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 (BKU) reported a net income of $67.2 million or $0.79 per diluted share for Q1 2022, down from $125.3 million or $1.41 per diluted share in Q4 2021. Total deposits saw a decline of $897 million while non-interest bearing demand deposits increased by $688 million, representing 34% of total deposits. The net interest margin expanded to 2.50%, and the company announced a cash dividend increase of 9% to $0.25 per share. Despite market volatility, management remains optimistic about growth, with plans for expansion into new markets.
BankUnited has launched a new corporate banking office in Atlanta, expanding its reach beyond its core markets in Florida and New York. The bank has appointed Adam Gordon as the market executive and corporate banking team leader. With $35.8 billion in total assets as of December 31, 2021, the Atlanta office will focus on corporate banking, treasury management, and commercial real estate lending. This expansion is part of BankUnited's strategy to strengthen its presence in the Southeast and cater to middle-market and large companies in the area.
BankUnited, Inc. (NYSE: BKU) will release its financial results for Q1 2022 on April 21, 2022, before market opening. A conference call featuring CEO Rajinder P. Singh and CFO Leslie N. Lunak will follow at 9:00 a.m. ET. Interested investors can access the release on the Investor Relations page. Due to high demand, participants are encouraged to join via live webcast. The conference ID is 6761489, and a replay will be available from April 21 to April 28.
BankUnited, Inc. (NYSE:BKU) announced a quarterly cash dividend of
BankUnited, Inc. (NYSE: BKU) reported strong financial results for Q4 and FY 2021, with earnings per share at $1.41 and annual net income of $415 million, up from $197.9 million in 2020. The company achieved over $1 billion in loan and deposit growth, marking its best quarter since 2016. The net interest margin rose to 2.44%, while criticized loans declined significantly. A tax benefit of $69.1 million was recorded, impacting overall financial performance positively. The company remains optimistic heading into 2022.
BankUnited, Inc. (NYSE: BKU) will announce its financial results for the quarter and fiscal year ended December 31, 2021, on January 20, 2022, before market opening. A conference call to discuss the results will take place at 9:00 a.m. ET on the same day, featuring CEO Rajinder P. Singh and other executives. Investors can access the earnings release on the BankUnited Investor Relations page. The call will also be available via live Internet webcast, and a replay will be accessible from January 20 through January 27, 2022.
BankUnited, Inc. (NYSE:BKU) has declared a quarterly cash dividend of $0.23 per common share. This dividend will be distributed on January 31, 2022, to stockholders on record by the close of business on January 14, 2022. As of September 30, 2021, the company reported total assets of $35.3 billion.
BankUnited, Inc. (BKU) reported net income of $86.9 million ($0.94 per diluted share) for the quarter ending September 30, 2021, a decrease from the prior quarter's $104.0 million ($1.11 per diluted share) but an increase from $66.6 million ($0.70 per diluted share) year-over-year. Net interest income dropped to $195.1 million, with a net interest margin of 2.33%. Total deposits fell by $493 million, while non-interest bearing demand deposits increased by $324 million. The company authorized an additional $150 million for share repurchase following a previous $58.3 million authorization.
BankUnited, Inc. (NYSE: BKU) will release its financial results for the third quarter of 2021 on October 21, 2021, prior to market opening. A conference call scheduled for 9:00 a.m. ET on the same day will feature key executives discussing the results. With total assets of $35.7 billion as of June 30, 2021, BankUnited serves both individual and corporate customers primarily in Florida and New York. The earnings release will be accessible on the company’s Investor Relations page.
BankUnited, Inc. (NYSE:BKU) declared a quarterly cash dividend of $0.23 per common share, to be paid on October 29, 2021. Stockholders of record as of October 14, 2021 will receive this dividend. As of June 30, 2021, BankUnited reported total assets of $35.7 billion. The company is headquartered in Miami Lakes, Florida, and offers a full range of banking services to individual and corporate customers, primarily in Florida and the New York metropolitan area.
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