| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| Not Applicable | ||
| (Former name or former address, if changed since last report) | ||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| Item 7.01 | Regulation FD Disclosure | ||||
| November 30, 2024 | October 31, 2024 | September 30, 2024 | |||||||||||||||
| U.S. Consumer Card Member loans: | |||||||||||||||||
Total loans | $ | 89.3 | $ | 88.0 | $ | 86.8 | |||||||||||
30 days past due loans as a % of total | 1.4 | % | 1.4 | % | 1.4 | % | |||||||||||
Average loans | $ | 88.7 | $ | 87.4 | $ | 87.0 | |||||||||||
Net write-off rate – principal only (a) | 2.0 | % | 2.4 | % | 1.9 | % | |||||||||||
| U.S. Small Business Card Member loans: | |||||||||||||||||
Total loans | $ | 30.7 | $ | 30.5 | $ | 29.9 | |||||||||||
30 days past due loans as a % of total | 1.5 | % | 1.5 | % | 1.5 | % | |||||||||||
Average loans | $ | 30.6 | $ | 30.2 | $ | 30.0 | |||||||||||
Net write-off rate – principal only (a) | 2.3 | % | 2.2 | % | 2.1 | % | |||||||||||
Total Card Member loans – U.S. Consumer and U.S. Small Business | $ | 120.0 | $ | 118.5 | $ | 116.7 | |||||||||||
| (a) | Net write-off rate based on principal only (i.e., excluding interest and/or fees). | ||||
November 1, 2024 through November 30, 2024 | October 1, 2024 through October 31, 2024 | September 1, 2024 through September 30, 2024 | |||||||||||||||
| Ending total principal balance | $ | 25.9 | $ | 25.7 | $ | 25.5 | |||||||||||
| Defaulted amount | $ | 0.04 | $ | 0.05 | $ | 0.04 | |||||||||||
| Annualized default rate, net of recoveries | 1.3 | % | 1.5 | % | 1.3 | % | |||||||||||
| Total 30+ days delinquent | $ | 0.2 | $ | 0.2 | $ | 0.2 | |||||||||||
| AMERICAN EXPRESS COMPANY | ||||||||
| (REGISTRANT) | ||||||||
| By: | /s/ James J. Killerlane III | |||||||
| Name: James J. Killerlane III | ||||||||
| Title: Corporate Secretary | ||||||||
Document and Entity Information |
Dec. 16, 2024 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Document Period End Date | Dec. 16, 2024 |
| Entity Registrant Name | AMERICAN EXPRESS CO |
| Entity Central Index Key | 0000004962 |
| Amendment Flag | false |
| Entity Incorporation, State or Country Code | NY |
| Entity File Number | 1-7657 |
| Entity Tax Identification Number | 13-4922250 |
| Entity Address, Address Line One | 200 Vesey Street |
| Entity Address, City or Town | New York |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 10285 |
| City Area Code | 212 |
| Local Phone Number | 640-2000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Shares (par value $0.20 per Share) |
| Trading Symbol | AXP |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |
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