Welcome to our dedicated page for Bankunited news (Ticker: BKU), a resource for investors and traders seeking the latest updates and insights on Bankunited stock.
BankUnited Inc (BKU) provides comprehensive financial services through its commercial banking operations and digital platforms. This news hub aggregates all official corporate communications, regulatory filings, and market developments related to the New York Stock Exchange-listed institution.
Investors and analysts will find timely updates on quarterly earnings, strategic initiatives, and leadership changes. The curated collection features press releases about commercial lending programs, deposit product enhancements, and regulatory compliance updates – all essential for understanding BKU's position in regional banking markets.
Key content categories include:
• Earnings reports and financial performance
• Mergers, acquisitions, and partnership announcements
• Leadership appointments and governance updates
• Regulatory disclosures and compliance milestones
Bookmark this page for direct access to source materials from BankUnited's investor relations team. Check regularly for new developments affecting the company's operations in Florida, New York, and Southeastern markets.
BankUnited (NYSE: BKU) has announced it will release its first quarter 2025 financial results on Monday, April 28, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring Chairman, President and CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.
The earnings release and supplemental information will be available on BankUnited's Investor Relations website. BankUnited, with total assets of $35.2 billion as of December 31, 2024, operates as a national bank headquartered in Miami Lakes, Florida, providing banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and a Southeast-focused Atlanta office.
BankUnited (NYSE:BKU) has announced a 7% increase in its quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.31 per common share, up from the previous $0.29 per share. The dividend will be paid on April 30, 2025, to shareholders of record as of April 11, 2025.
BankUnited (NYSE: BKU) has appointed Lynetta Tipton Steed as executive vice president and head of business banking for Florida and Texas markets. Steed, who brings over 35 years of banking experience, will lead the development and management of strategic objectives for BankUnited's business banking teams, focusing on expanding the company's business banking loan portfolio.
Previously, Steed served as executive vice president at Regions Bank and as business banking executive at Fifth Third Bank. She is a current member and past chairperson of the Consumer Banker Association's Small Business Committee-Washington, D.C., where she has testified before the U.S. House of Representatives' Small Business Committee.
BankUnited, with total assets of $35.2 billion as of December 31, 2024, operates banking centers across Florida, New York metropolitan area, and Dallas, Texas, offering comprehensive banking services to individual and corporate customers.
BankUnited (NYSE: BKU) reported strong financial results for Q4 and full-year 2024. The company achieved net income of $69.3 million ($0.91 per share) in Q4 2024, up from $61.5 million in Q3 2024 and $20.8 million in Q4 2023. Full-year 2024 net income reached $232.5 million ($3.08 per share), compared to $178.7 million in 2023.
Key highlights include: net interest margin expansion to 2.84% in Q4 2024; average cost of total deposits declined to 2.72%; total loans decreased by $101 million in Q4; and the loan-to-deposit ratio improved to 87.2%. The company maintained strong capital positions with CET1 at 12.0%. Non-performing loans increased to $250.7 million (1.03% of total loans), primarily due to one CRE office loan.
The bank's commercial real estate exposure represented 26% of loans and 169% of total risk-based capital, significantly below industry medians for similar-sized banks.
BankUnited (NYSE: BKU) has announced it will release its financial results for Q4 and fiscal year 2024 on Wednesday, January 22, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring Chairman, President and CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.
The earnings release and supplemental information will be available on BankUnited's Investor Relations page. BankUnited, with total assets of $35.8 billion as of September 30, 2024, operates as a national bank headquartered in Miami Lakes, Florida, providing banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and Atlanta.
BankUnited (NYSE:BKU) has announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share. The dividend will be paid on January 31, 2025, to stockholders who are on record as of the close of business on January 10, 2025.
BankUnited, Inc. (NYSE: BKU) reported net income of $61.5 million, or $0.81 per diluted share, for Q3 2024, compared to $53.7 million in Q2 2024 and $47.0 million in Q3 2023. The net interest margin expanded to 2.78% from 2.72% in the previous quarter. Total deposits grew by $93 million for Q3 2024, while total loans declined by $230 million. The loan to deposit ratio decreased to 87.6% from 88.7% in Q2 2024. The CET1 ratio was 11.8% at the consolidated level. The company's liquidity remains strong with $15.0 billion in total same-day available liquidity. Book value per common share increased to $37.56 from $36.11 in Q2 2024.
BankUnited, Inc. (NYSE: BKU) has announced that it will release its financial results for the third quarter ended September 30, 2024, on Tuesday, October 22, 2024, before the market opens. The company will host a conference call at 9:00 a.m. ET on the same day to discuss the quarterly results. Chairman, President and CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish will lead the call.
Investors can access the earnings release and supplemental information on BankUnited's Investor Relations page prior to the call. The live webcast will be available through the Event Calendar section of the Investor Relations page. Participants are advised to sign in at least 15 minutes before the call. For those unable to attend, an archived webcast will be available approximately two hours after the live event.
BankUnited (NYSE:BKU) has announced a quarterly cash dividend of $0.29 per common share. The dividend will be paid on October 31, 2024 to stockholders of record as of the close of business on October 11, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders through regular dividend payments.
BankUnited Inc. (NYSE: BKU) has appointed Beth Hosen as executive vice president and head of treasury management, based in New York City. With 30 years of experience in commercial, government, and consumer banking, Hosen will oversee the company's treasury management sales, service, product, and commercial card business. She joins BankUnited from Wells Fargo, where she was managing director of segment strategy and client advisory. Previously, Hosen held various leadership positions at JPMorgan Chase Bank, N.A.
Lisa Shim, BankUnited's senior executive vice president and head of technology and innovation, expressed confidence in Hosen's ability to contribute to the growth of the company's treasury solutions practice. BankUnited, with total assets of $35.4 billion as of June 30, 2024, operates in Florida, New York, Dallas, and Atlanta, offering a full range of banking and related services to individual and corporate customers.
