---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000121"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-03-16T23:59:59+00:00"
generated_at: "2026-05-15T12:08:58.216777+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AmEx Feb credit data: Consumer 30+ day delinquency edges up to 1.4%; small business write-off rate 2.8%

## Summary
- U.S. Consumer total loans $95.1B (Feb), down from $100.2B (Dec); 30+ day delinquency 1.4% vs 1.3% in Dec.
- U.S. Small Business 30+ day delinquency steady at 1.7%; net write-off rate principal-only 2.8% (Dec: 2.7%).
- Lending Trust annualized default rate Feb 1.3% up from 1.1% in Jan; defaulted amount $0.04B.
- Total card loans held for investment $126.4B (Feb) vs $131.0B (Dec), decline of $4.6B.

## SEC filing metadata
- accession: 0000004962-26-000121
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-03-16T23:59:59+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/4962/000000496226000121/0000004962-26-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000121/axp-20260316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000121
- JSON: https://secwatch.observer/filing/0000004962-26-000121.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000121.txt

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