Company Overview - BankUnited, Inc. (BKU) is headquartered in Miami Lakes and operates in the Finance sector [2] - The stock has experienced a price change of 14.28% since the beginning of the year [2] Dividend Information - BankUnited is currently paying a dividend of $0.29 per share, resulting in a dividend yield of 3.13% [2] - The company's annualized dividend of $1.16 has increased by 9.4% from the previous year [2] - Over the last 5 years, BankUnited has raised its dividend 4 times, achieving an average annual increase of 6.41% [2] - The current payout ratio is 43%, indicating that the company paid out 43% of its trailing 12-month EPS as dividends [2] Earnings Growth - The Zacks Consensus Estimate for BankUnited's earnings in 2024 is $2.86 per share, with an expected increase of 1.06% from the previous year [3] Investment Perspective - Dividends are favored by investors as they enhance stock investing profits and reduce overall portfolio risk [4] - BankUnited is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [4]

The market expects BankUnited, Inc. (BKU) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...

Company Overview - BankUnited, Inc. (BKU) is based in Miami Lakes and operates in the Finance sector, with a year-to-date share price change of 7.55% [3] - The company currently pays a dividend of $0.29 per share, resulting in a dividend yield of 3.33%, which is higher than the Banks - Major Regional industry's yield of 3.26% and the S&P 500's yield of 1.51% [3] Dividend Performance - BankUnited's annualized dividend of $1.16 has increased by 9.4% from the previous year [4] - Over the past five years, the company has raised its dividend four times, achieving an average annual increase of 6.21% [4] - The current payout ratio stands at 43%, indicating that the company distributes 43% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - The Zacks Consensus Estimate for BankUnited's earnings in 2024 is projected at $2.87 per share, reflecting an expected increase of 1.41% compared to the previous year [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - While high-yielding stocks may face challenges during periods of rising interest rates, BankUnited presents a compelling investment opportunity due to its strong dividend profile [7] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [7]

BankUnited Inc.'s (BKU) shares have soared 58.1% in the past year and outperformed its industry. Also, the stock has performed much better than its close peers Bank OZK (OZK) and Hilltop Holdings Inc. (HTH) . One-Year Price Performance Image Source: Zacks Investment Research Technical indicators also suggest sustained strength for BankUnited. At present, the stock is trading above its 50-day and 200-day moving average, indicating a bullish trend. 50-Day & 200-Day Moving Average Image Source: Zacks Investmen ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: BankUnited, Inc. (BKU) - BankUnited, Inc. currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Performance Metrics - Over the past week, BKU shares increased by 0.61%, outperforming the Zacks Banks - Major Regional industry, which rose by 0.31% [6] - In the last month, BKU's price change was 1.9%, compared to the industry's 2.22% [6] - Over the past quarter, BKU shares have risen by 31.75%, and over the last year, they are up 56.92%, significantly outperforming the S&P 500, which increased by 3.26% and 28.26% respectively [7] Trading Volume - BKU's average 20-day trading volume is 517,304 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for BKU have been revised upwards, increasing the consensus estimate from $2.83 to $2.88 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]

Company Overview - BankUnited, Inc. (BKU) is based in Miami Lakes and operates in the Finance sector, with a year-to-date share price change of 14% [3] - The company currently pays a dividend of $0.29 per share, resulting in a dividend yield of 3.14%, which is slightly below the Banks - Major Regional industry's yield of 3.33% and significantly above the S&P 500's yield of 1.57% [3] Dividend Performance - The annualized dividend of BankUnited is $1.16, reflecting a 9.4% increase from the previous year [4] - Over the past five years, BankUnited has increased its dividend four times, achieving an average annual increase of 6.21% [4] - The current payout ratio stands at 43%, indicating that the company distributes 43% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year 2024, the Zacks Consensus Estimate projects earnings of $2.88 per share, representing a 1.77% increase from the previous year [5] Investment Appeal - BankUnited is recognized as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]

Core Viewpoint - BankUnited (NYSE:BKU) has shown strong performance with a nearly 40% increase in shares over the past year, driven by solid deposit growth and conservative management strategies [1]. Financial Performance - In Q2, BankUnited reported earnings of $0.72, an increase from $0.64 in Q1, indicating improvement in net interest income and resilient credit quality [3]. - Net interest margin (NIM) rose by 15 basis points to 2.72%, up 25 basis points year-over-year, contributing to a sequential increase in net interest income of $11 million to $226 million [3]. - Total deposits increased by $736 million in Q2, with a significant shift towards non-brokered deposits, which rose by $1.3 billion [3]. Deposit Trends - The bank's noninterest-bearing (NIB) deposits increased by $826 million in Q2, now representing 29% of total deposits, which is beneficial in the current interest rate environment [4]. - The cost of deposits improved by 9 basis points to 3.09%, with expectations for further declines as the Federal Reserve is anticipated to cut rates [4]. Loan Growth and Quality - BankUnited's loans increased by $400 million to $24.6 billion, primarily in business lending, while maintaining a loan-to-deposit ratio of 88.7% [4]. - The bank's conservative underwriting approach has resulted in a healthy debt service coverage ratio of 1.77x for commercial real estate (CRE) loans, which constitute 24% of total loans [4]. Credit Quality and Reserves - The bank has $134 million in nonperforming loans, with an allowance for loan losses of $226 million, resulting in a 0.92% allowance to loan ratio [5]. - Management plans to build reserves moderately over the next year, given the current low coverage ratio, while maintaining a strong capital position with an 11.6% common equity tier 1 (CET1) capital ratio [5][6]. Future Outlook - BankUnited is expected to earn between $2.90 and $3.00 this year, with an exit rate closer to $3.20, suggesting shares could reach a fair value of $38.40 [7]. - The anticipated aggressive pace of Fed rate cuts may pressure loan yields, but lower deposit costs and a favorable deposit mix shift could support balance sheet growth [7].

BankUnited, Inc. (BKU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. 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. Since a changing ...

BankUnited Inc.'s (BKU) shares have skyrocketed 45% in the past six months and are currently trading just 3.8% below its 52-week high of $39.51 touched on July 31. The stock has outperformed the industry, the S&P 500 Index and its close peers Fifth Third Bancorp (FITB) , Huntington Bancshares Incorporated (HBAN) and Hilltop Holdings Inc. (HTH) . Image Source: Zacks Investment Research Image Source: Zacks Investment Research Six-Month Price Performance Chart BKU's sustained emphasis on improving the deposit ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has BankUnited, Inc. (BKU) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. BankUnited, Inc. is a member of our Finance group, which includes 860 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks wit ...