BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. As of December 31, 2020, it operated through a network of 70 branches located in 14 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
IPO Year: 2011
Exchange: NYSE
Website: bankunited.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/13/2024 | $38.00 → $48.00 | Equal Weight → Overweight | Wells Fargo |
7/19/2024 | $33.00 → $41.00 | Outperform | Hovde Group |
3/8/2024 | $29.00 | Equal Weight | Barclays |
1/8/2024 | Neutral → Sell | UBS | |
12/1/2023 | $28.00 | Neutral | Citigroup |
4/26/2023 | Underweight → Neutral | Piper Sandler | |
3/27/2023 | Market Perform → Outperform | Hovde Group | |
3/15/2023 | $25.00 | Neutral | UBS |
12/15/2022 | $45.00 → $38.00 | Overweight → Equal Weight | Wells Fargo |
6/3/2022 | $51.00 | Outperform → Mkt Perform | Keefe Bruyette |
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4 - BankUnited, Inc. (0001504008) (Issuer)
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4 - BankUnited, Inc. (0001504008) (Issuer)
4 - BankUnited, Inc. (0001504008) (Issuer)
4 - BankUnited, Inc. (0001504008) (Issuer)
4 - BankUnited, Inc. (0001504008) (Issuer)
4 - BankUnited, Inc. (0001504008) (Issuer)
BankUnited Inc. (NYSE:BKU) announced it has named bank industry veteran Beth Hosen as executive vice president and head of treasury management, based in New York City. In this position, she will oversee the company's treasury management sales, service and product, as well as its commercial card business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240924331404/en/Beth Hosen, BankUnited executive vice president, head of treasury management (Photo: Business Wire) "Beth has an exceptional background and standard of achievement in our industry over many years and we are thrilled about her decision to join us," said Lisa Shim, Bank
MIAMI LAKES, Fla.--(BUSINESS WIRE)--BankUnited announced today the retirement of executive vice president and director of credit review Walter Shields, and simultaneously announced the hiring of Kelly Taub to serve in that role. Shields has served as EVP and director of credit review since joining BankUnited in 2016. In announcing the retirement, BankUnited Chairman, President and CEO Rajinder P. Singh noted, “As someone who is highly regarded in the industry and an expert in credit risk management, Walter has made invaluable contributions to our bank in a critically important area. We are appreciative of all he has accomplished on behalf of BankUnited, and we wish him the best i
MIAMI LAKES, Fla.--(BUSINESS WIRE)--BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend will be payable on January 29, 2021 to stockholders of record at the close of business on January 14, 2021. About BankUnited, Inc. BankUnited, Inc. (NYSE: BKU), with total assets of $35.0 billion at September 30, 2020, is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida and in the New York metropo
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4 - BankUnited, Inc. (0001504008) (Issuer)
4 - BankUnited, Inc. (0001504008) (Issuer)
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended September 30, 2024. "We're happy with third quarter results as our balance sheet transformation story continues. Margin expanded again this quarter and credit remains well managed. Looking forward, we are optimistic about the environment, our markets and opportunities to grow core customer relationships. Our thoughts are with those who were impacted by the recent storms and we are here to support our employees, clients and communities," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended September 30, 2024, the Company reported net income of $61.5 mil
BankUnited, Inc. (NYSE:BKU) announced today that financial results for the quarter ended September 30, 2024 will be made public in a news release on Tuesday, October 22, 2024 prior to the market opening. A conference call to discuss quarterly results will be held at 9:00 a.m. ET that day with Chairman, President and Chief Executive Officer, Rajinder P. Singh, Chief Financial Officer, Leslie N. Lunak and Chief Operating Officer, Thomas M. Cornish. The earnings release and supplemental information will be available on BankUnited's Investor Relations page prior to the call at https://ir.bankunited.com. The live webcast can be accessed via the Event Calendar section of the Investor Relations
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be payable on October 31, 2024 to stockholders of record at the close of business on October 11, 2024. About BankUnited, Inc. BankUnited, Inc. (NYSE:BKU), with total assets of $35.4 billion at June 30, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas and a comprehensive suite of who
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended June 30, 2024. "This was an outstanding quarter. Margin expanded, the cost of deposits declined, non-interest bearing deposits grew by over $800 million and we saw good growth in the core commercial loan portfolio segments," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended June 30, 2024, the Company reported net income of $53.7 million, or $0.72 per diluted share, compared to $48.0 million, or $0.64 per diluted share, for the immediately preceding quarter ended March 31, 2024 and $58.0 million, or $0.78 per diluted share, for the quarter ended Ju
BankUnited, Inc. (NYSE:BKU) announced today that financial results for the quarter ended June 30, 2024 will be made public in a news release on Thursday, July 18, 2024 prior to the market opening. A conference call to discuss quarterly results will be held at 9:00 a.m. ET that day with Chairman, President and Chief Executive Officer, Rajinder P. Singh, Chief Financial Officer, Leslie N. Lunak and Chief Operating Officer, Thomas M. Cornish. The earnings release and supplemental information will be available on BankUnited's Investor Relations page prior to the call at https://ir.bankunited.com. The live webcast can be accessed via the Event Calendar section of the Investor Relations page
