What does other — provision for expected credit losses mean?

The estimated cost set aside to cover potential future losses from unpaid debts or credit defaults.

How do you interpret other — provision for expected credit losses?

An increase suggests deteriorating credit quality or a more conservative outlook on counterparty risk, while a decrease suggests improved credit conditions.

How does other — provision for expected credit losses compare across companies?

Standardized under CECL or IFRS 9 frameworks as 'Provision for credit losses' across the financial services industry.

American Financial Group AFG Other — Provision for expected credit losses

Discontinued — last reported Q4 '20

Similar metrics at other companies

FRHCOther — Allowance for expected credit losses

$549K+50.8%

NTRSOTHER — Provision for Credit Losses

$0—

CFGProvision (benefit) for credit losses

$140M-8.5%

NTRSProvision for Credit Losses

-$3M-400%

ALLYProvision for Credit Losses

$467M+145%

ALLYMortgage Finance operations — Provision for Credit Losses

-$4M-500%

Other financials

Income statement

See full

Revenue$1.9B-0.1%

Operating income$239.0M+21.3%

Net income$191.0M+24.0%

EPS (diluted)$2.29+24.5%

Balance sheet

See full

Cash & equivalents$1.4B+6.0%

Total debt$2.0B+19.3%

Total equity$4.7B+6.5%

Total assets$32.4B+6.8%

Cash flow

See full

Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%

Enterprise value$11.72B-1.2%

P/E12.6×-1.8×

P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp

Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp

Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverableCreditLossExpenseReversal.

The official record: American Financial Group’s 10-K, filed February 25, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does other — provision for expected credit losses mean?: The estimated cost set aside to cover potential future losses from unpaid debts or credit defaults.
How do you interpret other — provision for expected credit losses?: An increase suggests deteriorating credit quality or a more conservative outlook on counterparty risk, while a decrease suggests improved credit conditions.
How does other — provision for expected credit losses compare across companies?: Standardized under CECL or IFRS 9 frameworks as 'Provision for credit losses' across the financial services industry.