{"schema_version":"secwatch.filing_event.v1","accession":"0000004962-25-000068","form_type":"8-K","ticker":"AXP","cik":"0000004962","company_name":"AMERICAN EXPRESS CO","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.992595+00:00","generated_at":"2026-05-19T07:13:43.101807+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"American Express reports May 2025 credit metrics; reclassifies $1.6B Amazon cobrand loans to held for sale","bullets":["Total U.S. Consumer & Small Business loans held for investment $124.0B at May 31, up from $122.3B in April.","U.S. Consumer net write-off rate (principal) 2.1% in May vs 2.0% in April; 30+ days past due 1.3% (down from 1.4%).","U.S. Small Business net write-off rate 2.4% (unchanged); 30+ days past due 1.5% (down from 1.6%).","Reclassified ~$1.6B in Amazon small business cobrand loans to held for sale effective June 1, 2025.","Lending Trust annualized default rate 1.3% in May (flat vs April, down from 1.5% in March)."],"urls":{"canonical":"https://secwatch.observer/filing/0000004962-25-000068","json":"https://secwatch.observer/filing/0000004962-25-000068.json","markdown":"https://secwatch.observer/filing/0000004962-25-000068.md","text":"https://secwatch.observer/filing/0000004962-25-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/4962/000000496225000068/0000004962-25-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/4962/000000496225000068/axp-20250616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T07:13:43.101807+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}