AXP · American Express Company
AI read · Neutral
The AI's read
American Express filed an 8-K giving U.S. card delinquency and write-off numbers for June through August 2026. Consumer 30-day delinquency stayed at 1.1% while consumer write-offs rose to 1.7% in August; small-business write-offs improved to 2.2% and total U.S. card balances were $160.3B, so the data are mixed and do not change how we read the company.