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BankUnited reports Q1 EPS 83c, consensus 96c

Reports Q1 net Charge-offs for the trailing twelve months 0.37% for Q1, from 0.30% from the prior quarter; and Tangible Book Value per Share $40.055, up 7% from last year. Chairman, President and CEO, Rajinder Singh commented, “Despite a seasonally slow quarter, we continue to gather market share and position the Company for improved profitability and growth.”

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