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Bankunited inc   (BKU)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial
 
Price: $25.5500 $-0.68 -2.592%
Day's High: $26.71 Week Perf: -4.02 %
Day's Low: $ 25.23 30 Day Perf: -3.98 %
Volume (M): 1,231 52 Wk High: $ 35.41
Volume (M$): $ 31,439 52 Wk Avg: $24.88
Open: $26.32 52 Wk Low: $15.83



 Market Capitalization (Millions $) 1,918
 Shares Outstanding (Millions) 75
 Employees 1,641
 Revenues (TTM) (Millions $) 873
 Net Income (TTM) (Millions $) 179
 Cash Flow (TTM) (Millions $) 16
 Capital Exp. (TTM) (Millions $) 0

Bankunited Inc

BankUnited, Inc., is a national bank holding company with one wholly-owned subsidiary, BankUnited, National Association ("BankUnited" or the "Bank"), collectively, the Company. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers through 98 branches located in 15 Florida counties and 6 banking centers in the New York metropolitan area. The Bank also provides certain commercial lending products on a national platform. The Company has built, through organic growth and, to a lesser extent, acquisitions, a premier commercially focused regional bank with a long-term value oriented business model serving primarily small and medium sized businesses. We endeavor to provide relationship focused, personalized customer service and offer a full range of traditional banking products and services to both our commercial and retail customers.

Our primary lending focus is to serve small and middle-market businesses, their executives and consumers with a variety of financial products and services, while maintaining a strong and disciplined credit culture.


We offer a full array of lending products that cater to our customers needs including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit and consumer loans. We also purchase performing residential loans through established correspondent channels on a national basis.


We have attracted and invested in experienced lending teams from competing institutions in our Florida, Tri-State and national markets, resulting in significant growth in our new loan portfolio.

We offer traditional deposit products including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates. Our deposits are insured by the FDIC up to statutory limits. Demand deposit balances are concentrated in commercial and small business accounts. Our service fee schedule and rates are competitive with other financial institutions in our markets.

Investment Securities
The primary objectives of our investment policy are to provide liquidity necessary for day-to-day operations, provide a suitable balance of high credit and diversified quality assets to the consolidated balance sheet, manage interest rate risk exposure, and generate acceptable returns given the Companys established risk parameters.
The investment policy is reviewed annually by our Board of Directors. Overall investment goals are established by our Board, Chief Executive Officer, Chief Financial Officer, and members of the Asset/Liability Committee ("ALCO"). The Board has delegated the responsibility of monitoring our investment activities to ALCO. Day-to-day activities pertaining to the investment portfolio are conducted within the Companys Treasury division under the supervision of the Chief Financial Officer.

Our primary banking markets are Florida, with the largest concentration being the Miami metropolitan statistical area, and the Tri-State market of New York, New Jersey and Connecticut. We believe both represent long-term attractive banking markets. We also operate several national commercial lending platforms and purchase residential loans on a national basis through established correspondent channels.
Our competitive strengths, including experienced management, lending and relationship banking teams, a strong capital position and scalable platform, continue to allow us to take advantage of opportunities across our markets.



   Company Address: 14817 Oak Lane Miami Lakes 33016 FL
   Company Phone Number: 569-2000   Stock Exchange / Ticker: NYSE BKU
    Next quarterly dividend pay out on April 30, 2024.


Customers Net Income fell by BKU's Customers Net Profit Margin fell to

-4.35 %

11.18 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BRKL   -2.05%    
CFFN   -2.96%    
FSFG   -0.18%    
HFBL   -4.08%    
KFFB   -1.06%    
TFSL   -0.38%    
• View Complete Report
   



Dividend

BankUnited Boosts Quarterly Dividend by 7.4%: A Testament to Strong Financial Performance and Commitment to Shareholder Value.

