AXP · News · 20260824N
Credit Portfolio Performance
AMERICAN EXPRESS CO · 2026-08-24 · Importance 38 · Surprise 24 · No source text
American Express reported $24.9 billion of Lending Trust principal in July. The portfolio had a 1.1% annualized default rate during the month. The report provides a current indicator of credit performance in the company’s lending portfolio.
Key facts
- Lending Trust principal: $24.9 billion with a 1.1% annualized default rate in July. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | contingent | -0.4% | Lending Trust principal: $24.9 billion with a 1.1% annualized default rate in July. |