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American Express Co (NYSE:AXP)
Credit Losses Provision
$1,973 Mil (TTM As of Sep. 2016)

American Express Co's credit losses provision for the three months ended in Sep. 2016 was $504 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $1,973 Mil.

American Express Co's quarterly credit losses provision increased from Mar. 2016 ($434 Mil) to Jun. 2016 ($463 Mil) and increased from Jun. 2016 ($463 Mil) to Sep. 2016 ($504 Mil).

American Express Co's annual credit losses provision increased from Dec. 2013 ($1,832 Mil) to Dec. 2014 ($2,044 Mil) but then declined from Dec. 2014 ($2,044 Mil) to Dec. 2015 ($1,988 Mil).


Definition

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 Sep. 2016 was 572 (Dec. 2015 ) + 434 (Mar. 2016 ) + 463 (Jun. 2016 ) + 504 (Sep. 2016 ) = $1,973 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

American Express Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 2,6664,3415,7985,3132,2071,1121,7121,8322,0441,988

American Express Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 489488582420467529572434463504
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