Published Thu, Feb 22 2024 9:15 PM UTC

BankUnited Increases Quarterly Cash Dividend by 7.4% to $0.29 per Common Share
Miami Lakes, Fla. - BankUnited, Inc. (NYSE:BKU) announced today that its Board of Directors has approved a 7.4% increase in its quarterly cash dividend to $0.29 per common share. This decision reflects the company's strong financial performance and commitment to delivering value to its shareho...

Bankunited Inc

BankUnited Inc. Faces Revenue Decline and Profitability Hit in Q4 2023

/>BankUnited Inc., a leading bank holding company, recently released its financial results for the fourth quarter of 2023. The company experienced a decline in revenue and profitability compared to the previous year. This article delves into the key facts outlined in the financial report and provides an analysis of the company's performance.
Key Facts:
1. Revenue Decrease: BankUnited Inc.'s revenue for the October to December 31, 2023 fiscal period decreased by -6.61% to $215.05 million compared to the same period in the previous year.
2. Profitability Tumbles: The company's profitability took a significant hit, with a decrease of -66.5% to $0.28 per share, compared to $0.82 in the same reporting period last year.
3. Industry Performance: While BankUnited Inc. experienced a decline, the Savings and Loans (S&Ls) industry as a whole saw revenue growth during the fourth quarter of 2023.
4. Net Profits: BankUnited Inc.'s net profits for the October to December 31, 2023 fiscal period amounted to $20.812 million, a decline of -67.59% from $64.207 million recorded in the corresponding period the previous year.
5. Operating Margin: BankUnited Inc.'s operating margin decreased to 11.25%, and the net margin shrank to 9.68% in the fourth quarter of 2023. This represents a significant decline from the operating margin of 35.52% in the same quarter of 2022.
6. Annual Revenue: For the fiscal year 2023, BankUnited Inc. declared revenue of $873.04 million and a bottom-line profit of $178.67 million.
7. Dividend Declaration: BankUnited Inc.'s Board of Directors announced a quarterly cash dividend of $0.27 per common share, payable on October 31, 2023.

Bankunited Inc

BankUnited Inc. grapples with falling EPS as weak sales weigh on third-quarter performance in 2023



The stock market can be a roller coaster ride, with ups and downs that challenge even the most seasoned investors. In the most recent fiscal period, S&Ls Savings Banks company experienced a significant decline in both its top and bottom-line figures. This article will delve into the financial performance of the company, highlighting interesting facts and shedding light on its future prospects.
Declining Financial Figures:
In the most recent fiscal period, S&Ls Savings Banks company reported dismal numbers, with earnings per share (EPS) plummeting by a staggering 43.75% and revenue experiencing a substantial decline of 17.897% compared to the previous year. Revenue dropped to $209.52 million, compared to $255.19 million, while EPS stood at $0.63, down from $1.12 in the third quarter of 2022.

Dividend

BankUnited, Inc. Declares Quarterly Cash Dividend of $0.27 per Common Share

Published Wed, Sep 27 2023 9:01 PM UTC



MIAMI LAKES, Fla. - BankUnited, Inc. (NYSE: BKU), a leading bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share. The dividend is set to be payable on October 31, 2023, to stockholders of record as of the close of business on October 13, 2023.
BankUnited, Inc., whose total assets rea...

Bankunited Inc

BankUnited Inc Reports Slumping Earnings Amid Rising Revenues in Q2 2023 Despite Surge in Demand

BankUnited Inc, a prominent banking institution, is experiencing positive growth in its shares, with a notable gain of 8.27% over the past 5 trading days and an impressive 38.85% increase over the past 12 months. Currently listed and traded on the New York Stock Exchange (NYSE), BankUnited Inc shares are trading slightly below its 52-week average, specifically at a rate of -3%.
In its financial statements for the period of April to June 30, 2023, BankUnited Inc announced a decline in earnings per share (EPS) despite an increase in revenue. Revenue rose by 4.178% from $214.87 million to $223.85 million on a year-over-year basis. However, income decreased by -4.88% from $0.82 per share to $0.78 per share during the same period in the previous year.






 

Bankunited Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Bankunited Inc does not provide revenue guidance.

Earnings Outlook
Bankunited inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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