American Express Discloses May 2026 Delinquency and Write-off Statistics

Details

Consumer and U.S. Small Business Card balances for May 31, 2026. The 30-day delinquency rate for U.S. Consumer Card balances was 1.1%, and for U.S. Small Business Card balances, it was 1.4%. The net write-off rate for U.S. Consumer Card balances was 2.0%, and for U.S. Small Business Card balances, it was 2.6%. These statistics are part of a monthly Regulation FD disclosure and provide insight into the credit performance of the company's card portfolios.

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About American Express Co.

American Express Co. is a leading global financial services company, primarily known for its charge cards, credit cards, and travel-related services. Founded in 1850 and headquartered in New York City, American Express is recognized for its premium customer service and luxury lifestyle benefits, distinguishing it within the highly competitive financial services industry. Its products are used by individual consumers, small businesses, and large corporations, showing a robust presence in various sectors. The company's core operations encompass a broad range of payment solutions, offering rewarding loyalty programs such as Membership Rewards, which enhance customer engagement and satisfaction. American Express also provides products related to expense management and international payment processing, essential for businesses and travelers worldwide. Their unique charge card model, which requires payment in full each month, promotes financial discipline among cardholders. American Express plays a significant role in the financial market, not only by facilitating consumer and business transactions but also by supporting economic activities and travel industries. Its stock performance is closely watched by investors for insights into consumer spending trends, making it a vital entity in global financial dynamics.