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BKU News and Press, BankUnited Inc. From 04/25/23

Stock Information

Company Name: BankUnited Inc.
Stock Symbol: BKU
Market: NYSE
Website: bankunited.com

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BKU - BankUnited GAAP EPS of $0.70 misses by $0.19, revenue of $244.41M misses by $15.97M

2023-04-25 06:49:58 ET BankUnited press release ( NYSE: BKU ): Q1 GAAP EPS of $0.70 misses by $0.19 . Revenue of $244.41M (+9.6% Y/Y) misses by $15.97M . For the quarter ended March 31, 2023, the provision for credit losses was $19.8 million compared to provisi...

BKU - BankUnited, Inc. Reports First Quarter 2023 Results

BankUnited, Inc. (the “Company”) (NYSE: BKU) today announced financial results for the quarter ended March 31, 2023. "While March was a challenging month for the banking industry, BankUnited continued to support its customers and serve their banking needs. Our business is stable...

BKU - Catalyst watch: Earnings blitz, Mobileye lockup expiration and the new one-day VIX debut

2023-04-21 15:00:36 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

BKU - BankUnited: A Solid Bank, Undervalued Dividend Stock

2023-04-13 14:58:40 ET Summary BankUnited has had massive revenue growth but hammered margins. Its stellar balance sheet shows it can withstand current headwinds and bounce back. Market prospects are more promising as macroeconomic indicators stabilize. BankUnited's divide...

BKU - BankUnited Expands Corporate Banking Division in Florida

BankUnited, N.A., one of the largest independent depository institutions headquartered in Florida, is expanding its Florida corporate banking division with the addition of three bankers who will help serve the bank’s growing portfolio of middle-market and large corporate companies doing bu...

BKU - Midsize banks press FDIC to insure all deposits over next two years - Bloomberg

2023-03-19 00:15:05 ET A group representing midsize US banks has sent a letter to the FDIC asking the agency to ensure all bank deposits for the next two years. The Mid-Sized Bank Coalition of America (MBCA) argued the protection is needed to stabilize the banking sector, prevent ...

BKU - UBS awards Western Alliance as its top buy among 19 regional banks buy, sell, hold initiations

2023-03-15 12:52:31 ET Crowning Western Alliance Bancorp ( WAL ) as its top buy (price target of $15) among 19 mid-cap banks that UBS initiated coverage on Wednesday, analysts believe that these regional banks are in "no man's land", with funding and credit concerns in focus, and ...

BKU - BankUnited raises dividend by 8% to $0.27

BankUnited ( NYSE: BKU ) declares $0.27/share quarterly dividend , 8% increase from prior dividend of $0.25. Forward yield 3.07% Payable April 28; for shareholders of record April 12; ex-div April 11. See BKU Dividend Scorecard, Yield Chart, & Dividend Growth...

BKU - BankUnited, Inc. Announces 8 Percent Increase in Quarterly Dividend

BankUnited, Inc. (NYSE:BKU), (the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share, reflecting an 8% increase from the previous quarterly cash dividend of $0.25 per common share. The dividend will be payable on A...

BKU - BankUnited Posting Good Loan Growth, But Margin Pressures Loom

Summary BankUnited posted weak fourth quarter results, with softer spread income, higher expenses, weaker pre-provision profits, and higher provisioning expense. Management delivered excellent C&I loan growth, and this remains an important driver, but CRE loan growth softened and ma...

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