secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0000004962-26-000028
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

AXP releases Dec 2025 US consumer & small business loan delinquency/write-off stats
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- Total U.S. Consumer & Small Business loans held for investment: $131.0B as of Dec 31, 2025.
- U.S. Consumer 30+ day past due: 1.3%; net write-off rate (principal): 2.1%.
- U.S. Small Business 30+ day past due: 1.7%; net write-off rate (principal): 2.7%.
- Lending Trust annualized default rate (net of recoveries) for Dec 2025: 1.2%.
- Credit metrics remained stable vs prior months; no material deterioration noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000028/0000004962-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000028/axp-20260115.htm
  HTML page:      https://secwatch.observer/filing/0000004962-26-000028

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