Bankunited, Inc. - BKU STOCK NEWS

BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.25 per common share, payable on January 31, 2023. Stockholders of record as of January 13, 2023 will receive this dividend. As of September 30, 2022, BankUnited reported total assets of $36.6 billion, indicating a strong financial position. The bank provides a comprehensive suite of banking services across Florida, New York, and Texas, catering to individual and corporate customers.

BankUnited, Inc. (NYSE: BKU) reported strong financial results for Q3 2022, with a net income of $87.9 million, or $1.12 per diluted share, reflecting a significant increase from $65.8 million in Q2 2022. The net interest margin rose to 2.76% from 2.63% in the previous quarter. Total loans grew by $186 million, while non-interest bearing deposits fell by $851 million. The company's provision for credit losses decreased to $3.7 million. Despite challenges from Hurricane Ian, the bank did not incur significant operational disruptions. The Board approved a $150 million stock repurchase program.

BankUnited, Inc. (NYSE: BKU) will announce its financial results for the quarter ended September 30, 2022, on October 20, 2022, before market opening. A conference call is scheduled for 9:00 a.m. ET on the same day with key executives discussing the results. Interested parties can access the live webcast through BankUnited's Investor Relations page. The company has total assets of $36.6 billion as of June 30, 2022, and it offers a range of banking services in Florida, New York, and Texas, along with national commercial lending products.

BankUnited, Inc. (NYSE:BKU) declared a quarterly cash dividend of $0.25 per common share, payable on October 31, 2022. Stockholders must be on record by the close of business on October 14, 2022. As of June 30, 2022, BankUnited reported total assets of $36.6 billion. This dividend reflects the company's ongoing commitment to returning value to its shareholders.

BankUnited has launched its second annual "Small Business, Big Dreams" Women in Business Challenge, aimed at supporting women entrepreneurs. The contest is open for entries until September 16, 2022, offering a total prize pool of $22,500 for the top three finalists. The competition will culminate in a live pitch event on October 20, coinciding with National Women’s Small Business Month. To participate, businesses must be at least 51% woman-owned and based in Florida or New York. This initiative highlights BankUnited's commitment to empowering women-owned businesses.

BankUnited, Inc. (NYSE: BKU) reported its financial results for Q2 2022, showing net income of $65.8 million, a slight decrease from $67.2 million in Q1 2022, and down from $104 million in Q2 2021. Loan growth was strong, with a $780 million increase, largely in commercial segments. The net interest margin expanded to 2.63%, up from 2.50% sequentially. However, a provision for credit losses of $24 million was recorded, compared to $7.8 million in Q1 2022. The bank’s total assets reached $36.6 billion, and the value of non-performing loans decreased to 0.60% of total loans.

BankUnited, Inc. (NYSE: BKU) will release its financial results for the quarter ending June 30, 2022, on July 21, 2022, before market hours. A conference call with top executives will follow at 9:00 a.m. ET to discuss these results. Investors can access the earnings release and supplementary information on the Investor Relations page prior to the call. BankUnited, headquartered in Miami Lakes, Florida, has total assets of $36.3 billion as of March 31, 2022, serving customers in Florida, New York, and Texas.

BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.25 per common share. The dividend is set to be paid on July 29, 2022, to stockholders of record as of July 14, 2022. This announcement reflects the company’s ongoing commitment to returning value to shareholders. As of March 31, 2022, BankUnited's total assets amounted to $36.3 billion, highlighting its strong financial position.

BankUnited, N.A. has appointed Nate Seymour as market executive for southeast commercial real estate banking in Atlanta. Seymour brings nearly a decade of experience, previously working as VP of commercial real estate at Truist. He will lead BankUnited's commercial real estate lending team, focusing on clients in Georgia, Alabama, Tennessee, North Carolina, and South Carolina. The Atlanta office will also provide corporate banking, treasury management, and healthcare banking services.