BankUnited Q4 Earnings Call Highlights

Management pointed to notable deposit momentum, particularly growth in non-interest demand deposit accounts (NIDDA). Singh said NIDDA increased $485 million on a period-end “spot basis” in the quarter and was up $1.5 billion for the year. However, he cautioned that average balances provide a clearer view given quarter-end volatility and seasonal factors. Average NIDDA was up about $505 million in the quarter and $844 million for the year, which Singh described as “pretty solid numbers.”Pre-provision net rev ...