---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-24-000074"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:10:10.946834+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# AmEx reports Nov credit metrics: consumer write-off rate down, small-business up

## Summary
- U.S. Consumer net write-off rate (principal) fell to 2.0% in Nov from 2.4% in Oct; 30+ day delinquency stable at 1.4%.
- U.S. Small Business net write-off rate rose to 2.3% in Nov from 2.2% in Oct; delinquency unchanged at 1.5%.
- Total Card Member loans (Consumer + Small Business) grew to $120.0B at Nov 30 from $118.5B at Oct 31.
- Lending Trust annualized default rate was 1.3% in Nov vs 1.5% in Oct and 1.3% in Sep.

## SEC filing metadata
- accession: 0000004962-24-000074
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496224000074/0000004962-24-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496224000074/axp-20241216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-24-000074
- JSON: https://secwatch.observer/filing/0000004962-24-000074.json
- Plain text: https://secwatch.observer/filing/0000004962-24-000074.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.