trending Market Intelligence /marketintelligence/en/news-insights/trending/Yk9WBXDk2hmpXWNZ6EDC6w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

BankUnited projects up to 30% increase in reserves from CECL

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


BankUnited projects up to 30% increase in reserves from CECL

With less than one quarter until the implementation of the current expected credit loss model, BankUnited Inc. provided estimates for how much the new accounting standard could increase the bank's loan loss reserves.

On the bank's third-quarter earnings conference call, CFO Leslie Lunak said the bank expects a 15% to 30% increase in its allowance for credit losses due to CECL. Lunak also said the bank expects a $5 million to $7 million increase in its reserves for unfunded commitments.

On Jan. 1, 2020, the new accounting standard will require large banks to estimate the potential losses over a loan's lifetime and record those losses at origination. Many banks have been providing insight into CECL's potential impact ahead of implementation.

BankUnited is currently in a parallel run, and its estimates are based on its current portfolio and economic forecast, Lunak said.