BankUnited Inc

BankUnited Inc

BKU · NYSE · Financial Services / Banks - Regional

43.80USD-0.11 (-0.25%)

Price History

Full chart

Market Stats

Previous Close43.91
Open43.92
Day Range43.28 – 43.97
52-Week Range34.38 – 51.39
Volume345.70K
Market Cap3.11B
P/E (TTM)11.99
Forward P/E9.84
EPS3.64
Dividend Yield3.04%
Beta1.17
50-Day Avg46.24
200-Day Avg46.66

About

BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, payments and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers loan servicing and deposit transaction processing systems, cloud-based data storage, electronic funds transfer transaction processing, online banking services, ERP systems and computer and networking infrastructure. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Rajinder P. Singh
  • Employees1.78K
  • Headquarters14817 Oak Lane, Miami Lakes, FL, United States, 33016, USA
  • Websitehttps://www.bankunited.com

Leadership

  • Mr. Rajinder P. SinghChairman, President & CEO · b. 1971
  • Mr. James G. MackeyChief Financial Officer · b. 1967
  • Mr. Thomas M. CornishChief Operating Officer · b. 1959
  • Mr. Rishi BansalChief Investment Officer of BankUnited, National Association · b. 1974
  • Mr. Jay D. RichardsChief Risk Officer of BankUnited, National Association · b. 1971
  • Mr. Christopher PerryExecutive VP & Director of Human Resources
  • Ms. Lisa ShimExecutive VP & Head of Consumer and Small Business
  • Mr. Benjamin StacksExecutive VP & Manager of Commercial Real Estate Lending for North Region
  • Mr. Joshua KesnerSenior VP & Director of Commercial Card Services
  • Ms. Kelly TaubExecutive VP & Director of Credit Review

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue557.05M791.84M665.40M789.40M797.47M867.91M983.04M1.17B1.36B1.58B1.43B1.20B1.09B1.31B1.94B2.02B2.14B
Growth (%)-+42.15%-15.97%+18.63%+1.02%+8.83%+13.27%+18.57%+16.88%+16.06%-9.62%-15.97%-8.93%+19.61%+48.65%+4.11%+5.84%
Cost of Revenue106.48M219.61M152.76M142.16M124.58M148.16M179.47M239.74M322.94M424.98M537.99M494.28M96.64M392.64M1.07B1.07B1.08B
Gross Profit450.57M572.23M512.64M647.24M672.90M719.75M803.57M925.89M1.04B1.16B891.09M706.55M996.96M915.44M873.03M958.35M1.06B
Gross Margin80.89%72.27%77.04%81.99%84.38%82.93%81.74%79.43%76.30%73.12%62.35%58.84%91.16%69.98%44.90%47.34%49.49%
Operating Expense251.15M259.69M319.90M302.37M354.90M426.50M506.67M590.45M634.97M740.54M487.09M456.49M547.58M540.31M635.95M642.00M702.86M
Operating Income199.42M312.54M192.74M344.87M318.00M293.25M296.89M335.44M404.46M415.65M404.00M250.06M449.38M375.13M237.08M316.35M357.32M
Operating Margin35.80%39.47%28.97%43.69%39.88%33.79%30.20%28.78%29.69%26.29%28.27%20.82%41.09%28.68%12.19%15.63%16.68%
EBITDA200.62M315.94M200.73M359.92M341.19M324.80M340.28M391.89M466.01M479.92M476.42M321.87M527.88M452.75M311.14M376.46M393.13M
EBITDA Margin36.02%39.90%30.17%45.59%42.78%37.42%34.62%33.62%34.21%30.35%33.34%26.80%48.27%34.61%16.00%18.60%18.35%
Net Income119.05M184.74M63.17M211.26M208.94M204.22M251.66M225.74M614.27M324.87M313.10M197.85M414.98M284.97M178.67M232.47M268.37M
Net Income Margin21.37%23.33%9.49%26.76%26.20%23.53%25.60%19.37%45.09%20.55%21.91%16.48%37.95%21.79%9.19%11.48%12.53%
R&D--00000000-------
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense83.86M168.20M138.94M123.27M92.61M106.65M135.16M188.83M254.19M399.05M529.09M315.85M163.76M317.49M983.78M1.01B805.21M
Interest Expense % of Total Revenue15.05%21.24%20.88%15.62%11.61%12.29%13.75%16.20%18.66%25.24%37.02%26.30%14.97%24.27%50.59%49.94%37.58%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.13B10.87B11.32B12.38B15.05B19.21B23.88B27.88B30.35B32.16B32.87B35.01B35.82B37.03B35.76B35.24B35.04B
Total Liabilities10.04B9.62B9.79B10.57B13.12B17.16B21.64B25.46B27.32B29.24B29.89B3.85B2.63B34.59B33.18B32.43B31.99B
Total Equity1.09B1.25B1.54B1.81B1.93B2.05B2.24B2.42B3.03B2.92B2.98B31.16B33.19B2.44B2.58B2.81B3.05B
Cash356.21M560.21M300.54M491.42M250.64M180.84M267.50M448.31M194.58M382.07M214.67M397.72M314.86M572.65M588.28M491.12M217.78M
Total Debt2.08B2.26B2.24B1.93B2.41B3.32B4.41B5.64B5.17B5.37B5.01B3.95B2.79B6.33B5.82B3.64B1.97B
Net Debt1.72B1.69B1.94B1.43B2.16B3.14B4.14B5.19B4.98B4.99B4.80B3.45B2.31B5.76B5.24B3.15B1.76B

