(Reuters) - Credit card issuers including JPMorgan Chase & Co.
and Capital One Financial Corp. last week reported
rising write-offs of bad credit card loans for the second
quarter compared to the same quarter last year, but credit
losses are still at or below historical norms.
Analysts' average estimate of income before one-time items
was 86 cents a share, according to Reuters Estimates. It was
not immediately clear if those results were comparable to
American Express' net income figure.
Read more at Reuters.com Market News
and Capital One Financial Corp. last week reported
rising write-offs of bad credit card loans for the second
quarter compared to the same quarter last year, but credit
losses are still at or below historical norms.
Analysts' average estimate of income before one-time items
was 86 cents a share, according to Reuters Estimates. It was
not immediately clear if those results were comparable to
American Express' net income figure.
Read more at Reuters.com Market News
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