Bankunited Inc Stock Price, News & Analysis

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.

BankUnited (NYSE: BKU) has expanded its presence in the tri-state area with a new corporate banking office in Morristown, New Jersey. The office, located at 38 Headquarters Plaza, will enhance the bank's corporate and commercial banking services and CRE lending in the region. Led by Bob Murphy, Charles Marchica, and Christopher Csontas, the new location joins BankUnited's Atlanta and Dallas offices in serving corporate customers.

The bank strategically chose Morristown for its strong business infrastructure, with Morris County boasting a $50 billion annual gross regional product. BankUnited, recently named one of the World's Most Trustworthy Companies by Newsweek, reported total assets of $34.8 billion as of March 31, 2025, and operates banking centers across Florida, metropolitan New York, and Texas.

BankUnited (NYSE: BKU) reported Q1 2025 net income of $58.5 million, or $0.78 per diluted share, compared to $69.3 million ($0.91/share) in Q4 2024 and $48.0 million ($0.64/share) in Q1 2024.

Key highlights include:

• Non-interest bearing deposits grew by $453 million (5.9%) to 29% of total deposits
• Total loans declined by $308 million
• Net interest margin decreased to 2.81% from 2.84% in previous quarter
• Average cost of total deposits declined to 2.58% from 2.72%
• CET1 ratio stood at 12.2% at consolidated level
• Increased quarterly dividend by 7% to $0.31 per share

Asset quality metrics showed annualized net charge-off ratio of 0.33%, with non-performing assets ratio at 0.76%. The allowance for credit losses to total loans ratio remained stable at 0.92%.

BankUnited (NYSE: BKU) has announced it will release its first quarter 2025 financial results on Monday, April 28, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring Chairman, President and CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.

The earnings release and supplemental information will be available on BankUnited's Investor Relations website. BankUnited, with total assets of $35.2 billion as of December 31, 2024, operates as a national bank headquartered in Miami Lakes, Florida, providing banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and a Southeast-focused Atlanta office.

BankUnited (NYSE:BKU) has announced a 7% increase in its quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.31 per common share, up from the previous $0.29 per share. The dividend will be paid on April 30, 2025, to shareholders of record as of April 11, 2025.

BankUnited (NYSE: BKU) has appointed Lynetta Tipton Steed as executive vice president and head of business banking for Florida and Texas markets. Steed, who brings over 35 years of banking experience, will lead the development and management of strategic objectives for BankUnited's business banking teams, focusing on expanding the company's business banking loan portfolio.

Previously, Steed served as executive vice president at Regions Bank and as business banking executive at Fifth Third Bank. She is a current member and past chairperson of the Consumer Banker Association's Small Business Committee-Washington, D.C., where she has testified before the U.S. House of Representatives' Small Business Committee.

BankUnited, with total assets of $35.2 billion as of December 31, 2024, operates banking centers across Florida, New York metropolitan area, and Dallas, Texas, offering comprehensive banking services to individual and corporate customers.

BankUnited (NYSE: BKU) reported strong financial results for Q4 and full-year 2024. The company achieved net income of $69.3 million ($0.91 per share) in Q4 2024, up from $61.5 million in Q3 2024 and $20.8 million in Q4 2023. Full-year 2024 net income reached $232.5 million ($3.08 per share), compared to $178.7 million in 2023.

Key highlights include: net interest margin expansion to 2.84% in Q4 2024; average cost of total deposits declined to 2.72%; total loans decreased by $101 million in Q4; and the loan-to-deposit ratio improved to 87.2%. The company maintained strong capital positions with CET1 at 12.0%. Non-performing loans increased to $250.7 million (1.03% of total loans), primarily due to one CRE office loan.

The bank's commercial real estate exposure represented 26% of loans and 169% of total risk-based capital, significantly below industry medians for similar-sized banks.

BankUnited (NYSE: BKU) has announced it will release its financial results for Q4 and fiscal year 2024 on Wednesday, January 22, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring Chairman, President and CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.

The earnings release and supplemental information will be available on BankUnited's Investor Relations page. BankUnited, with total assets of $35.8 billion as of September 30, 2024, operates as a national bank headquartered in Miami Lakes, Florida, providing banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and Atlanta.

BankUnited (NYSE:BKU) has announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be paid on January 31, 2025, to stockholders who are on record as of the close of business on January 10, 2025.