American Express ended April 2026 with U.S. consumer card balances of $111.4 billion, up from $110.8 billion in March and $98.1 billion a year earlier in April 2025. Average consumer card balances rose to $111.1 billion in April from $109.1 billion in March and $97.2 billion a year ago.
Delinquency on the consumer portfolio improved month over month, with 30 days past due at 1.2% in April, down from 1.3% in March. That was also better than the 1.2% posted in April 2025, after holding at 1.3% through much of the intervening months.
Consumer net write-offs, measured on principal only, were 2.1% in April, up from 2.0% in March and above 1.8% in April 2025. The rate has moved between 1.7% and 2.2% over the past year.
U.S. small business card balances reached $45.8 billion in April, compared with $45.2 billion in March and $42.3 billion in April 2025. Average small business balances climbed to $45.5 billion from $44.6 billion in March and $42.0 billion a year earlier.
Small business delinquency ticked down to 1.5% in April from 1.6% in March, while remaining above the 1.3% level seen in April 2025. Net write-offs for small business cards were 2.4% in April, down from 2.6% in March but up from 2.3% a year earlier.
Total card balances held for investment across U.S. consumer and small business accounts stood at $157.2 billion in April, versus $156.0 billion in March and $140.4 billion in April 2025. Today the company's shares have moved 0.24% to a price of $313.52. Check out the company's full 8-K submission here.
