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American Express May card delinquency rate holds steady

Jun. 17, 2019 12:37 PM ETAmerican Express Company (AXP) StockAXPBy: Liz Kiesche, SA News Editor
  • American Express (AXP -0.5%) May U.S. consumer card delinquency rate of 1.4% stays unchanged from April.
  • Net write-off rate of 2.5% ticks up from 2.4% in April.
  • U.S. small business card delinquency rate of 1.2% improves from 1.3% in April.
  • Small business card net write-off rate increases to 2.0% from 1.8% in April.
  • Previously: American Express April delinquency rate ticks down (May 15)

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