First Busey (FRA:FBYN) Credit Losses Provision : €6.0 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is First Busey Credit Losses Provision?

First Busey's credit losses provision for the three months ended in Mar. 2024 was €4.6 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €6.0 Mil.

First Busey's quarterly credit losses provision increased from Sep. 2023 (€0.3 Mil) to Dec. 2023 (€0.4 Mil) and increased from Dec. 2023 (€0.4 Mil) to Mar. 2024 (€4.6 Mil).

First Busey's annual credit losses provision increased from Dec. 2021 (€-13.4 Mil) to Dec. 2022 (€4.4 Mil) but then declined from Dec. 2022 (€4.4 Mil) to Dec. 2023 (€2.2 Mil).

First Busey Credit Losses Provision Historical Data

The historical data trend for First Busey'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.

First Busey Credit Losses Provision Chart

First Busey Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

9.37

31.89

-13.36

4.36

2.20

First Busey 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															0.89	0.58	0.34	0.42	4.64

First Busey 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 €6.0 Mil.

First Busey (FRA:FBYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Busey Corp (FRA:FBYN) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

BUSE:USA

Address

100 W. University Avenue, Champaign, IL, USA, 61820

Website

https://www.busey.com

First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

First Busey (FRA:FBYN) Headlines

No Headlines