American Express Reports Improved June Credit Quality Metrics
AXP sits 26% above its 52-week low of $288.34 on light trading volume (0.3× avg).
Summary
American Express released its June 2026 credit quality metrics, showing stable delinquency rates and lower write-off rates for its U.S. Consumer and Small Business card portfolios, partly due to an asset sale.
Key Events · Corporate Governance and Compliance · AXP
-
U.S. Consumer Write-off Rate Decreases
The net write-off rate for U.S. Consumer Card balances decreased to 1.4% in June 2026 from 2.0% in May 2026.
-
U.S. Small Business Write-off Rate Improves
The net write-off rate for U.S. Small Business Card balances decreased to 2.3% in June 2026 from 2.6% in May 2026.
-
Lending Trust Default Rate Lower
The annualized default rate for the American Express Credit Account Master Trust decreased to 0.7% in June 2026 from 1.2% in May 2026.
-
Asset Sale Impact on Write-off Rates
The reported write-off rate improvements in June were partially influenced by the sale of certain previously written-off Card balances to a third party.
Analysis · AXP · Finance
This 8-K provides updated credit quality statistics for June 2026, showing stable delinquency rates and a decrease in net write-off rates for both U.S. Consumer and Small Business Card portfolios. The reported improvement in write-off rates was partially aided by the sale of previously written-off balances. This indicates a continued stable to improving trend in the company's loan portfolio health.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1668 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AXP was trading at $362.30 on NYSE in the Finance sector, with a market capitalization of approximately $247.2B. The 52-week trading range was $288.34 to $387.49. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.