  "documentTitle": "2026 Q1 Earnings Presentation 2",
  "authorId": "American-Express",
  "authorName": "American Express",
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      "text": "Discount Revenue: Increased 9 percent versus Q1'25, driven by an increase in billed business, partially offset by lower average merchant discount rates primarily due to shifts in geographic and merchant spend mix.\nNet Card Fees: Increased 18 percent versus Q1'25, primarily driven by growth in our premium card portfolios.\nService Fees and Other Revenue: Increased 13 percent versus Q1'25, primarily driven by increases in foreign-exchange related revenues associated with Card Member cross-currency spending, network partnership revenue and loyalty coalition-related fees.\nInterest Income: Increased 9 percent versus Q1'25, primarily driven by growth in revolving loan balances, partially offset by lower interest rates.\nInterest Expense: Relatively flat versus Q1'25, reflecting growth in customer deposits and long-term debt, offset by lower interest rates paid on customer deposits.\nProvisions for Credit Losses: Increased 9 percent versus Q1'25, primarily driven by higher net write-offs and a lower reserve release in the current period.",
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      "text": "Revenue variance",
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      "kind": "paragraph",
      "text": "The following summary provides selected variance information for the three months ended March 31, 2026 compared to the same period in the prior year. It should be read in conjunction with the statistical tables for Q1'26, available at ir.americanexpress.com.",
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