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American Express Co's credit losses provision for the three months ended in Mar. 2016 was $434 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $2,002 Mil.
American Express Co's quarterly credit losses provision increased from Sep. 2015 ($529 Mil) to Dec. 2015 ($572 Mil) but then declined from Dec. 2015 ($572 Mil) to Mar. 2016 ($434 Mil).
American Express Co's annual credit losses provision declined from Dec. 2013 ($2,110 Mil) to Dec. 2014 ($2,044 Mil) and declined from Dec. 2014 ($2,044 Mil) to Dec. 2015 ($1,988 Mil).
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
American Express Co Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2016 was 467 (Jun. 2015 ) + 529 (Sep. 2015 ) + 572 (Dec. 2015 ) + 434 (Mar. 2016 ) = $2,002 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
American Express Co Annual Data
American Express Co Quarterly Data