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-353.13M-448.06M-248.59M-351.61M-67.11M-49.75M219.48M308.51M318.63M824.25M635.71M864.17M1.22B1.29B657.50M433.78M358.61M
Investing Cash Flow2.86B965.48M-235.88M201.00M-2.61B-3.81B-4.61B-3.83B-2.45B-2.04B-1.08B-2.62B-1.64B-2.12B980.57M409.71M-214.43M
Financing Cash Flow-2.15B-309.18M223.43M342.22M2.43B3.79B4.47B3.70B1.88B1.40B272.39M1.94B334.87M1.08B-1.62B-940.66M-417.52M
Capital Expenditure4.89M27.54M42.59M71.11M184.09M126.83M187.33M88.56M99.55M190.50M63.79M19.60M44.18M52.24M100.33M00
Free Cash Flow-358.02M-475.60M-291.18M-422.72M-251.19M-176.58M32.15M219.95M219.07M633.75M571.92M844.57M1.18B1.29B657.50M433.78M358.61M
Dividends Paid-20.00M55.80M89.02M65.22M87.72M88.98M89.82M91.63M91.31M84.08M86.52M85.79M79.44M79.09M85.51M91.90M
FCF to OCF101.38%106.15%117.13%120.22%374.32%354.96%14.65%71.29%68.76%76.89%89.97%97.73%96.38%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--4.21%-19.16%-21.06%-25.97%-49.67%276.77%40.84%41.83%14.41%14.70%10.24%7.30%6.14%12.03%19.71%25.63%

