---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000060"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:21:55.965084+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AmEx reports April credit metrics: U.S. Consumer net write-off rate declines to 2.0%

## Summary
- U.S. Consumer total loans $90.7B; 30+ day delinquencies steady at 1.4%; net write-off rate fell to 2.0% from 2.5% in Feb.
- U.S. Small Business total loans $31.6B; 30+ day delinquencies at 1.6%; net write-off rate improved to 2.4% from 2.6%.
- Total loans (Consumer + Small Business) $122.3B at April 30, up from $118.0B at Feb 28.
- Lending Trust annualized default rate (net) improved to 1.3% in April vs 1.8% in February; delinquencies flat at $0.2B.
- Lowe's small business cobrand loans reclassified to held-for-sale since Dec 2024; excluded from loan table.

## SEC filing metadata
- accession: 0000004962-25-000060
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496225000060/0000004962-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000060/axp-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000060
- JSON: https://secwatch.observer/filing/0000004962-25-000060.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000060.txt

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