American Express Reports Stabilizing Credit Quality Metrics for May 2026

summarizeSummary

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.

check_boxKey Events

• 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%.

• 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.

• 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.

auto_awesomeAnalysis

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.