GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankUnited Inc (FRA:BNU) » Definitions » Credit Losses Provision

BankUnited (FRA:BNU) Credit Losses Provision : €77.0 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is BankUnited Credit Losses Provision?

BankUnited's credit losses provision for the three months ended in Mar. 2024 was €14.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €77.0 Mil.

BankUnited's quarterly credit losses provision declined from Sep. 2023 (€31.0 Mil) to Dec. 2023 (€17.7 Mil) and declined from Dec. 2023 (€17.7 Mil) to Mar. 2024 (€14.1 Mil).

BankUnited's annual credit losses provision increased from Dec. 2021 (€-59.4 Mil) to Dec. 2022 (€70.9 Mil) and increased from Dec. 2022 (€70.9 Mil) to Dec. 2023 (€80.3 Mil).


BankUnited Credit Losses Provision Historical Data

The historical data trend for BankUnited's Credit Losses Provision can be seen below:

* 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.

* Premium members only.

BankUnited Credit Losses Provision Chart

BankUnited Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 146.67 -59.40 70.95 80.34

BankUnited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.48 14.32 30.97 17.66 14.06

BankUnited Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €77.0 Mil.

* 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 (FRA:BNU) Business Description

Traded in Other Exchanges
Address
14817 Oak Lane, Miami Lakes, FL, USA, 33016
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.

BankUnited (FRA:BNU) Headlines

No Headlines