American Express (AXP+0.4%) U.S. consumer credit card net write-off rate of 0.6% creeps up in October from 0.4% in September, but is still far below the 2.2% rate in October 2020.
Delinquency rate of 0.7% is unchanged from September and compares with 1.1% in October 2020.
U.S. consumer card average loans outstanding of $53.7B increase from $52.6B in September.
U.S. small business card net write-off rate of 0.5% compares with 0.4% in September and 0.5% in August; delinquency rate of 0.5% is unchanged from the previous two months; average loans outstanding of $15.2B increase from $14.7B in September.