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American Express Co (NYSE:AXP)
Credit Losses Provision
$1,957 Mil (TTM As of Jun. 2015)

American Express Co's credit losses provision for the three months ended in Jun. 2015 was $467 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $1,957 Mil.

American Express Co's quarterly credit losses provision declined from Dec. 2014 ($582 Mil) to Mar. 2015 ($420 Mil) but then increased from Mar. 2015 ($420 Mil) to Jun. 2015 ($467 Mil).

American Express Co's annual credit losses provision increased from Dec. 2012 ($1,990 Mil) to Dec. 2013 ($2,110 Mil) but then declined from Dec. 2013 ($2,110 Mil) to Dec. 2014 ($2,044 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 Jun. 2015 was 488 (Sep. 2014 ) + 582 (Dec. 2014 ) + 420 (Mar. 2015 ) + 467 (Jun. 2015 ) = $1,957 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

American Express Co Annual Data

Dec05Dec06Dec07Dec08Dec09Mar10Dec11Dec12Dec13Dec14
IS_CreditLossesProvision 2,7583,0874,3415,7985,31301,1121,9902,1102,044

American Express Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
IS_CreditLossesProvision 416518419479485489488582420467
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