BankUnited(BKU)

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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 ...
BankUnited (BKU) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-06-14 17:01
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 ...
Bears are Losing Control Over BankUnited (BKU), Here's Why It's a 'Buy' Now
ZACKS· 2024-06-12 14:55
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 ...
Here's Why BankUnited (BKU) is Worth Betting on Right Now
zacks.com· 2024-05-22 16:11
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 ...
BankUnited (BKU) Up 16% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-17 16:36
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(BKU) - 2024 Q1 - Quarterly Report
2024-04-25 20:32
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 | ...
BankUnited (BKU) Stock Up as Q1 Earnings Top, Provisions Fall
Zacks Investment Research· 2024-04-18 14:11
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 ...
BankUnited(BKU) - 2024 Q1 - Earnings Call Transcript
2024-04-17 16:14
BankUnited, Inc. (NYSE:BKU) Q1 2024 Earnings Call Transcript April 17, 2024 9:00 AM ET Company Participants Susan Greenfield - Corporate Secretary Raj Singh - Chairman, President, and CEO Tom Cornish - COO Leslie Lunak - CFO Conference Call Participants Benjamin Gerlinger - Citi Stephen Scouten - Piper Sandler Jared Shaw - Barclays Woody Lay - KBW Steven Alexopoulos - J.P. Morgan David Bishop - Hovde Group Operator Good day and thank you for standing by. Welcome to BankUnited First Quarter 2024 Earnings Con ...
BankUnited(BKU) - 2024 Q1 - Earnings Call Presentation
2024-04-17 14:34
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 ...