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First Busey (FRA:FBYN) Credit Losses Provision : €7.2 Mil (As of Jun. 2024)


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What is First Busey Credit Losses Provision?

First Busey's credit losses provision for the three months ended in Jun. 2024 was €2.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was €7.2 Mil.

First Busey's quarterly credit losses provision increased from Dec. 2023 (€0.4 Mil) to Mar. 2024 (€4.6 Mil) but then declined from Mar. 2024 (€4.6 Mil) to Jun. 2024 (€2.1 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.

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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 Premium Member Only Premium Member Only 9.37 31.89 -13.36 4.36 2.20

First Busey Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.42 4.64 2.12 -

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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.2 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.


First Busey Business Description

Traded in Other Exchanges
Address
100 W. University Avenue, Champaign, IL, USA, 61820
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.

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