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American Express Co (NYSE:AXP)
Credit Losses Provision
$1,416 Mil (TTM As of Sep. 2015)

American Express Co's credit losses provision for the three months ended in Sep. 2015 was $529 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2015 was $1,416 Mil.

American Express Co's quarterly credit losses provision increased from Mar. 2015 ($420 Mil) to Jun. 2015 ($467 Mil) and increased from Jun. 2015 ($467 Mil) to Sep. 2015 ($529 Mil).

American Express Co's annual credit losses provision increased from Dec. 2012 ($1,712 Mil) to Dec. 2013 ($1,832 Mil) and increased from Dec. 2013 ($1,832 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 Sep. 2015 was 0 (Dec. 2014 ) + 420 (Mar. 2015 ) + 467 (Jun. 2015 ) + 529 (Sep. 2015 ) = $1,416 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 2,6664,1035,7985,3132,2071,1121,7121,8322,0441,988

American Express Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
IS_CreditLossesProvision 41904854894880420467529572
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