---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000302"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-07-15T16:00:29+00:00"
generated_at: "2026-07-15T16:01:14.532609+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AXP June credit metrics: Consumer net write-off 1.4% (down 0.6pp MoM), Small Business 2.3% (down 0.3pp)

## Summary
- U.S. Consumer card balances $113.8B; 30+ day past due 1.1%; net write-off rate 1.4% for June (down from 2.0% in May).
- U.S. Small Business card balances $45.9B; 30+ day past due 1.4%; net write-off rate 2.3% for June (down from 2.6% in May).
- Sale of previously written-off balances reduced June net write-off rates by ~0.3% for Consumer and ~0.1% for Small Business.
- Lending Trust annualized default rate for June 0.7% (down from 1.2% in May and 1.3% in April).

## SEC filing metadata
- accession: 0000004962-26-000302
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-07-15T16:00:29+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496226000302/0000004962-26-000302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000302/axp-20260715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000302
- JSON: https://secwatch.observer/filing/0000004962-26-000302.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000302.txt

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