BankUnited (BKU) Non Operating Interest Expenses (2010 - 2024)
BankUnited's (BKU) quarterly Non Operating Interest Expenses came in at $258.2 million in Q3 2024, up 0.99% on a YoY basis from $255.7 million in Q4 2023, and little changed quarter-over-quarter from $257.3 million in Q2 2024.
Analysis
BankUnited (BKU) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
BankUnited (BKU) has reported Non Operating Interest Expenses for 15 consecutive years, with $258.2 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Non Operating Interest Expenses rose 0.99% year-over-year to $258.2 million; the trailing twelve-month figure through Sep 2024 stood at $1.0 billion (up 19.62% YoY), and the FY2023 full-year result was $983.8 million, up 209.86% from the prior year.
- Non Operating Interest Expenses steadied at $258.2 million in Q3 2024 per BKU's latest filing, from $257.3 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $266.6 million in Q1 2024 and bottomed at $27.3 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $134.9 million across 5 years, with a median of $90.2 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 56.69% in 2021, then soared 677.92% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $57.8 million in 2020, then tumbled by 44.84% to $31.9 million in 2021, then surged by 397.28% to $158.4 million in 2022, then surged by 67.9% to $266.0 million in 2023, then decreased by 2.92% to $258.2 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $258.2 million, $257.3 million, and $266.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | BankUnited | 3.29 Bn | 2.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 258.23 Mn |
| Jun 30, 2024 | 257.28 Mn |
| Mar 31, 2024 | 266.62 Mn |
| Dec 31, 2023 | 266.00 Mn |
| Sep 30, 2023 | 255.70 Mn |
| Jun 30, 2023 | 249.54 Mn |
| Mar 31, 2023 | 212.54 Mn |
| Dec 31, 2022 | 158.42 Mn |
| Sep 30, 2022 | 90.19 Mn |
| Jun 30, 2022 | 41.56 Mn |
| Mar 31, 2022 | 27.32 Mn |
| Dec 31, 2021 | 31.86 Mn |
| Sep 30, 2021 | 39.22 Mn |
| Jun 30, 2021 | 43.49 Mn |
| Mar 31, 2021 | 49.19 Mn |
| Dec 31, 2020 | 57.75 Mn |
| Sep 30, 2020 | 67.09 Mn |
| Jun 30, 2020 | 77.44 Mn |
| Mar 31, 2020 | 113.56 Mn |
| Dec 31, 2019 | 124.10 Mn |