Sumitomo Mitsui Financial Group increased its stake in American Express by 4.8%, while Focus Partners Wealth boosted its holding by 70.8% to a value of $132.2 million. This strong institutional interest follows the company's robust Q1 earnings report of $4.28 EPS and an 11.4% year-over-year revenue growth. Additionally, American Express issued €750 million in bonds maturing in 2034.
