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American Express Co (NYSE:AXP)
Credit Losses Provision
$1,998 Mil (TTM As of Jun. 2016)

American Express Co's credit losses provision for the three months ended in Jun. 2016 was $463 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2016 was $1,998 Mil.

American Express Co's quarterly credit losses provision declined from Dec. 2015 ($572 Mil) to Mar. 2016 ($434 Mil) but then increased from Mar. 2016 ($434 Mil) to Jun. 2016 ($463 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 Jun. 2016 was 529 (Sep. 2015 ) + 572 (Dec. 2015 ) + 434 (Mar. 2016 ) + 463 (Jun. 2016 ) = $1,998 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

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
IS_CreditLossesProvision 485489488582420467529572434463
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