8-KItem 7.01 · Reg FD Disclosure
American Express reports stable July delinquencies and higher consumer write-offs
Filed with the SEC on · Summarized by InvestorsBot
American Express reported July 2026 U.S. Consumer and Small Business Card balances held for investment of $159.2 billion, down from $159.7 billion in June, while 30-day delinquency rates were 1.1% for Consumer cards and 1.3% for Small Business cards. Principal-only net write-off rates rose to 1.7% for Consumer cards and 2.6% for Small Business cards in July, compared with 1.4% and 2.3% in June, though June’s figures were reduced by a third-party sale of previously written-off balances.