American Express (AXP) plans 1.95M sq ft World Trade Center headquarters

Rhea-AI Filing Summary

American Express Company has outlined plans to build a new headquarters of approximately 1.95 million square feet at 200 Greenwich Street, the 2 World Trade Center site in New York City. Construction is planned to start in the spring of 2026 and is expected to be completed in 2031.

The company states that the project is not expected to have a material impact on its financial results. It also highlights typical real estate development risks, including potential construction delays, cost overruns, required approvals, environmental and insurance issues, economic and supply chain conditions, severe weather or catastrophic events, and changes in certification standards.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 25, 2026

AMERICAN EXPRESS COMPANY

(Exact name of registrant as specified in its charter)

   

New York

1-7657

13-4922250

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

200 Vesey Street,

New York, New York 10285

(Address of principal executive offices and zip code)

(212) 640-2000

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Shares (par value $0.20 per Share)

AXP

New York Stock Exchange

3.433% Fixed-to-Floating Rate Notes due May 20, 2032

AXP32

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure

The following information is furnished under Item 7.01 – Regulation FD Disclosure:

On February 25, 2026, American Express Company (the “Company”) announced plans to build a new approximately 1.95 million square foot headquarters at 200 Greenwich Street (2 World Trade Center site) in New York City. Construction is planned to begin in the spring of 2026 and is expected to be completed in 2031. The project is not expected to have a material impact on the Company’s financial results.

Cautionary Note Regarding Forward-Looking Statements

This report includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. The forward-looking statements, which include current expectations regarding the Company’s headquarters and its development, estimated completion date and impact to the Company’s financial results, among other matters, contain words such as “believe,” “expect,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” estimate,” “continue” and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements, include, but are not limited to: risks of real estate development, including the construction delays and cost overruns, receipt of requisite approvals, liability or contract claims by or against project partners, construction firms, governmental bodies or others, the impact of environmental laws and the Company’s ability to procure sufficient insurance coverage on acceptable terms; changes in economic and market conditions, including inflation and building supply chain disruptions; severe weather conditions, natural disasters or other catastrophic events affecting the property or its development; and changes in certification standards. A further description of these and other risks and uncertainties can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its other reports filed with the Securities and Exchange Commission.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			AMERICAN EXPRESS COMPANY
			(REGISTRANT)
			By:			/s/ James J. Killerlane III
						Name:  James J. Killerlane III
						Title:    Corporate Secretary

Date: February 25, 2026

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FAQ

What did American Express (AXP) announce in this 8-K filing?

American Express announced plans for a new headquarters building at 200 Greenwich Street in New York City, totaling about 1.95 million square feet. The company expects construction to begin in spring 2026 and be completed in 2031, with no material impact on financial results.

Where will American Express (AXP) build its new headquarters and how large will it be?

The new American Express headquarters is planned for 200 Greenwich Street, the 2 World Trade Center site in New York City. It is expected to be approximately 1.95 million square feet, consolidating corporate space in a major Manhattan location for long-term use.

What is the expected timeline for American Express’s (AXP) new headquarters project?

American Express expects construction on its new headquarters to begin in the spring of 2026 and to be completed in 2031. This multi-year development schedule reflects the scale of the roughly 1.95 million square foot project at 200 Greenwich Street in New York City.

How does American Express (AXP) expect the new headquarters to affect its financial results?

American Express states the headquarters project is not expected to have a material impact on its financial results. This means, based on current expectations, the costs and related effects are not anticipated to significantly change the company’s overall financial performance metrics.

What key risks does American Express (AXP) highlight for the new headquarters development?

American Express cites risks common to real estate development, including construction delays, cost overruns, required approvals, potential liability or contract claims, environmental law impacts, and challenges obtaining insurance. It also notes economic conditions, supply chain disruptions, severe weather, catastrophic events, and changing certification standards as additional risk factors.

Where can investors find more information on American Express (AXP) risk factors?

Investors are directed to American Express’s Annual Report on Form 10-K for the year ended December 31, 2025, and other reports filed with the Securities and Exchange Commission. These documents provide broader discussions of risks and uncertainties beyond the headquarters project alone.

Filing Exhibits & Attachments

4 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.7 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 15.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 26.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 15.7 KB