secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0000004962-25-000172
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496225000172/0000004962-25-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496225000172/axp-20250915.htm
  HTML page:      https://secwatch.observer/filing/0000004962-25-000172

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer