Observed Signal · Sep 15, 2026 · corporate_event · Source: SEC API · Impact: 3/5
financials Market: 8-K Financial Filing Analysis for American Express (2026-09-15)
American Express Company disclosed its monthly credit performance metrics for U.S. Consumer and U.S. Small Business card portfolios for the months ended June 30, July 31, and August 31, 2026. As of August 31, 2026, total card balances held for investment stood at $160.3 billion ($114.2 billion consumer and $46.1 billion small business). Delinquency rates remained highly stable across both segments, with 30-day past-due rates at 1.1% for consumer card balances and 1.3% for small business balances. The principal-only net write-off rate held flat month-over-month at 1.7% for consumer cards, while small business net write-offs improved from 2.6% in July to 2.2% in August. Lending Trust annualized default rates net of recoveries reached 1.0% in August on a $25.0 billion securitized principal base.
These monthly metrics provide key visibility into consumer and small business credit health, showing disciplined underwriting and resilient cardholder repayment trends across American Express's core credit portfolios.
Key Takeaways & Evidence Grounding
- Total U.S. Consumer and Small Business card balances held for investment reached $160.3 billion as of August 31, 2026, up from $159.2 billion in July and $159.7 billion in June.
- 30-day delinquency rates remained steady at 1.1% for U.S. Consumer cards and 1.3% for U.S. Small Business cards in August 2026.
- Net write-off rates (principal only) in August 2026 were 1.7% for U.S. Consumer (flat vs. July) and 2.2% for Small Business (improving from 2.6% in July), while the Lending Trust net default rate was 1.0% on $25.0 billion in total principal balance.
Connected Companies & Entities
1 Entity mappedTrack Real-Time Market Signals & Shifts
Set up custom watchlists to receive automated, evidence-grounded executive digests whenever material signals or shifts occur across your tracked landscape.