American Express Reports Stabilizing Credit Quality Metrics for May 2026
AXP sits 19% above its 52-week low of $286.15 on light trading volume (0.4× avg).
Summary
American Express disclosed updated credit quality metrics for May 2026, indicating stabilizing write-off rates and decreasing delinquency across its U.S. Consumer and Small Business card portfolios.
Key Events · Legal and Risk Events · AXP
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Stabilizing Write-Off Rates
Net write-off rates for U.S. Consumer Card balances remained stable at 2.0% in May, while U.S. Small Business rates were 2.6%.
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Decreasing Delinquency
30-day delinquency rates for U.S. Consumer Card balances decreased to 1.1% in May from 1.3% in March, and for U.S. Small Business, they fell to 1.4% from 1.6% over the same period.
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Updated Credit Performance
This data provides a more current view of credit quality, showing a stabilization or improvement compared to an increasing trend noted in an April 15th filing.
Analysis · AXP · Finance
This 8-K provides updated monthly credit quality data for May 2026, showing a stabilization in net write-off rates and a decrease in delinquency rates for both U.S. Consumer and Small Business Card balances. This update is significant as it follows a previous disclosure on April 15th, 2026, which noted an increasing trend in write-off rates. The current data suggests an improvement in credit performance, potentially alleviating concerns raised by the earlier report.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. 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 $339.19 on NYSE in the Finance sector, with a market capitalization of approximately $231.4B. The 52-week trading range was $286.15 to $387.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.