Earnings

Report DateMar 2, 2011May 3, 2011Jul 27, 2011Oct 27, 2011Jan 25, 2012Apr 25, 2012Jul 25, 2012Oct 25, 2012Jan 29, 2013Apr 24, 2013Jul 24, 2013Oct 22, 2013Jan 23, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Jan 22, 2015Apr 23, 2015Jul 23, 2015Oct 21, 2015Jan 21, 2016Apr 20, 2016Jul 20, 2016Oct 20, 2016Jan 25, 2017Apr 25, 2017Jul 26, 2017Oct 31, 2017Jan 23, 2018Apr 25, 2018Jul 24, 2018Oct 24, 2018Jan 23, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 23, 2020Apr 29, 2020Jul 29, 2020Oct 28, 2020Jan 21, 2021Apr 22, 2021Jul 22, 2021Oct 21, 2021Jan 20, 2022Apr 21, 2022Jul 21, 2022Oct 20, 2022Jan 19, 2023Apr 25, 2023Jul 25, 2023Oct 19, 2023Jan 26, 2024Apr 17, 2024Jul 18, 2024Oct 22, 2024Jan 22, 2025Apr 28, 2025Jul 23, 2025Oct 22, 2025Jan 21, 2026Apr 22, 2026Jul 22, 2026Oct 21, 2026
EPS Estimate-0.410.440.430.380.450.440.440.490.460.430.460.460.440.450.460.440.440.430.480.480.520.500.530.540.560.560.590.610.720.780.850.580.640.680.720.730.560.210.620.700.730.840.860.870.820.901.041.100.900.780.710.720.600.640.730.730.760.780.880.890.961.021.07
EPS Actual0.300.450.440.450.410.440.480.480.630.490.520.520.550.530.460.510.450.440.430.500.520.510.520.470.590.570.600.620.860.770.820.900.500.650.780.810.910.430.800.700.871.061.090.961.430.870.911.140.840.830.770.620.260.630.710.810.900.770.910.950.940.830.97-
Surprise-9.76%0.00%4.65%7.89%-2.22%9.09%9.09%28.57%6.52%20.93%13.04%19.57%20.45%2.22%10.87%2.27%0.00%0.00%4.17%8.33%-1.92%4.00%-11.32%9.26%1.79%7.14%5.08%40.98%6.94%5.13%5.88%-13.79%1.56%14.71%12.50%24.66%-23.21%280.95%12.90%24.29%45.21%29.76%11.63%64.37%6.10%1.11%9.62%-23.64%-7.78%-1.28%-12.68%-63.89%5.00%10.94%10.96%23.29%1.32%16.67%7.95%5.62%-13.54%-4.90%-
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Key Statistics & Ratios

Market Cap3.11B
Enterprise Value4.97B
Trailing P/E11.99
Forward P/E9.84
PEG Ratio0.27
Price / Sales2.98
Price / Book1.04
EPS3.64
Book Value41.55
Revenue (TTM)1.04B
Gross Profit (TTM)1.04B
Profit Margin26.19%
Operating Margin37.06%
Return on Equity9.19%
Return on Assets0.78%
Shares Outstanding71.23M
Shares Float70.58M
Beta1.17
Dividend Yield3.04%
Dividend Rate1.32
Payout Ratio34.69%

Analyst Ratings

Buy
Based on 11 analystsTarget 50.18
  • Strong Buy
    4
  • Buy
    1
  • Hold
    5
  • Strong Sell
    1

Ownership Breakdown

Institutions
105.15%
Insiders
0.94%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    10.89M15.28%
  • Vanguard Portfolio Management, LLC
    4.93M6.92%
  • Dimensional Fund Advisors, Inc.
    4.69M6.58%
  • State Street Corp
    4.45M6.25%
  • HoldCo Asset Management, L.P.
    3.54M4.96%
  • Vanguard Capital Management, LLC
    3.29M4.62%
  • American Century Companies Inc
    2.75M3.86%
  • Artemis Investment Management LLP
    2.54M3.57%
  • Geode Capital Management, LLC
    2.09M2.93%
  • Cramer Rosenthal McGlynn LLC
    1.57M2.21%
  • JPMorgan Chase & Co
    1.36M1.92%
  • Charles Schwab Investment Management Inc
    1.35M1.89%
  • Ameriprise Financial Inc
    1.27M1.78%
  • T. Rowe Price Investment Management,Inc.
    1.27M1.78%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.42M6.21%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.32M3.25%
  • Avantis US Small Cap Value ETF
    2.00M2.81%
  • Artemis Global Income I Acc
    1.96M2.75%
  • iShares Russell 2000 ETF
    1.76M2.48%
  • Vanguard Small Cap Index
    1.68M2.35%

Dividends

20264×
0.33Oct 9, 20260.33Jul 10, 20260.33Apr 10, 20260.31Jan 9, 2026
20254×
0.31Oct 10, 20250.31Jul 11, 20250.31Apr 11, 20250.29Jan 10, 2025
20244×
0.29Oct 11, 20240.29Jul 12, 20240.29Apr 11, 20240.27Jan 11, 2024
20234×
0.27Oct 12, 20230.27Jul 13, 20230.27Apr 11, 20230.25Jan 12, 2023
20224×
0.25Oct 13, 20220.25Jul 13, 20220.25Apr 13, 20220.23Jan 13, 2022
20214×
0.23Oct 13, 20210.23Jul 14, 20210.23Apr 14, 20210.23Jan 13, 2021