BankUnited (BankUnited) Scaled Net Operating Assets : -0.06 (As of Mar. 2024)

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What is BankUnited Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BankUnited's operating assets for the quarter that ended in Mar. 2024 was $25,803.0 Mil. BankUnited's operating liabilities for the quarter that ended in Mar. 2024 was $27,851.3 Mil. BankUnited's Total Assets for the quarter that ended in Dec. 2023 was $35,761.6 Mil. Therefore, BankUnited's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.06.

BankUnited Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BankUnited's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(35173.324	-	27359.713)	/	37026.712
=	0.21

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	35761.607	-	588.283
=	35173.324

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	33183.686	-	5823.973	-	0
=	27359.713

BankUnited's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(25803.003	-	27851.284)	/	35761.607
=	-0.06

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	35105.654	-	9302.651
=	25803.003

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32465.262	-	4613.978	-	0
=	27851.284

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BankUnited Scaled Net Operating Assets Related Terms

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BankUnited (BankUnited) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankUnited Inc (NYSE:BKU) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

14817 Oak Lane, Miami Lakes, FL, USA, 33016

Website

https://www.bankunited.com

BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. most of its revenue comprises net interest income derived mostly from loans.

Executives

Germaine Smith-baugh	director	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Kevin A. Malcolm	other: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
A. Gail Prudenti	director	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jay D. Richards	officer: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
John N. Digiacomo	director	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Douglas J Pauls	officer: Chief Financial Officer	C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Sanjiv Sobti	director	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rishi Bansal	other: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rajinder P Singh	officer: Chief Operating Officer	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Leslie Lunak	officer: Chief Financial Officer	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Michael R. Alford	officer: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
William S. Rubenstein	director	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Mark Bagnoli	officer: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Thomas M. Cornish	officer: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jeffrey Starr	officer: Officer of Subsidiary	C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016