Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
28 January 2011Website:
http://www.bankunited.comNext earnings report:
25 July 2024Last dividends:
11 April 2024Next dividends:
12 July 2024Price
after hours | Wed, 03 Jul 2024 17:08:22 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
BKU Latest News
Investors always search for stocks offering explosive returns. A higher price-to-earnings (P/E) ratio typically helps identify opportunities with higher future growth.
MIAMI LAKES, Fla.--(BUSINESS WIRE)--News release for announcement of dividend Q1'24.
BankUnited shares have risen over 26% in the past year but remain below pre-crisis levels, given increased funding costs. Recent commercial real estate worries have impacted regional banking sector performance, but BKU's loan portfolio is well positioned, even if there is a further downturn. BankUnited's deposit growth and conservative underwriting position it well for future earnings growth and potential upside for investors.
BankUnited (BKU) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
BankUnited (BKU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
BankUnited's (BKU) solid loans and deposit balance, fee income strength and high rates are likely to aid its financials. This makes the stock an attractive pick for investors.
BankUnited (BKU) released their earnings report a month ago. What can we expect for the stock in the future?
BankUnited exceeded expectations in its Q1 earnings due to increased non-interest income and decreased provisions. However, challenges such as high costs, a decrease in loan balance, and lower net interest income impacted the overall results.
While the revenue and EPS figures for BankUnited (BKU) provide an indication of its performance in the first quarter of 2024, it could be valuable to analyze how certain important metrics stack up against Wall Street projections and the previous year's results.
BankUnited, Inc. (BKU) reported quarterly earnings of $0.64 per share, surpassing the Zacks Consensus Estimate of $0.62 per share. This is lower than the earnings of $0.70 per share reported in the same quarter last year.
What type of business is BankUnited?
BankUnited, Inc. is a banking holding company that provides a full range of commercial loans as well as commercial and consumer deposit services in the United States. BankUnited, Inc. was founded in 2009 and its headquarters are located in Miami Lakes, Florida. The company was previously known as BU Financial Corporation. The company operates through two main segments: Lending and leasing. This segment provides a full range of credit products such as Commercial Loans, Commercial Real Estate Loans, and Residential Mortgages. The deposit and treasury solutions product segment provides traditional deposit products including commercial and consumer checking accounts, money market deposit accounts, savings accounts, and deposit certificates with various terms and rates.
What sector is BankUnited in?
BankUnited is in the Financial Services sector
What industry is BankUnited in?
BankUnited is in the Banks - Regional industry
What country is BankUnited from?
BankUnited is headquartered in United States
When did BankUnited go public?
BankUnited initial public offering (IPO) was on 28 January 2011
What is BankUnited website?
https://www.bankunited.com
Is BankUnited in the S&P 500?
No, BankUnited is not included in the S&P 500 index
Is BankUnited in the NASDAQ 100?
No, BankUnited is not included in the NASDAQ 100 index
Is BankUnited in the Dow Jones?
No, BankUnited is not included in the Dow Jones index
When does BankUnited report earnings?
The next expected earnings date for BankUnited is 25 July 2024