What is American Express's USCS — provisions?

American Express (AXP) reported USCS — provisions of $498M in Q2 2026.

How has American Express's USCS — provisions changed year-over-year?

American Express's USCS — provisions decreased by 39.9% year-over-year, from $829M to $498M.

What is the long-term trend for American Express's USCS — provisions?

Over 3 years (2022 to 2025), American Express's USCS — provisions has grown at a 42.7% compound annual growth rate (CAGR), from $1.02B to $2.97B.

What does USCS — provisions mean?

This represents the expense recognized by the segment to account for expected credit losses on its lending portfolio. It reflects the company's assessment of credit risk and the potential for future defaults among its consumer card member base.

American Express (AXP) USCS — Provisions

Screener

Other segment segments

$353M-1.9%

ICS

$223M+6.2%

GMNS

$10M+100%

Similar metrics at other companies

PYPLReportable Segment — Provisions

$74M-20.4%

PCARFinancial Services — Provision For Loan Losses Expensed

$39.4M+160%

COFCredit Card — Financing Receivable, Credit Loss, Expense (Reversal)

$2.47B-77.7%

COFCommercial Banking — Financing Receivable, Credit Loss, Expense (Reversal)

$71M-12.3%

COFConsumer Banking — Financing Receivable, Credit Loss, Expense (Reversal)

$444M+76.2%

CNHProvisions

-$120M+19.5%

Other financials

Income statement

See full

Revenue$19.6B+10.0%

Net income$3.1B+7.8%

EPS (diluted)$4.53+11.0%

Balance sheet

See full

Cash & equivalents$45.2B-21.9%

Total debt$59.0B-1.1%

Total equity$34.3B+6.1%

Total assets$308.20B+4.3%

Cash flow

See full

Operating cash flow$5.4B+23.1%

CapEx$898.0M+45.1%

Free cash flow$4.5B+19.4%

Valuation

See full

Market cap$231.36B+12.5%

Enterprise value$245.17B+18.2%

P/E20.2×-0.1×

P/S3.1×+0.1×

Profitability

See full

Net margin15.1%+0.3pp

FCF margin19.8%—

Returns & leverage

See full

Return on equity34.4%+1.6pp

Debt / equity1.7×-0.1×

Where this comes from

Reported directly by American Express in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

The source filing: American Express’s 10-Q, filed July 24, 2026.

Filed: Jul 24, 2026, 12:00 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000004962-26-000322

Three Months Ended June 30, 2026(Millions)	USCS	CS	ICS	GMNS	Total Reportable Operating Segments	Corporate & Other (a)	Consolidated
Interest expense	757	432	375	(169)	1,395	564	1,958
Net interest income	3,295	912	358	178	4,743	(93)	4,649
Total revenues net of interest expense	9,524	4,503	3,619	2,096	19,742	(104)	19,637
Provisions for credit losses	498	353	223	10	1,084	—	1,084
Total revenues net of interest expense after provisions for credit losses	9,025	4,149	3,396	2,086	18,656	(104)	18,553
Expenses
Card Member rewards, business development and Card Member services (c)	4,745	1,994	1,683	328	8,750	5	8,755
Marketing	813	379	352	100	1,644	7	1,650

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is American Express's USCS — provisions?: American Express (AXP) reported USCS — provisions of $498M in Q2 2026.
How has American Express's USCS — provisions changed year-over-year?: American Express's USCS — provisions decreased by 39.9% year-over-year, from $829M to $498M.
What is the long-term trend for American Express's USCS — provisions?: Over 3 years (2022 to 2025), American Express's USCS — provisions has grown at a 42.7% compound annual growth rate (CAGR), from $1.02B to $2.97B.
What does USCS — provisions mean?: This represents the expense recognized by the segment to account for expected credit losses on its lending portfolio. It reflects the company's assessment of credit risk and the potential for future defaults among its consumer card member base.