American Express Company has provided an update on its delinquency and write-off statistics for U.S. Consumer and Small Business Card balances. This information is crucial as it reflects the financial health of the company and trends in consumer credit behavior.
The filing, submitted on October 15, 2026, reveals delinquency rates and write-off statistics for the months ending September 30, August 31, and July 31, 2026, as well as for the three months ending September 30, 2026. This data is essential for understanding how consumers are managing their credit and the overall economic climate.
Background
American Express Company, incorporated in New York, operates in the finance services sector (SIC: 6199). The company is publicly traded on the New York Stock Exchange under the ticker symbol AXP. As a large accelerated filer, American Express is subject to rigorous reporting requirements, ensuring transparency for its investors.
What the Filing Says
The filing states: "American Express 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 September 30, August 31 and July 31, 2026 and the three months ended September 30, 2026." This highlights the company's commitment to providing stakeholders with detailed insights into its credit performance.
Impact
This update may affect various stakeholders, including investors, analysts, and competitors in the finance services industry. Investors will be particularly interested in how these statistics reflect the company's risk management and credit quality. Competitors may use this information to adjust their strategies in response to American Express's performance.
What's Next
The filing does not say what happens next. However, stakeholders will likely be awaiting further updates from American Express regarding its financial performance and any strategic changes that may arise from these statistics.