Workflow
BankUnited(BKU)
icon
Search documents
BankUnited(BKU) - 2024 Q1 - Quarterly Results
2024-04-17 10:48
11 Exhibit 99.1 Miami Lakes, Fla. — April 17, 2024 — BankUnited, Inc. (the "Company") (NYSE: BKU) today announced financial results for the quarter ended March 31, 2024. 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. • This quarter embodied ...
BankUnited (BKU) Loans & Deposit Balances Aid, High Costs Ail
Zacks Investment Research· 2024-04-15 16:00
BankUnited Inc. (BKU) remains well-poised for growth on the back of high rates, decent loans and deposit balances, and solid fee income sources. However, rising expenses and weak asset quality are headwinds.BankUnited’s organic growth is primarily driven by strong loans and deposit balances. Though the company’s revenues fell in 2020 and 2023, the metric witnessed a compound annual growth rate (CAGR) of 2.8% over the three years ending in 2023. Net loans experienced a 3.8% CAGR over the five years ended 202 ...
6 Upcoming Dividend Increases
Seeking Alpha· 2024-04-04 07:37
MicroStockHub This week, I have six new dividend increases to share with you—the increases average 6.6% and median 7.5%. Read on for the complete lists! As an investor who follows a dividend-growth strategy, I eagerly await dividend payouts, especially when they increase. I have observed that companies that regularly raise their dividends perform significantly better than those that don't. I consistently monitor these companies and can confidently share my insights on upcoming dividend increases. I have ...
BankUnited (BKU) Rewards Shareholders With 7.4% Dividend Hike
Zacks Investment Research· 2024-02-26 16:30
BankUnited, Inc (BKU) has increased its quarterly dividend. The company announced a quarterly cash dividend of 29 cents per share, marking an increase of 7.4% from the prior payout. This dividend will be paid out on Apr 30, 2024, to shareholders of record as of Apr 12.Prior to this, BKU hiked its dividend by 8% to 27 cents per share on Feb 23, 2023. The company has increased its dividend payout four times in the past five years. Also, the company has five-year annualized dividend growth of 5.67%. Currently, ...
BankUnited, Inc. Announces Increase in Quarterly Dividend
Businesswire· 2024-02-22 21:15
MIAMI LAKES, Fla.--(BUSINESS WIRE)--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, 20 ...
BankUnited(BKU) - 2023 Q4 - Annual Report
2024-02-19 16:00
• Fair Credit Reporting Act; Banking organizations are subject to many federal and state laws and regulations governing the collection, use and protection of customer information. For example, the Gramm-Leach-Bliley Act requires BankUnited to disclose its privacy policies and practices relating to sharing nonpublic customer information and enables retail customers to opt out of our ability to share information with unaffiliated third parties under certain circumstances. Other federal and state laws and regu ...
Why BankUnited, Inc. (BKU) is a Great Dividend Stock Right Now
Zacks Investment Research· 2024-01-29 17:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view i ...
BankUnited (BKU) Q4 Earnings Meet, Revenues & Provisions Fall Y/Y
Zacks Investment Research· 2024-01-29 17:06
BankUnited, Inc.’s (BKU) fourth-quarter 2023 adjusted earnings of 72 cents per share met the Zacks Consensus Estimate. In the prior-year quarter, the company reported earnings of 82 cents. The reported quarter’s earnings excluded expenses related to FDIC special assessment and a loss on sale of operating lease equipment.Results were aided by a decline in provisions. However, lower net interest income (NII) and non-interest income, along with higher expenses, were the undermining factors.Net income was $20.8 ...
BankUnited(BKU) - 2023 Q4 - Earnings Call Transcript
2024-01-26 19:47
BankUnited, Inc. (NYSE:BKU) Q4 2023 Results Conference Call January 26, 2024 9:00 AM ET Susan Greenfield - Corporate Secretary Thomas Cornish - Chief Operating Officer Company Participants Raj Singh - Chairman, President and Chief Executive Officer Okay. And maybe one last one. I know you already addressed this on the buybacks. It seems like you're speaking positively about loan growth. C&I and CRE outlook is positive. You're talking about a soft landing, credit trends are contained. Why not take advantage ...
BankUnited, Inc. (BKU) Matches Q4 Earnings Estimates
Zacks Investment Research· 2024-01-26 13:56
BankUnited, Inc. (BKU) came out with quarterly earnings of $0.72 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.71 per share when it actually produced earnings of $0.63, delivering a surprise of -11.27%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.BankUnited, Inc., which b ...