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As of Q3'25, American Express (AXP) reported Non-interest revenues of USD 3.03B and Net interest income of USD 652M. This marks a significant decrease from previous quarters, with both segments showing sharp declines compared to their recent historical averages. From Q4'22 to Q1'25, both Non-interest revenues and Net interest income generally exhibited steady growth, peaking at USD 13.14B and USD 4.45B respectively in Q4'24. However, starting in Q2'25, there is a pronounced drop in both segments, with Non-interest revenues falling from over USD 12B to below USD 3.1B and Net interest income dropping from over USD 4B to just over USD 600M. This abrupt decline suggests a major shift in revenue composition or reporting, interrupting the prior growth trend observed over the 2022-2024 period.