secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EXPRESS CO (AXP)
CIK:        0000004962
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0000004962-26-000121
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000121/0000004962-26-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4962/000000496226000121/axp-20260316.htm
  HTML page:      https://secwatch.observer/filing/0000004962-26-000121

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