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American Express AXP Provision for Credit Losses

Discontinued — last reported Q2 '26

Provision for Credit Losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$2.52B-11.7%
Deluxe logo
DeluxeDLX
$2.1M+10.5%
Synchrony Financial logo
Synchrony FinancialSYF
$1.34B-10.5%
U.S. Bancorp logo
U.S. BancorpUSB
$538M+7.4%
Bread Financial Holdings logo
Bread Financial HoldingsBFH
$313M+14.2%
Citigroup logo
CitigroupC
-$97M-411%

Segments

By segment

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USCS$498M-39.9%
CS$353M-1.9%
ICS$223M+6.2%
GMNS$10M+100%

Other financials

Income statement

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Revenue$19.6B+10.0%
Net income$3.1B+7.8%
EPS (diluted)$4.53+11.0%

Balance sheet

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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

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Operating cash flow$5.4B+23.1%
CapEx$898.0M+45.1%
Free cash flow$4.5B+19.4%

Valuation

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Market cap$231.36B+12.5%
Enterprise value$245.17B+18.2%
P/E20.2×-0.1×
P/S3.1×+0.1×

Profitability

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Net margin15.1%+0.3pp
FCF margin19.8%

Returns & leverage

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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 (Millions, except per share amounts)20262025
Provisions for credit losses
Card balances1,0171,320
Other6785
Total provisions for credit losses1,0841,405
Total revenues net of interest expense after provisions for credit losses18,55316,451
Expenses
Card Member rewards5,0514,618
Business development1,7551,589

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is American Express's provision for credit losses?
American Express (AXP) reported provision for credit losses of $1.08B in Q2 2026.
How has American Express's provision for credit losses changed year-over-year?
American Express's provision for credit losses decreased by 22.8% year-over-year, from $1.41B to $1.08B.
What is the long-term trend for American Express's provision for credit losses?
Over 4 years (2021 to 2025), American Express's provision for credit losses has grown at a 37.5% compound annual growth rate (CAGR), from -$1.47B to $5.26B.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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