American Express disclosed its monthly credit performance statistics for May 2026, revealing a continued increase in total card balances alongside a decrease in delinquency rates for its U.S. Consumer and Small Business portfolios compared to the prior two months.
Key Details
- Total Card Balances: Grew to $160.5 billion as of May 31, 2026, up from $157.2 billion at the end of April 2026.
- U.S. Consumer Metrics: The 30+ day delinquency rate improved to 1.1% from 1.2% in April, while the net write-off rate was 2.0%.
- U.S. Small Business Metrics: The 30+ day delinquency rate declined to 1.4% from 1.5% in April, with a net write-off rate of 2.6%.