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. (NYSE: BKU) is a bank holding company for BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida. News about BKU often reflects its role as a commercially focused regional bank serving individuals, small businesses, middle-market companies, large corporations and institutions across Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.
The BKU news feed highlights financial results and earnings announcements, where the company reports quarterly performance, net interest income, net interest margin, loan and deposit trends, asset quality metrics and capital ratios. These updates provide insight into how the bank’s loan portfolios, deposit base and funding costs are evolving over time.
Investors and followers of BKU can also expect corporate governance and leadership news, including executive appointments, such as chief financial officer transitions, and detailed succession plans disclosed through press releases and Form 8-K filings. Such items shed light on the company’s management team and strategic direction.
Another recurring theme in BankUnited news is capital and balance sheet actions, including the redemption of senior notes and information about the composition of commercial and residential loan portfolios. The company also issues releases about dividend declarations, indicating decisions by the board of directors regarding quarterly cash dividends on common shares.
Operational and expansion updates appear as well, such as announcements of new corporate offices in markets like Tampa, Florida, and leadership appointments for branch banking and specialized divisions like National Title Solutions. For ongoing coverage of these developments, the BKU news page aggregates company-issued releases and related disclosures in one place.
BankUnited (NYSE:BKU) has announced a strategic CFO succession plan, with James G. Mackey joining as senior executive vice president on August 15, 2025, before assuming the CFO role on November 1, 2025. Mackey, who previously served as CFO at Wells Fargo's consumer lending division, will succeed Leslie Lunak, who plans to retire on January 1, 2026.
Mackey brings over three decades of experience from leadership roles at major financial institutions including Freddie Mac, Ally Financial, and Bank of America. During Lunak's tenure as CFO since 2013, BankUnited experienced significant growth, with total assets increasing from $12 billion to over $35.5 billion. The bank currently operates across multiple states including Florida, New York, Dallas, Atlanta, Morristown, New Jersey, and Charlotte, North Carolina.
BankUnited (NYSE:BKU) reported strong Q2 2025 financial results, with net income reaching $68.8 million ($0.91 per diluted share), an 18% increase from Q1 2025 and a significant improvement from $53.7 million in Q2 2024.
Key highlights include: Net interest margin expanded to 2.93%, non-interest bearing demand deposits grew by $1.0 billion (13%), and the average cost of total deposits declined to 2.47%. The company maintained strong capital positions with CET1 at 12.2% and announced a new $100 million share repurchase program.
Credit quality metrics showed mixed results with total criticized loans declining by $156 million, though non-accrual loans increased by $117 million, primarily due to office exposure. The company's Board authorized the redemption of all outstanding 4.875% senior notes due November 2025.
[ "Net income increased 18% QoQ to $68.8 million ($0.91 per diluted share)", "Non-interest bearing demand deposits grew by $1.0 billion (13%) to 32% of total deposits", "Net interest margin expanded by 0.12% to 2.93%", "Average cost of total deposits declined by 0.11% to 2.47%", "Board authorized new $100 million share repurchase program", "Tangible book value per share increased 9% year-over-year to $38.23" ]BankUnited (NYSE: BKU) has announced its strategic expansion into Charlotte, North Carolina, marking a significant move into the #1 ranked state for business in 2025. The bank has appointed three key executives to lead this initiative: Robert Hoak as SVP of corporate banking, R. Bryan Moore as SVP of commercial real estate, and Brand Hosford as VP of senior credit products.
Moore brings impressive credentials with over $2 billion in commercial real estate loans managed throughout his 15-year career. The expansion follows BankUnited's successful growth in Atlanta, Dallas, and Morristown, New Jersey. The bank, with total assets of $34.8 billion as of March 31, 2025, continues its strategic southeastern expansion from its Miami Lakes, Florida headquarters.
BankUnited (NYSE:BKU) has announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share. The dividend will be distributed to shareholders of record as of July 11, 2025, with the payment scheduled for July 31, 2025.
BankUnited (NYSE: BKU) has scheduled the release of its Q2 2025 financial results for Wednesday, July 23, 2025, before market opening. The company will host a conference call at 9:00 a.m. ET featuring key executives including CEO Rajinder P. Singh, CFO Leslie N. Lunak, and COO Thomas M. Cornish.
BankUnited, with total assets of $34.8 billion as of March 31, 2025, operates as a national bank headquartered in Miami Lakes, Florida. The bank provides comprehensive banking services through locations in Florida, New York metropolitan area, Dallas, Texas, and maintains a Southeast-focused Atlanta office.
BankUnited (NYSE: BKU) has expanded its presence in the tri-state area with a new corporate banking office in Morristown, New Jersey. The office, located at 38 Headquarters Plaza, will enhance the bank's corporate and commercial banking services and CRE lending in the region. Led by Bob Murphy, Charles Marchica, and Christopher Csontas, the new location joins BankUnited's Atlanta and Dallas offices in serving corporate customers.
The bank strategically chose Morristown for its strong business infrastructure, with Morris County boasting a $50 billion annual gross regional product. BankUnited, recently named one of the World's Most Trustworthy Companies by Newsweek, reported total assets of $34.8 billion as of March 31, 2025, and operates banking centers across Florida, metropolitan New York, and Texas.
BankUnited (NYSE: BKU) reported Q1 2025 net income of $58.5 million, or $0.78 per diluted share, compared to $69.3 million ($0.91/share) in Q4 2024 and $48.0 million ($0.64/share) in Q1 2024.
Key highlights include:
- Non-interest bearing deposits grew by $453 million (5.9%) to 29% of total deposits
- Total loans declined by $308 million
- Net interest margin decreased to 2.81% from 2.84% in previous quarter
- Average cost of total deposits declined to 2.58% from 2.72%
- CET1 ratio stood at 12.2% at consolidated level
- Increased quarterly dividend by 7% to $0.31 per share
Asset quality metrics showed annualized net charge-off ratio of 0.33%, with non-performing assets ratio at 0.76%. The allowance for credit losses to total loans ratio remained stable at 0.92%.
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.