AmEx reports stable August loan credit stats; total loans $125.5B

AMERICAN EXPRESS CO

U.S. Consumer net write-off rate 2.0% (unchanged from July); 30+ day delinquency 1.3%.
U.S. Small Business net write-off rate 2.7% (up from 2.6% in June); delinquency 1.6%.
U.S. Consumer total loans $94.6B; Small Business $30.9B; combined $125.5B.
Lending Trust annualized default rate 1.2% (Aug); total 30+ day delinquent $0.2B.

item 7.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.