American Express Faces Trust Test Amid Anti-Money-Laundering Investigation
American Express (AXP) has seen its stock price decline by 12.9% year to date, but its long-term total return figures remain positive.
The card issuer's recent trading has been choppy, with a share price drop of 5.2% over the past month and 12.9% year to date.
However, the company's three-year total shareholder return stands at 105.3%, and its five-year total shareholder return is 110.5%, indicating that long-term holders have been rewarded despite near-term sentiment softening ahead of the next earnings update.
American Express has a long history of building trust with its customers, dating back to its founding in 1841 under different names, but an ongoing anti-money-laundering investigation has raised questions about the company's ability to maintain that trust.