Warren Buffett's Favorite Financial Stock: American Express

Warren Buffett's Berkshire Hathaway owns a 22.1% stake in American Express, valued at $203 billion. The stock has dropped 23% from its 52-week high and offers a 1.1% dividend yield. American Express operates a "closed-loop" network, serving as issuer, merchant acquirer, and payment processor. Its premium customer base has a low delinquency rate, and the company has raised its annual dividend to $3.28 per share in 2026.