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. (BKU) reported net income of $86.9 million ($0.94 per diluted share) for the quarter ending September 30, 2021, a decrease from the prior quarter's $104.0 million ($1.11 per diluted share) but an increase from $66.6 million ($0.70 per diluted share) year-over-year. Net interest income dropped to $195.1 million, with a net interest margin of 2.33%. Total deposits fell by $493 million, while non-interest bearing demand deposits increased by $324 million. The company authorized an additional $150 million for share repurchase following a previous $58.3 million authorization.
BankUnited, Inc. (NYSE: BKU) will release its financial results for the third quarter of 2021 on October 21, 2021, prior to market opening. A conference call scheduled for 9:00 a.m. ET on the same day will feature key executives discussing the results. With total assets of $35.7 billion as of June 30, 2021, BankUnited serves both individual and corporate customers primarily in Florida and New York. The earnings release will be accessible on the company’s Investor Relations page.
BankUnited, Inc. (NYSE:BKU) declared a quarterly cash dividend of $0.23 per common share, to be paid on October 29, 2021. Stockholders of record as of October 14, 2021 will receive this dividend. As of June 30, 2021, BankUnited reported total assets of $35.7 billion. The company is headquartered in Miami Lakes, Florida, and offers a full range of banking services to individual and corporate customers, primarily in Florida and the New York metropolitan area.
BankUnited has launched the inaugural "Small Business, Big Dreams" Women in Business Challenge, offering a
BankUnited, Inc. (NYSE: BKU) reported strong financial results for Q2 2021, with net income of $104 million or $1.11 per diluted share, an increase from the previous quarter's $98.8 million ($1.06/share) and $76.5 million ($0.80/share) year-over-year. For H1 2021, net income was $202.8 million ($2.17/share), up from $45.6 million ($0.47/share) in H1 2020. Total deposits grew by $877 million and the company announced a $150 million share repurchase program on July 21, 2021. Criticized loans decreased by 21%, signaling improving asset quality.
BankUnited, Inc. (NYSE: BKU) will release its financial results for Q2 2021 on July 22, 2021, before the market opens. A conference call to discuss these results will follow at 9:00 a.m. ET with key executives including Chairman Rajinder P. Singh. Participants can access the call via a live webcast or dial in at specified numbers. An archived version will be available for those who miss the live call. BankUnited, with $35.2 billion in assets as of March 31, 2021, operates in Florida and the New York metropolitan area, offering diverse banking services.
BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.23 per common share. This dividend is scheduled for payment on July 30, 2021, to stockholders recorded as of the close of business on July 15, 2021. With total assets amounting to $35.2 billion as of March 31, 2021, BankUnited offers a comprehensive range of banking services across Florida and the New York metropolitan area. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
BankUnited (BKU) reported strong financial results for Q1 2021, with net income of $98.8 million, or $1.06 per diluted share, reversing a net loss of $(31.0) million in Q1 2020. Total deposits grew by $236 million, with non-interest bearing deposits increasing by nearly $1 billion. The bank released reserves totaling $28 million, improving its credit loss outlook due to a better economic forecast. The net interest margin improved to 2.39%, and book value per share climbed to $32.83. The company resumed its share repurchase program, buying back approximately 0.2 million shares for $7.3 million.
BankUnited, Inc. (NYSE: BKU) will release its financial results for Q1 2021 on April 22, before market opening. A conference call, featuring key executives Rajinder P. Singh, Leslie N. Lunak, and Thomas M. Cornish, is scheduled for 9:00 a.m. ET on the same day. The earnings release will be accessible on their Investor Relations page. Given the increased demand for conference calls, live streaming is encouraged. A replay will be available from noon ET on April 22 through April 29. BankUnited has total assets of $35 billion as of December 31, 2020.
BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.23 per common share. This dividend will be payable on April 30, 2021 to stockholders of record by April 15, 2021. With total assets of $35.0 billion as of December 31, 2020, BankUnited offers banking services to individual and corporate customers in Florida and the New York metropolitan area. For more information, visit www.BankUnited.com.