---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000210"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-10-15T23:59:59+00:00"
generated_at: "2026-05-17T03:48:42.374972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Express Sept credit metrics: consumer net write-off 1.9%, small biz 2.5%

## Summary
- Total U.S. consumer and small business card loans held for investment: $124.8B as of Sept 30.
- U.S. consumer net write-off rate (principal) 1.9% in Sept, down from 2.0% in Aug and July.
- U.S. small business net write-off rate (principal) 2.5% in Sept, down from 2.7% in Aug and July.
- 30+ day past due loans 1.4% for consumer and 1.6% for small business, stable month-over-month.
- Lending Trust annualized default rate 1.3% in Sept, vs 1.1% in July; total delinquent $0.2B.

## SEC filing metadata
- accession: 0000004962-25-000210
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-10-15T23:59:59+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/4962/000000496225000210/0000004962-25-000210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000210/axp-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000210
- JSON: https://secwatch.observer/filing/0000004962-25-000210.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000210.txt

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