Welcome to our dedicated page for Bankunited news (Ticker: BKU), a resource for investors and traders seeking the latest updates and insights on Bankunited stock.
BankUnited, Inc. (NYSE: BKU) is a bank holding company for BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida. News about BKU often reflects its role as a commercially focused regional bank serving individuals, small businesses, middle-market companies, large corporations and institutions across Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.
The BKU news feed highlights financial results and earnings announcements, where the company reports quarterly performance, net interest income, net interest margin, loan and deposit trends, asset quality metrics and capital ratios. These updates provide insight into how the bank’s loan portfolios, deposit base and funding costs are evolving over time.
Investors and followers of BKU can also expect corporate governance and leadership news, including executive appointments, such as chief financial officer transitions, and detailed succession plans disclosed through press releases and Form 8-K filings. Such items shed light on the company’s management team and strategic direction.
Another recurring theme in BankUnited news is capital and balance sheet actions, including the redemption of senior notes and information about the composition of commercial and residential loan portfolios. The company also issues releases about dividend declarations, indicating decisions by the board of directors regarding quarterly cash dividends on common shares.
Operational and expansion updates appear as well, such as announcements of new corporate offices in markets like Tampa, Florida, and leadership appointments for branch banking and specialized divisions like National Title Solutions. For ongoing coverage of these developments, the BKU news page aggregates company-issued releases and related disclosures in one place.
BankUnited, Inc. (NYSE: BKU) will release its financial results for the quarter ending June 30, 2022, on July 21, 2022, before market hours. A conference call with top executives will follow at 9:00 a.m. ET to discuss these results. Investors can access the earnings release and supplementary information on the Investor Relations page prior to the call. BankUnited, headquartered in Miami Lakes, Florida, has total assets of $36.3 billion as of March 31, 2022, serving customers in Florida, New York, and Texas.
BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.25 per common share. The dividend is set to be paid on July 29, 2022, to stockholders of record as of July 14, 2022. This announcement reflects the company’s ongoing commitment to returning value to shareholders. As of March 31, 2022, BankUnited's total assets amounted to $36.3 billion, highlighting its strong financial position.
BankUnited, N.A. has appointed Nate Seymour as market executive for southeast commercial real estate banking in Atlanta. Seymour brings nearly a decade of experience, previously working as VP of commercial real estate at Truist. He will lead BankUnited's commercial real estate lending team, focusing on clients in Georgia, Alabama, Tennessee, North Carolina, and South Carolina. The Atlanta office will also provide corporate banking, treasury management, and healthcare banking services.
BankUnited (BKU) reported a net income of $67.2 million or $0.79 per diluted share for Q1 2022, down from $125.3 million or $1.41 per diluted share in Q4 2021. Total deposits saw a decline of $897 million while non-interest bearing demand deposits increased by $688 million, representing 34% of total deposits. The net interest margin expanded to 2.50%, and the company announced a cash dividend increase of 9% to $0.25 per share. Despite market volatility, management remains optimistic about growth, with plans for expansion into new markets.
BankUnited has launched a new corporate banking office in Atlanta, expanding its reach beyond its core markets in Florida and New York. The bank has appointed Adam Gordon as the market executive and corporate banking team leader. With $35.8 billion in total assets as of December 31, 2021, the Atlanta office will focus on corporate banking, treasury management, and commercial real estate lending. This expansion is part of BankUnited's strategy to strengthen its presence in the Southeast and cater to middle-market and large companies in the area.
BankUnited, Inc. (NYSE: BKU) will release its financial results for Q1 2022 on April 21, 2022, before market opening. A conference call featuring CEO Rajinder P. Singh and CFO Leslie N. Lunak will follow at 9:00 a.m. ET. Interested investors can access the release on the Investor Relations page. Due to high demand, participants are encouraged to join via live webcast. The conference ID is 6761489, and a replay will be available from April 21 to April 28.
BankUnited, Inc. (NYSE:BKU) announced a quarterly cash dividend of
BankUnited, Inc. (NYSE: BKU) reported strong financial results for Q4 and FY 2021, with earnings per share at $1.41 and annual net income of $415 million, up from $197.9 million in 2020. The company achieved over $1 billion in loan and deposit growth, marking its best quarter since 2016. The net interest margin rose to 2.44%, while criticized loans declined significantly. A tax benefit of $69.1 million was recorded, impacting overall financial performance positively. The company remains optimistic heading into 2022.
BankUnited, Inc. (NYSE: BKU) will announce its financial results for the quarter and fiscal year ended December 31, 2021, on January 20, 2022, before market opening. A conference call to discuss the results will take place at 9:00 a.m. ET on the same day, featuring CEO Rajinder P. Singh and other executives. Investors can access the earnings release on the BankUnited Investor Relations page. The call will also be available via live Internet webcast, and a replay will be accessible from January 20 through January 27, 2022.
BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.23 per common share. This dividend will be distributed on January 31, 2022, to stockholders on record by the close of business on January 14, 2022. As of September 30, 2021, the company reported total assets of $35.3 billion.