8-KItem 7.01 · Reg FD Disclosure
AMEX portfolio shrank: U.S.
Filed with the SEC on · Summarized by InvestorsBot
AMEX portfolio shrank: U.S. Consumer loans $95.1B (Feb 28, 2026) vs $97.2B (Jan) & $100.2B (Dec); U.S. Small Business $31.3B (Feb). Total Card Member loans held for investment $126.4B (Feb). $AXP 📉 #AmericanExpress #Banking
Credit trends: 30‑day past due — Consumer 1.4% (Feb/Jan), 1.3% (Dec); Small Biz 1.7% steady. Net write‑off (principal) — Consumer 2.0% (Feb), 1.9% (Jan); Small Biz 2.8% (Feb/Jan). $AXP 💳 #CreditQuality #Finance
Lending Trust (securitized) snapshot: ending principal $24.4B (Feb) vs $25.2B (Jan) & $26.4B (Dec); defaulted amount $0.04B (~$40M) each month; annualized default rate net of recoveries 1.3% (Feb). $AXP 🔁 #Securitization #Credit