American Express Files 8-K Report
Ticker: AXP · Form: 8-K · Filed: Dec 16, 2024 · CIK: 4962
| Field | Detail |
|---|---|
| Company | American Express CO (AXP) |
| Form Type | 8-K |
| Filed Date | Dec 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.20 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, sec-filing
Related Tickers: AXP
TL;DR
AXP filed an 8-K, standard procedure, no major news yet.
AI Summary
On December 16, 2024, American Express Company filed an 8-K report. The filing primarily serves as a notification of a current report being filed, with no specific material events detailed in the provided text. The report confirms the company's identity, its principal executive offices at 200 Vesey Street, New York, NY 10285, and its telephone number.
Why It Matters
This filing indicates that American Express is adhering to its regulatory disclosure obligations by submitting a current report to the SEC.
Risk Assessment
Risk Level: low — The filing is a routine procedural document and does not disclose any new material information that would inherently increase risk.
Key Players & Entities
- AMERICAN EXPRESS CO (company) — Registrant
- 200 Vesey Street, New York, NY 10285 (location) — Principal executive offices
- December 16, 2024 (date) — Date of earliest event reported
FAQ
What is the purpose of this Form 8-K filing for American Express Company?
The purpose of this Form 8-K filing is to report current information as required by Section 13 or 15(d) of the Securities Exchange Act of 1934, with the date of the earliest event reported being December 16, 2024.
What is American Express Company's principal executive office address?
American Express Company's principal executive offices are located at 200 Vesey Street, 50th Floor, New York, New York 10285.
What is the telephone number for American Express Company?
The telephone number for American Express Company, including the area code, is (212) 640-2000.
What is the state of incorporation for American Express Company?
American Express Company is incorporated in New York.
What is the fiscal year end for American Express Company?
American Express Company's fiscal year ends on December 31.
Filing Stats: 926 words · 4 min read · ~3 pages · Grade level 7.5 · Accepted 2024-12-16 12:00:38
Key Financial Figures
- $0.20 — ch registered Common Shares (par value $0.20 per Share) AXP New York Stock Exchange
Filing Documents
- axp-20241216.htm (8-K) — 63KB
- 0000004962-24-000074.txt ( ) — 185KB
- axp-20241216.xsd (EX-101.SCH) — 2KB
- axp-20241216_lab.xml (EX-101.LAB) — 21KB
- axp-20241216_pre.xml (EX-101.PRE) — 12KB
- axp-20241216_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure American Express Company (the "Company") is hereby furnishing below delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card Member lending portfolios for the months ended November 30, October 31 and September 30, 2024. American Express Company U.S. Consumer and U.S. Small Business Delinquency and Write-off Rate Statistics As of and for the months ended November 30, October 31 and September 30, 2024 (Billions, except percentages) 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). The statistics presented above provide information that is additional to the data reported by the American Express Credit Account Master Trust (the "Lending Trust") in its monthly Form 10-D report filed with the Securities and Exchange Commission. The Card Member loans that have been securitized through the Lending Trust do not possess identical characteristics with those of the total U.S. Consumer or U.S. Small Business Card Member loan portfolios, which include securitized and non-securitized Card Member loans. The reported credit performance of the Lending Trust may, on a month-to-month basis, be better or worse as a result of, among other things, differences in the mix, vintage and aging of loans, the use of end-of-period principal loan balances to calculate write-off statistics in