BankUnited(BKU)
Search documents
What Makes BankUnited, Inc. (BKU) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-07-23 17:00
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. BankUnited, Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that st ...
All You Need to Know About BankUnited (BKU) Rating Upgrade to Buy
ZACKS· 2024-07-23 17:00
BankUnited, Inc. (BKU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for BankUnited is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has p ...
BankUnited (BKU) Up on Q2 Earnings Beat, NIM & Deposits Rise
ZACKS· 2024-07-19 14:32
Earnings were aided by an increase in deposits. However, lower net interest income (NII) and non-interest income, loan balance, along with higher expenses, were the undermining factors. Quarterly net revenues were $250.2 million, down 4.5% year over year. However, the top line surpassed the Zacks Consensus Estimate of $243.5 million. Non-interest expenses rose 8.6% to $157.7 million. The increase was mainly due to a rise in all the components except depreciation of operating lease equipment. Our estimate fo ...
BankUnited(BKU) - 2024 Q2 - Earnings Call Transcript
2024-07-18 20:02
BankUnited, Inc. (NYSE:BKU) Q2 2024 Earnings Conference Call July 18, 2024 9:00 AM ET Conference Call Participants Good morning, and thank you for joining us today for BankUnited, Inc. Second Quarter 2024 Results Conference Call. The inclusion of this forward-looking information should not be regarded as a representation by the company that the future plans, estimates or expectations contemplated by the company will be achieved. Such forwardlooking statements are subject to various risks and uncertainties a ...
BankUnited(BKU) - 2024 Q2 - Earnings Call Presentation
2024-07-18 18:35
1 BankUnited Execution on Near-term Strategic Priorities Improve Asset Mix • Same day available liquidity $14.9 billion • Available liquidity 139% of uninsured, uncollateralized deposits; 61% of deposits insured or collateralized. • CET 1 ratio of 11.6%; TCE/TA increased to 7.4% 1 4 3 Manage Expenses • Expenses stable quarter-over-quarter 6 Net Interest Margin • Non-brokered deposits grew $1.3 billion • Non-interest bearing DDA 29% of total deposits; up $826 million for the quarter • Total deposits grew by ...
BankUnited, Inc. (BKU) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-18 12:56
BankUnited, Inc. (BKU) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.77%. A quarter ago, it was expected that this company would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%. Over the last four quarters, the company ...
BankUnited(BKU) - 2024 Q2 - Quarterly Results
2024-07-18 10:47
| --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------|----------------------------------|--------------------|-----------------------------------|--------------------|--------------------------------------|--------------------|----------------------------------------------| | | June 30, 2024 \nBankUnited, Inc. | \nBankUnited, N.A. | March 31, 2024 \nBankUnited, Inc. | \nBankUnited, N.A. | December 31, 2023 \nBankUnited, Inc. | \nBankUnited, N.A. | Requi ...
Analysts Estimate BankUnited, Inc. (BKU) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-11 15:06
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 18. On the other hand, if they miss, the stock may move lower. Revenues are expected to be $245.22 million, up 2.4% from the year-ago quarter. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Thus, a positive or negative Earnings ESP reading theoretically indicat ...
BankUnited: Upside Even With Potential CRE Weakness
Seeking Alpha· 2024-06-25 02:58
Shares of BankUnited (NYSE:BKU) have been a solid performer over the past year, rising over 26%, though shares remain below levels seen when the regional banking olumbia to the of O 2023 began. I last covered BKU in December mains of the Planes that commendation, BKU. healin other hemen be tout ontine maten. crisis of Q1 2023 began. time to determine if BKU risks further underperformance or if now represents a good buying opportunity. In the company's first quarter reported on April 17th, BKU earned $0.64, ...
Why You Shouldn't Bet Against BankUnited (BKU) Stock
ZACKS· 2024-06-20 13:35
One stock that might be an intriguing choice for investors right now is BankUnited, Inc. (BKU) . This is because this security in the Banks - Major Regional space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. In fact, over the past month, current quarter estimates have risen from 65 cents per share to 66 cents per share, while current year estimates have risen from $2.74 per share to $2.80 per share. This has helped BKU to earn a Zacks R ...