American Express Files 8-K for Regulation FD Disclosure

TL;DR

Amex filed an 8-K for Reg FD - means they're sharing important info publicly.

AI Summary

On August 15, 2024, American Express Company filed an 8-K report. The filing primarily serves as a notification of a Regulation FD Disclosure, indicating that the company is providing material non-public information to the public. No specific financial transactions or material events are detailed in the provided excerpt.

Why It Matters

This filing ensures that any material information shared by American Express is made public simultaneously, maintaining fairness and transparency for all investors.

Risk Assessment

Risk Level: low — The filing is a standard procedural disclosure and does not contain information about significant financial changes or risks.

Key Players & Entities

• AMERICAN EXPRESS CO (company) — Registrant
• August 15, 2024 (date) — Date of earliest event reported
• 200 Vesey Street (location) — Principal executive offices address
• New York (location) — State of incorporation and principal executive offices city

FAQ

From the Filing

0000004962-24-000059.txt : 20240815 0000004962-24-000059.hdr.sgml : 20240815 20240815120235 ACCESSION NUMBER: 0000004962-24-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240815 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20240815 DATE AS OF CHANGE: 20240815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS CO CENTRAL INDEX KEY: 0000004962 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 02 Finance IRS NUMBER: 134922250 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07657 FILM NUMBER: 241211264 BUSINESS ADDRESS: STREET 1: 200 VESEY STREET STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2126402000 MAIL ADDRESS: STREET 1: 200 VESEY STREET STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 axp-20240815.htm 8-K axp-20240815 0000004962 false 0000004962 2024-08-15 2024-08-15 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported):  August 15, 2024   AMERICAN EXPRESS CO MPANY (Exact name of registrant as specified in its charter)     New York   1-7657   13-4922250 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 200 Vesey Street , New York , New York 10285 (Address of principal executive offices and zip code) ( 212 ) 640-2000 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ 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)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares (par value $0.20 per Share)   AXP   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 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 July 31, June 30 and May 31, 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 July 31, June 30 and May 31, 2024 (Billions, except percentages) July 31, 2024 June 30, 2024 May 31, 2024 U.S. Consumer Card Member loans: Total loans $ 85.9   $ 85.0  $ 84.0  30 days past due loans as a % of total 1.3   % 1.3  % 1.3  % Average loans $ 85.4   $ 84.5  $ 83.3  Net write-off rate – principal only (a) 2.1   % 2.3