Bankunited Inc Stock Price, News & Analysis

BankUnited (NYSE:BKU) has scheduled the release of its Q3 2025 financial results for Wednesday, October 22, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring key executives including Chairman and CEO Rajinder P. Singh, current CFO Leslie N. Lunak, incoming CFO James G. Mackey, and COO Thomas M. Cornish.

BankUnited, with total assets of $35.5 billion as of June 30, 2025, operates as a national bank headquartered in Miami Lakes, Florida, with presence across Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.

BankUnited (NYSE: BKU) has announced plans to open a new corporate office in Tampa, Florida, during the first quarter of 2026. The new 5,449-square-foot office suite, located at Park Tower, will replace the bank's current Tampa corporate office in Westshore, representing an expanded investment in the Tampa Bay region.

The expansion follows BankUnited's recent openings in Charlotte, North Carolina, and Morristown, New Jersey, adding to its growth in Atlanta and Dallas. The bank, with total assets of $35.5 billion as of June 30, 2025, chose Tampa due to its strong economy and recognition by Financial Times as the top U.S. city for international business.

BankUnited (NYSE: BKU) has appointed Kelly Sleece as Managing Director to lead its National Title Solutions (NTS) division. Sleece, who currently serves as Executive Vice President, will oversee the division's operations across 46 states, providing custom banking and treasury management solutions to title industry clients.

Sleece joined BankUnited in 2013 and has been instrumental in establishing the bank's New York presence. With over 20 years of experience in commercial private banking, she previously managed the commercial private banking group and banking center operations in New York City. BankUnited currently holds total assets of $35.5 billion as of June 30, 2025, with operations across Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.

BankUnited (NYSE: BKU) has appointed Michael Mitchell as Executive Vice President and Director of Branch Banking. Mitchell will lead the retail banking team across Florida and Texas, managing the bank's branch network and overseeing deposit and loan growth activities.

Mitchell joins from PNC Bank, where he served as Senior Vice President of Sales and Client Experience Manager for Southeast Florida. With over 20 years of experience in multi-region network oversight and revenue growth, he brings expertise in market expansion, business banking integration, and performance transformation.

BankUnited reported total assets of $35.5 billion as of June 30, 2025, with operations across Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.

BankUnited (NYSE:BKU) has announced a strategic CFO succession plan, with James G. Mackey joining as senior executive vice president on August 15, 2025, before assuming the CFO role on November 1, 2025. Mackey, who previously served as CFO at Wells Fargo's consumer lending division, will succeed Leslie Lunak, who plans to retire on January 1, 2026.

Mackey brings over three decades of experience from leadership roles at major financial institutions including Freddie Mac, Ally Financial, and Bank of America. During Lunak's tenure as CFO since 2013, BankUnited experienced significant growth, with total assets increasing from $12 billion to over $35.5 billion. The bank currently operates across multiple states including Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.

BankUnited (NYSE:BKU) reported strong Q2 2025 financial results, with net income reaching $68.8 million ($0.91 per diluted share), an 18% increase from Q1 2025 and a significant improvement from $53.7 million in Q2 2024.

Key highlights include: Net interest margin expanded to 2.93%, non-interest bearing demand deposits grew by $1.0 billion (13%), and the average cost of total deposits declined to 2.47%. The company maintained strong capital positions with CET1 at 12.2% and announced a new $100 million share repurchase program.

Credit quality metrics showed mixed results with total criticized loans declining by $156 million, though non-accrual loans increased by $117 million, primarily due to office exposure. The company's Board authorized the redemption of all outstanding 4.875% senior notes due November 2025.

[ "Net income increased 18% QoQ to $68.8 million ($0.91 per diluted share)", "Non-interest bearing demand deposits grew by $1.0 billion (13%) to 32% of total deposits", "Net interest margin expanded by 0.12% to 2.93%", "Average cost of total deposits declined by 0.11% to 2.47%", "Board authorized new $100 million share repurchase program", "Tangible book value per share increased 9% year-over-year to $38.23" ]

BankUnited (NYSE: BKU) has announced its strategic expansion into Charlotte, North Carolina, marking a significant move into the #1 ranked state for business in 2025. The bank has appointed three key executives to lead this initiative: Robert Hoak as SVP of corporate banking, R. Bryan Moore as SVP of commercial real estate, and Brand Hosford as VP of senior credit products.

Moore brings impressive credentials with over $2 billion in commercial real estate loans managed throughout his 15-year career. The expansion follows BankUnited's successful growth in Atlanta, Dallas, and Morristown, New Jersey. The bank, with total assets of $34.8 billion as of March 31, 2025, continues its strategic southeastern expansion from its Miami Lakes, Florida headquarters.

BankUnited (NYSE:BKU) has announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be distributed to shareholders of record as of July 11, 2025, with the payment scheduled for July 31, 2025.

BankUnited (NYSE: BKU) has scheduled the release of its Q2 2025 financial results for Wednesday, July 23, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring key executives including CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.

BankUnited, with total assets of $34.8 billion as of March 31, 2025, operates as a national bank headquartered in Miami Lakes, Florida. The bank provides comprehensive banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and maintains a Southeast-focused Atlanta office.