American Express May U.S. Consumer card delinquencies eased to 1.1% from 1.2%
American Express disclosed monthly credit statistics for its U.S. Consumer and U.S. Small Business card balances held for investment through May 31, 2026. Delinquency rates fell in both portfolios, and total balances rose to $160.5 billion from $157.2 billion in April. Net write-off rates were mixed, with the Consumer rate easing and the Small Business rate rising.
Key points
- U.S. Consumer 30-plus days past due fell to 1.1% in May, from 1.2% in April and 1.3% in March.
- U.S. Small Business 30-plus days past due fell to 1.4% in May, from 1.5% in April and 1.6% in March.
- U.S. Consumer net write-off rate was 2.0% in May, down from 2.1% in April; Small Business rose to 2.6% from 2.4%.
- Total card balances held for investment were $160.5 billion at May 31, 2026, up from $157.2 billion at April 30.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 15, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.