American Express rises after second-quarter profit beats estimates

Shares of American Express AXP.N rise 0.5% to $317.20 in premarket

AXP exceeds estimates for second-quarter profit, fueled by resilient spending by its affluent cardholders

Excluding one-time items, AXP earns $4.08 per share for the three months ended June 30, compared with analysts' expectation of $3.89 - LSEG

Total revenue rises 9% to $17.9 billion

AXP boosts its provisions for credit losses to $1.4 billion, from $1.3 billion a year earlier

As of last close, AXP up nearly 6% YTD