BankUnited(US:BKU)2025-10-22 13:00Financial Performance - Net income reached $71.9 million, a 5% increase quarter-over-quarter[4] - Net Interest Margin (NIM) expanded by 0.07% to 3.00% from 2.93% in the previous quarter, and up 22 bps from Q3 2024[4,5] - Annualized Return on Assets (ROA) improved to 0.82%, and Return on Equity (ROE) improved to 9.5%[4] - Cost of deposits decreased by 0.09% to 2.38% from 2.47%, with a spot Annual Percentage Yield (APY) of 2.31% at September 30[4] Deposits - Average Non-interest-bearing Demand Deposit Accounts (NIDDA) increased by $210 million quarter-over-quarter and $741 million year-over-year[4] - NIDDA declined by $488 million quarter-over-quarter due to normal seasonality[4,5] - NIDDA accounted for 30% of total deposits as of September 30, 2025[4,5] - Non-interest DDA was $8,625 million, a decrease of $488 million from the previous quarter but an increase of $990 million year-over-year[5] Loans and Asset Quality - Total loans decreased by $231 million, with lower yielding and non-core residential, franchise, equipment, and municipal finance down an aggregate of $245 million[4,5] - Period-end Core Commercial & Industrial (C&I) and Commercial Real Estate (CRE) loans were $15,090 million, a decrease of $69 million from the previous quarter[5] - Non-performing assets to total assets ratio was 1.10%[5] - Allowance for Credit Losses (ACL) to total loans ratio was 0.93%[5] Capital - Common Equity Tier 1 (CET1) ratio was 12.5%[4,5] - Tangible book value per share is now $39.27, an 8% year-over-year growth[4]