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be payable on July 31, 2024 to stockholders of record at the close of business on July 12, 2024. About BankUnited, Inc. BankUnited, Inc. (NYSE:BKU), with total assets of $35.1 billion at March 31, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas, and a comprehensive suite of whole
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended March 31, 2024. "This quarter was a good start to 2024, with continued improvement in the funding mix, a stable margin and strong credit performance," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended March 31, 2024, the Company reported net income of $48.0 million, or $0.64 per diluted share, compared to $20.8 million, or $0.27 per diluted share, for the immediately preceding quarter ended December 31, 2023 and $52.9 million, or $0.70 per diluted share, for the quarter ended March 31, 2023. Quarterly Highlights This quarter embodied strong e
BankUnited, Inc. (NYSE:BKU) announced today that financial results for the quarter ended March 31, 2024 will be made public in a news release on Wednesday, April 17, 2024 prior to the market opening. A conference call to discuss quarterly results will be held at 9:00 a.m. ET that day with Chairman, President and Chief Executive Officer, Rajinder P. Singh, Chief Financial Officer, Leslie N. Lunak and Chief Operating Officer, Thomas M. Cornish. The earnings release and supplemental information will be available on BankUnited's Investor Relations page prior to the call at https://ir.bankunited.com. The live webcast can be accessed via the Event Calendar section of the Investor Relations pa
BankUnited, Inc. (NYSE:BKU), (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share, reflecting a 7.4% increase from the previous quarterly cash dividend of $0.27 per common share. The dividend will be payable on April 30, 2024 to stockholders of record at the close of business on April 12, 2024. About BankUnited, Inc. BankUnited, Inc. (NYSE:BKU), with total assets of $35.8 billion at December 31, 2023 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking cen
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter and year ended December 31, 2023. "We finished the year with continued improvement on both sides of our balance sheet, expanding margin and strong credit performance. We are benefiting from a strong economy in our primary market and are looking forward to 2024 with great optimism," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended December 31, 2023, the Company reported net income of $20.8 million, or $0.27 per diluted share, compared to $47.0 million, or $0.63 per diluted share, for the immediately preceding quarter ended September 30, 2023 and $64.2 m
Wells Fargo upgraded BankUnited from Equal Weight to Overweight and set a new price target of $48.00 from $38.00 previously
Hovde Group reiterated coverage of BankUnited with a rating of Outperform and set a new price target of $41.00 from $33.00 previously
Barclays initiated coverage of BankUnited with a rating of Equal Weight and set a new price target of $29.00
UBS downgraded BankUnited from Neutral to Sell
Citigroup initiated coverage of BankUnited with a rating of Neutral and set a new price target of $28.00
Piper Sandler upgraded BankUnited from Underweight to Neutral
Hovde Group upgraded BankUnited from Market Perform to Outperform
UBS initiated coverage of BankUnited with a rating of Neutral and set a new price target of $25.00
Wells Fargo downgraded BankUnited from Overweight to Equal Weight and set a new price target of $38.00 from $45.00 previously
Keefe Bruyette downgraded BankUnited from Outperform to Mkt Perform and set a new price target of $51.00
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JP Morgan analyst Steven Alexopoulos maintains BankUnited (NYSE:BKU) with a Neutral and raises the price target from $34.5 to $41.
Wells Fargo analyst Timur Braziler maintains BankUnited (NYSE:BKU) with a Equal-Weight and raises the price target from $32 to $35.
Barclays analyst Jared Shaw maintains BankUnited (NYSE:BKU) with a Equal-Weight and raises the price target from $30 to $35.
These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio? Virtu Financial, Inc. (NASDAQ:VIRT) shares jumped 30.04% after reporting better-than-expected Q2 financial results. V.F. Corporation (NYSE:VFC) stock upped 22.38% after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica (OTC: ESLOF) for $1.5 billion in cash. Several analysts raised their price forecasts on VFC. New Fortress Energy Inc. (NASDAQ:NFE) shares grew 20.19% after the company announced that it achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico. Riot Platforms Inc (NASDAQ:
BankUnited (NYSE:BKU) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 4 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $33.3, a high estimate of $39.00, and a low estimate of $30.00. Observing a 11.74% increase, the current average ha
Wedbush analyst David Chiaverini maintains BankUnited (NYSE:BKU) with a Neutral and raises the price target from $30 to $39.
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde
BankUnited (NYSE:BKU) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.71 by 1.41 percent. This is a 7.69 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $250.21 million which beat the analyst consensus estimate of $243.64 million by 2.70 percent. This is a 4.53 percent increase over sales of $239.37 million the same period last year.
