美国运通8-K例行披露8月美国消费卡及小企业卡拖欠率与净核销率，信贷指标整体平稳无新增指引

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 15, 2026
AMERICAN EXPRESS CO
MPANY
(Exact name of registrant as specified in its charter)
New York
1-7657
13-4922250
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
200 Vesey Street
,
New York
,
New York
10285
(Address of principal executive offices and zip code)
(
212
)
640-2000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares (par value $0.20 per Share)
AXP
New York Stock Exchange
3.433% Fixed-to-Floating Rate Notes due May 20, 2032
AXP32
New York Stock Exchange
3.835% Fixed-to-Floating Rate Notes due June 16, 2034
AXP34
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01
Regulation FD
Disclosure
American Express
Company (the “Company”) is
hereby furnishing below
delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card balances held for investment for the months ended August 31, July 31 and June 30, 2026; Card balances classified as held for sale on the Consolidated Balance Sheets are not reflected in the table below.
American
Express
Company
U.S. Consumer and U.S. Small Business
Delinquency
and
Write-off
Rate
Statistics
As
of
and
for
the
months
ended August 31, July 31
and
June 30, 2026
(Billions,
except
percentages)
August 31,
2026
July 31,
2026
June 30,
2026
U.S.
Consumer
Card
balances
:
Total
Card balances
$
114.2
$
113.1
$
113.8
30
days
past
due
as
a
%
of
total
1.1
%
1.1
%
1.1
%
Average
Card balances
$
113.7
$
113.5
$
113.8
Net
write-off
rate
–
principal
only
(a)(b)
1.7
%
1.7
%
1.4
%
U.S.
Small
Business
Card
balances
:
Total
Card balances
$
46.1
$
46.1
$
45.9
30
days
past
due
as
a
%
of
total
1.3
%
1.3
%
1.4
%
Average
Card balances
$
46.1
$
46.0
$
46.3
Net
write-off
rate
–
principal
only
(a)(b)
2.2
%
2.6
%
2.3
%
Total
Card
balances
held
for
investment
–
U.S.
Consumer and U.S. Small Business
$
160.3
$
159.2
$
159.7
(a)
Net
write-off
rate
based
on
principal
only
(i.e.,
excluding
interest
and/or
fees).
(b)
During June 2026, the Company sold certain previously written-off Card balances to a third party. Accordingly, the Net write-off rate – principal only reported above for June 2026 reflects the proceeds from the sale. For June 2026, the sale reduced the net write-off rates by approximately 0.3% and 0.1% for the U.S. Consumer and U.S. Small Business portfolios, respectively.
The statistics presented above provide information that is additional to the data reported by the American Express Credit Account Master Trust (the “Lending Trust”) in its monthly Form 10-D report filed with the Securities and Exchange Commission.
The Card balances that have been securitized through the Lending Trust, presented below, reflect only revolve-eligible balances and therefore differ from
the
total
U.S.
Consumer
and
U.S.
Small
Business
Card balance
portfolios,
which
reflect both revolve-eligible balances and pay-in-full balances and
include
both
securitized
and
non-securitized
Card
balances
.
In addition, the
reported
credit performance of the Lending Trust may, on a month-to-month basis, be better or worse as a result of, among other things, differences in the mix, vintage and aging of balances, the use of end-of-period principal balances to calculate write-off statistics in the Lending Trust compared to the use of average Card balances over the reporting period used in the statistics of the U.S. Consumer and U.S. Small Business Card balance portfolios, as well as other mechanics of the calculation for the Lending Trust net write-off rate, which is impacted by any additions to the Lending Trust within a particular period. Statistics for the U.S. Consumer and U.S. Small Business Card balance portfolios and the Lending Trust for any particular monthly period may be subject to variability due to a number of factors, including the number of days in a month, timing of holidays and weekends, seasonality and the timing of information received from third parties.
-2-
Set
forth
below
is
certain
information
regarding
the
credit
performance
of
the
Lending
Trust
for
its
three
most recent monthly reporting periods, as reported in its Form 10-D report filed with respect to each such period.
American
Express
Credit
Account
Master
Trust
(Billions,
except
percentages)
August 1, 2026
through
August 31, 2026
July 1, 2026
through
July 31, 2026
June 1, 2026
through
June 30, 2026
Ending total principal balance
$
25.0
$
24.9
$
25.2
Defaulted amount
$
0.04
$
0.04
$
0.04
Annualized default rate, net of recoveries
(a)
1.0
%
1.1
%
0.7
%
Total 30+ days delinquent
$
0.2
$
0.2
$
0.2
(a)
As noted above, during June 2026, the Company sold certain previously written-off Card balances to a third party. Accordingly, the Annualized default rate, net of recoveries reported above for June 2026 reflects the proceeds allocable to the Lending Trust from the sale.
-3-
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMERICAN EXPRESS COMPANY
(REGISTRANT)
By:
/s/ James J. Killerlane III
Name: James J. Killerlane III
Title: Corporate Secretary
Date: September 15, 2026
-4-