Bloomberg News

American Express January Delinquency and Write-Off

February 27, 2012

Following is a table of American Express Company’s monthly delinquency and write-off statistics, according to its monthly regulatory filing.

                           Jan.    Dec.    Nov.    Oct.   Sept.
Total portfolio            2012    2011    2011    2011    2011
Card member Lending     
 Total Loans              $51.8   $53.7   $51.4   $50.6   $49.9
 30 Days Past Due Loans    1.4%    1.4%    1.5%    1.5%    1.5%
 Average Loans            $52.8   $52.5   $51.0   $50.2   $50.2
 Net Write-Off Rate        2.2%    2.3%    2.4%    2.3%    2.3%
As published Feb. 15 2011.

NOTE: Dollars in billions, except percentages. Total portfolio is a GAAP basis measurement as of January 1, 2010 and reflects all card member loans, including non-securitized card member loans and securitized card member loans. Prior to the consolidation of securitized loans in the Companys balance sheets on January 1, 2010, the Company referred to the total portfolio as the ‘managed basis’ presentation.

SOURCE: American Express 8K filing

To contact the reporter on this story: Ainhoa Goyeneche in Washington at

To contact the editor responsible for this story: Marco Babic at

China's Killer Profits
blog comments powered by Disqus