The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the nearterm price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and ea ...

This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's ...

BankUnited, Inc. (BKU) is well-positioned for growth on the back of decent loans and deposit balance and fee income growth. Further, the current high interest rates environment will aid its financials. Analysts are also optimistic about the stock's earnings growth potential. Over the past 30 days, the Zacks Consensus Estimate for earnings for both 2024 and 2025 has moved upward by a penny. BKU currently carries a Zacks Rank #2 (Buy). Over the past month, shares of BankUnited have rallied 5.7%, outperforming ...

It has been about a month since the last earnings report for BankUnited, Inc. (BKU) . Shares have added about 16% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is BankUnited due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. BankUnited Q1 Earnings Top Estimates as Pr ...

BANKUNITED, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED March 31, 2024 BANKUNITED, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED March 31, 2024 Credit quality indicators for residential loans BANKUNITED, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED March 31, 2024 | --- | --- | |-------------------------|-------| | | | | LTV Less than 61% | | | | | | 61% - 70% | | | 71% - 80% More than 80% | | | | | | | | | LTV | ...

Shares of BankUnited, Inc. (BKU) gained 2.9% in response to better-than-expected first-quarter 2024 results. Quarterly earnings of 64 cents per share surpassed the Zacks Consensus Estimate of 62 cents. In the prior-year quarter, the company had reported earnings of 70 cents. The just-reported quarter’s earnings included expenses related to FDIC special assessment.Results were aided by an increase in non-interest income and deposits and a decline in provisions. However, lower net interest income (NII) and lo ...

Susan Greenfield - Corporate Secretary Raj Singh - Chairman, President, and CEO Tom Cornish - COO Leslie Lunak - CFO BankUnited, Inc. (NYSE:BKU) Q1 2024 Earnings Call Transcript April 17, 2024 9:00 AM ET Conference Call Participants Operator Susan Greenfield Before we start, I'd like to remind everyone that this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company's current views with respect to, among other things, f ...

C&I | --- | --- | --- | --- | --- | |----------------------|---------------------------|-----------------|-----------------|------------------------------| | Property Type | Florida \nWtd. Avg. DSCR | \nWtd. Avg. LTV | Wtd. Avg. DSCR | NY Tri State \nWtd. Avg. LTV | | Office | | 1.68 64.5 % | | 1.61 61.6 % | | Warehouse/Industrial | | 2.13 50.0 % | | 1.83 37.2 % | | Multifamily | | 2.46 45.3 % | | 1.35 50.8 % | | Retail | | 1.82 58.6 % | | 1.38 61.0 % | | Hotel | | 2.22 44.7 % | | 2.37 21.4 % | | Other 1.94 ...

For the quarter ended March 2024, BankUnited, Inc. (BKU) reported revenue of $241.73 million, down 1.1% over the same period last year. EPS came in at $0.64, compared to $0.70 in the year-ago quarter.The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $239.84 million. With the consensus EPS estimate being $0.62, the EPS surprise was +3.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

BankUnited, Inc. (BKU) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.23%. A quarter ago, it was expected that this company would post earnings of $0.72 per share when it actually produced earnings of $0.72, delivering no surprise.Over the last four quarters, the company has surpas ...