U.S. Markets
American Express (AXP) reports June Master Trust net write off rate at 1.4% (prev. 2.0%); US Consumer Card Member loans 30 past due loans 1.1% of total (prev. 1.1%).
StockNow breaking-news AI analysis
AXP's June credit metrics show a sharp drop in write-offs to 1.4% and stable delinquencies at 1.1%, supporting JPMorgan's recent upgrade to Overweight ahead of its July 24 earnings report.
Related stocks
1 stocksWhat do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
