American Express (AXP) said in a filing Tuesday that the net write-off rate for its US consumer card member loans in March decreased to 2.4% from 2.5% in February.
The net write-off rate for US small business card member loans in March remained unchanged month over month at 2.6%.
The write-off rates are based on principal only, excluding interest or fees.
Total US-based consumer and small business card member loans increased to $121.3 billion in March from $118 billion in February, the company said.
Price: 258.95, Change: +3.57, Percent Change: +1.40
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。