BankUnited: Maintaining A Cautious Approach As Earnings Near

2025-07-21 18:37:56 ET

Back in November of last year, one financial institution that I decided to revisit was BankUnited, Inc. ( BKU ). From June of 2023 through April of last year, I had the company rated a Buy. And in that time, the stock had risen by 28.5%, outpacing the 16.9% rise experienced by the S&P 500 (SP500). After downgrading it to a Hold, however, the stock rose even more, climbing another 65.1% compared to the 16.1% increase that the S&P 500 enjoyed. But since I revisited it in November of last year and warned that a downgrade to a Sell rating might be justified before too long, the stock has pulled back, dropping 7.4% while the market is up 4.4%....

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