---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000148"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:13:25.100972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AmEx reports Q1 2026 US consumer loan net write-off rate 2.0%; small business 2.8%

## Summary
- Consumer loans 30+ days past due stable at 1.4% for three months ended March 31.
- Consumer net write-off rate (principal only) 2.2% in March vs 2.0% in Feb and 1.9% in Jan.
- Small business net write-off rate 2.9% in March (2.8% for Q1); past due 1.7%.
- Total US consumer and small business loans $129.7B at March 31, up from $126.4B at Feb 28.
- Lending Trust annualized default rate 1.2% in March (vs 1.3% Feb, 1.1% Jan).

## SEC filing metadata
- accession: 0000004962-26-000148
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496226000148/0000004962-26-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000148/axp-20260415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000148
- JSON: https://secwatch.observer/filing/0000004962-26-000148.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000148.txt

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