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American Express Co  (NYSE:AXP) Credit Losses Provision: $2,286 Mil (As of Jun. 2017)

American Express Co's credit losses provision for the three months ended in Jun. 2017 was $584 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2017 was $2,286 Mil.

American Express Co's quarterly credit losses provision declined from Dec. 2016 ($625 Mil) to Mar. 2017 ($573 Mil) but then increased from Mar. 2017 ($573 Mil) to Jun. 2017 ($584 Mil).

American Express Co's annual credit losses provision declined from Dec. 2014 ($2,044 Mil) to Dec. 2015 ($1,988 Mil) but then increased from Dec. 2015 ($1,988 Mil) to Dec. 2016 ($2,026 Mil).


Historical Data

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

* Premium members only.

American Express Co Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,712.00 1,832.00 2,044.00 1,988.00 2,026.00

American Express Co Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 463.00 504.00 625.00 573.00 584.00

Calculation

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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2017 was 504 (Sep. 2016 ) + 625 (Dec. 2016 ) + 573 (Mar. 2017 ) + 584 (Jun. 2017 ) = $2,286 Mil.

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


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