American Express reports September card credit performance
Filed with the SEC on · Summarized by InvestorsBot
American Express reported preliminary September 30, 2026 U.S. Consumer and U.S. Small Business Card balances held for investment of $160.9 billion, up from $160.3 billion in August; 30-day delinquency rates were 1.2% and 1.4%, while net write-off rates were 1.5% and 2.1%, respectively. In the American Express Credit Account Master Trust, the annualized default rate was 1.0% for September, down from 1.1% in July, with $0.2 billion of balances 30 or more days delinquent.