---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000345"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-08-17T16:00:28+00:00"
generated_at: "2026-08-17T16:01:55.794526+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# AXP July credit stats: consumer net write-off 1.7%, small biz 2.6%; balances flat

## Summary
- U.S. Consumer card balances $113.1B at July 31; 30+ days past due 1.1%; net write-off rate 1.7% for July.
- U.S. Small Business card balances $46.1B; 30+ days past due 1.3%; net write-off rate 2.6% for July.
- June net write-off rates adjusted for sale of written-off balances: consumer cut by 0.3pp, small business by 0.1pp.
- Lending Trust: ending principal $24.9B; annualized default rate 1.1% for July vs 0.7% June (adjusted).

## SEC filing metadata
- accession: 0000004962-26-000345
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-08-17T16:00:28+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496226000345/0000004962-26-000345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000345/axp-20260817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000345
- JSON: https://secwatch.observer/filing/0000004962-26-000345.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000345.txt

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