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended September 30, 2024. "We're happy with third quarter results as our balance sheet transformation story continues. Margin expanded again this quarter and credit remains well managed. Looking forward, we are optimistic about the environment, our markets and opportunities to grow core customer relationships. Our thoughts are with those who were impacted by the recent storms and we are here to support our employees, clients and communities," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended September 30, 2024, the Company reported net income of $61.5 mil
BankUnited, Inc. (NYSE:BKU) announced today that financial results for the quarter ended September 30, 2024 will be made public in a news release on Tuesday, October 22, 2024 prior to the market opening. A conference call to discuss quarterly results will be held at 9:00 a.m. ET that day with Chairman, President and Chief Executive Officer, Rajinder P. Singh, Chief Financial Officer, Leslie N. Lunak and Chief Operating Officer, Thomas M. Cornish. The earnings release and supplemental information will be available on BankUnited's Investor Relations page prior to the call at https://ir.bankunited.com. The live webcast can be accessed via the Event Calendar section of the Investor Relations
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be payable on October 31, 2024 to stockholders of record at the close of business on October 11, 2024. About BankUnited, Inc. BankUnited, Inc. (NYSE:BKU), with total assets of $35.4 billion at June 30, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas and a comprehensive suite of who
BankUnited Inc. (NYSE:BKU) announced it has named bank industry veteran Beth Hosen as executive vice president and head of treasury management, based in New York City. In this position, she will oversee the company's treasury management sales, service and product, as well as its commercial card business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240924331404/en/Beth Hosen, BankUnited executive vice president, head of treasury management (Photo: Business Wire) "Beth has an exceptional background and standard of achievement in our industry over many years and we are thrilled about her decision to join us," said Lisa Shim, Bank
Women business owners with dreams of growing their small business have the opportunity to win $15,000 when they enter BankUnited's Small Business, Big Dreams: Women in Business Challenge, which culminates during an annual gathering of women business leaders, owners and aspiring entrepreneurs on Tuesday, October 8 from 8:30 a.m. to 12:30 p.m., at the Renaissance Fort Lauderdale West Hotel in Plantation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240815881978/en/ Held during National Women's Small Business Month in October, the Small Business, Big Dreams Summit includes a morning of inspirational talks, tips and networking opp
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended June 30, 2024. "This was an outstanding quarter. Margin expanded, the cost of deposits declined, non-interest bearing deposits grew by over $800 million and we saw good growth in the core commercial loan portfolio segments," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended June 30, 2024, the Company reported net income of $53.7 million, or $0.72 per diluted share, compared to $48.0 million, or $0.64 per diluted share, for the immediately preceding quarter ended March 31, 2024 and $58.0 million, or $0.78 per diluted share, for the quarter ended Ju
BankUnited, Inc. (NYSE:BKU) announced today that financial results for the quarter ended June 30, 2024 will be made public in a news release on Thursday, July 18, 2024 prior to the market opening. A conference call to discuss quarterly results will be held at 9:00 a.m. ET that day with Chairman, President and Chief Executive Officer, Rajinder P. Singh, Chief Financial Officer, Leslie N. Lunak and Chief Operating Officer, Thomas M. Cornish. The earnings release and supplemental information will be available on BankUnited's Investor Relations page prior to the call at https://ir.bankunited.com. The live webcast can be accessed via the Event Calendar section of the Investor Relations page
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be payable on July 31, 2024 to stockholders of record at the close of business on July 12, 2024. About BankUnited, Inc. BankUnited, Inc. (NYSE:BKU), with total assets of $35.1 billion at March 31, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas, and a comprehensive suite of whole
BankUnited Inc. (NYSE:BKU) announced it has hired Ernie Diaz as senior executive vice president, consumer & commercial/small business executive to lead the bank's consumer, small business and commercial banking teams, effective Wednesday, May 29, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240520190675/en/BankUnited Senior Executive Vice President, Consumer & Commercial/Small Business Executive Ernie Diaz (Photo: Business Wire) "With nearly four decades of leadership in the banking industry, Ernie is an accomplished, dynamic senior executive who is highly regarded for leading successful teams focused on growth," said Th
BankUnited, Inc. (the "Company") (NYSE:BKU) today announced financial results for the quarter ended March 31, 2024. "This quarter was a good start to 2024, with continued improvement in the funding mix, a stable margin and strong credit performance," said Rajinder Singh, Chairman, President and Chief Executive Officer. For the quarter ended March 31, 2024, the Company reported net income of $48.0 million, or $0.64 per diluted share, compared to $20.8 million, or $0.27 per diluted share, for the immediately preceding quarter ended December 31, 2023 and $52.9 million, or $0.70 per diluted share, for the quarter ended March 31, 2023. Quarterly Highlights This quarter embodied strong e