Business Segments · Net write-offs (recovery)
GCS — Net write-offs (recovery)
American Express GCS — Net write-offs (recovery) remained flat by 0.0% to -$9.25M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
Rolls up toProvision for Credit Losses
How to read this metric
Higher net write-offs indicate increased credit risk and potential weaknesses in the commercial client base.
Detailed definition
This reflects the net amount of receivables written off as uncollectible, adjusted for any subsequent recoveries of prev...
Peer comparison
Standard net charge-off metric used by financial institutions to report credit losses.
Metric ID:
axp_segment_gcs_net_write_offs_recoveryHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | -$37.00M |
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Frequently Asked Questions
- What is American Express's gcs — net write-offs (recovery)?
- American Express (AXP) reported gcs — net write-offs (recovery) of -$9.25M in Q4 2021.
- What does gcs — net write-offs (recovery) mean?
- The total losses from unpaid commercial loans minus any money recovered from those accounts.