American Express posts Feb. 2026 U.S. card loan write-off rates: consumer 2.0%, small business 2.8%
Less than 1 min read
American Express disclosed February 2026 delinquency and net write-off rates for U.S. Consumer and Small Business card loans.
Key Highlights:
- U.S. Consumer loans totaled $95.1B in Feb with 30‑day delinquencies at 1.4% and net write-offs of 2.0%.
- U.S. Small Business loans totaled $31.3B in Feb with 30‑day delinquencies at 1.7% and net write-offs of 2.8%.
- Total U.S. Consumer + Small Business loans held for investment were $126.4B in Feb, down from $131.0B in Dec.
- Lending Trust ending principal was $24.4B in Feb with an annualized default rate net of recoveries of 1.3%.
Original SEC Filing: AMERICAN EXPRESS CO [ AXP ] - 8-K - Mar. 16, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.