---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000259"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:29:49.302085+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AmEx: Oct consumer loan net write-off rate rises to 2.2% vs 1.9% in Sep

## Summary
- U.S. Consumer total loans $95.2B; 30+ days past due 1.4% (unchanged from Sep).
- Consumer net write-off rate (principal only) 2.2% in Oct vs 1.9% in Sep and 2.0% in Aug.
- U.S. Small Business total loans $31.2B; 30+ days past due 1.6%, net write-off rate 2.6% (vs 2.5% in Sep).
- Lending Trust: annualized default rate net of recoveries 1.3% (Oct/Sep) vs 1.2% (Aug).
- Total U.S. Consumer & Small Business loans held for investment $126.4B as of Oct 31.

## SEC filing metadata
- accession: 0000004962-25-000259
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496225000259/0000004962-25-000259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000259/axp-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000259
- JSON: https://secwatch.observer/filing/0000004962-25-000259.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000259.txt

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