BankUnited (FRA:BNU) 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 €23,738.8 Mil. BankUnited's operating liabilities for the quarter that ended in Mar. 2024 was €25,623.2 Mil. BankUnited's Total Assets for the quarter that ended in Dec. 2023 was €32,793.4 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 )
=	(32253.938	-	25088.857)	/	34953.216
=	0.20

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	32793.394	-	539.456
=	32253.938

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	30429.44	-	5340.583	-	0
=	25088.857

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 )
=	(23738.763	-	25623.181)	/	32793.394
=	-0.06

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	32297.202	-	8558.439
=	23738.763

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	29868.041	-	4244.86	-	0
=	25623.181

* 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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BankUnited (FRA:BNU) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BKU:USA

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.