---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000078"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:34:02.107113+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Express reports June 2025 credit stats; $1.6B Amazon cobrand loans reclassified to held for sale

## Summary
- U.S. Consumer loans $92.6B; 30+ day past due 1.3%; net write-off rate 2.1% (principal only).
- U.S. Small Business loans $30.1B; 30+ day past due 1.6%; net write-off rate 2.6% (principal only).
- $1.6B of Amazon small business cobrand loans reclassified to held for sale effective June 1, 2025.
- Lending Trust annualized default rate stable at 1.3% for June with $25.3B ending balance.
- Total Card Member loans held for investment $122.7B, down from $124.0B in May due to reclassification.

## SEC filing metadata
- accession: 0000004962-25-000078
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-07-15T23:59:59+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/4962/000000496225000078/0000004962-25-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000078/axp-20250715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000078
- JSON: https://secwatch.observer/filing/0000004962-25-000078.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000078.txt

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