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American Express Co (NYSE:AXP)
Credit Losses Provision
$1,994 Mil (TTM As of Jun. 2014)

American Express Co's credit losses provision for the three months ended in Jun. 2014 was $489 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2014 was $1,994 Mil.

American Express Co's quarterly credit losses provision declined from Dec. 2013 ($528 Mil) to Mar. 2014 ($485 Mil) but then increased from Mar. 2014 ($485 Mil) to Jun. 2014 ($489 Mil).

American Express Co's annual credit losses provision increased from Dec. 2011 ($1,112 Mil) to Dec. 2012 ($1,990 Mil) and increased from Dec. 2012 ($1,990 Mil) to Dec. 2013 ($2,110 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. 2014 was 492 (Sep. 2013 ) + 528 (Dec. 2013 ) + 485 (Mar. 2014 ) + 489 (Jun. 2014 ) = $1,994 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 003,0874,3415,7985,3132,2071,1121,9902,110

American Express Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
IS_CreditLossesProvision 412461479638497593492528485489
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