---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000249"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-05-15T16:00:46+00:00"
generated_at: "2026-05-15T16:06:04.778838+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AMEX April credit: US Consumer write-off 2.1%; Small Biz 2.4%; delinquencies improve

## Summary
- Total Card balances $157.2B, up 1.2% from March; US Consumer $111.4B, Small Biz $45.8B.
- US Consumer 30+ day delinquency 1.2% (down 10 bps MoM); net write-off rate 2.1% (up 10 bps).
- Small Business 30+ day delinquency 1.5% (down 10 bps); net write-off rate 2.4% (down 20 bps).
- Lending Trust annualized default rate 1.3% for April, stable versus prior months.
- Disclosure updated to combine revolve-eligible and pay-in-full Card balances.

## SEC filing metadata
- accession: 0000004962-26-000249
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-05-15T16:00:46+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/4962/000000496226000249/0000004962-26-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000249/axp-20260515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000249
- JSON: https://secwatch.observer/filing/0000004962-26-000249.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000249.txt

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