Amex reports preliminary card delinquency rates for June 2026

American Express released preliminary credit performance metrics for its U.S. card portfolios as of June 30, 2026. The filing provides data on delinquency and net write-off rates for both U.S. Small Business and U.S. Consumer Card segments, offering insight into asset quality trends for the month.

The U.S. Small Business Card 30 days past due rate was 1.4% as of June 30, 2026. For the U.S. Consumer Card segment, the preliminary 30 days past due rate was 1.1% as of the same date.

Net write-off rates for June 2026 reflected higher losses in the small business segment. The preliminary U.S. Small Business Card net write-off rate was 2.3%, compared to the preliminary U.S. Consumer Card net write-off rate of 1.4%.

Credit Performance Metrics

Metric	Rate
U.S. Small Business Card 30 Days Past Due Rate (June 30, 2026)	1.4%
U.S. Consumer Card 30 Days Past Due Rate (June 30, 2026)	1.1%
U.S. Small Business Card Net Write-off Rate (June 2026)	2.3%
U.S. Consumer Card Net Write-off Rate (June 2026)	1.4%

The data was submitted via a regulatory filing with the U.S. Securities and Exchange Commission.

American Express has outperformed the market over the past 15 years by 1.55% on an annualized basis, generating an average annual return of 13.72%. The financial services company currently holds a market capitalization of $244.26 billion. This performance highlights the impact of compounded returns on long-term equity investments.

Investment Growth Analysis

The data illustrates the growth potential of holding American Express stock over an extended period. The company's ability to deliver consistent returns above the market average has significantly increased shareholder value over the last decade and a half.

15-Year Investment Returns

Metric	Value
Initial Investment	$100
Current Value	$694.38
Current Share Price	$357.98
Average Annual Return	13.72%
Annualized Outperformance vs. Market	1.55%

The key insight from this analysis is the substantial difference compounded returns can make to cash growth over a long period. Investors who maintained a position in American Express saw their capital grow nearly sevenfold, driven by the company's steady performance and market appreciation.