Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Bankunited (BKU)
NYSE:BKU
Holding BKU?
Track your performance easily
BKU Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.84 - $39.51
Previous Close$36.92
Volume419.06K
Average Volume (3M)761.73K
Market Cap
$2.82B
Enterprise Value$6.75B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.99B
Price to Earnings (P/E)16.4
Beta1.33
Next Earnings
Oct 17, 2024EPS Estimate
$0.75Last Dividend Ex-Date
Jul 12, 2024Dividend Yield3.03%
Share Statistics
EPS (TTM)2.25
Shares Outstanding74,753,896
10 Day Avg. Volume685,416
30 Day Avg. Volume761,734
Standard Deviation0.13
R-Squared0.27
Alpha-0.00149
Financial Highlights & Ratios
Price to Book (P/B)1.02
Price to Sales (P/S)3.13
Price to Cash Flow (P/CF)5.10
P/FCF Ratio2.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.99
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$37.00Price Target Upside-1.78% Downside
Rating ConsensusHold
Number of Analyst Covering8
BankUnited News
Bulls Say, Bears Say
Bulls Say
Deposit GrowthSignificant growth in DDA and commercial loans pushed NIM up 15bps to 2.72%.
Financial PerformanceBKU has now put up a string of strong quarters, resulting in another round of positive EPS revisions.
Loan GrowthBankUnited reported a solid quarter highlighted by strong NIB deposit growth, better than expected net interest income growth, and solid core loan growth.
Bears Say
Credit QualityCredit quality was modestly weaker as NCOs increased $13 million to $14 million and represented 23 bp of loans compared to 2 bp in 1Q, and NPAs increased $58 million to $174 million.
Loan GrowthLimited near-term loan growth is expected.
ProfitabilityBKU remains among the least profitable banks in the sector, with a ROTCE of 8%.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
BKU FAQ
What was Bankunited’s price range in the past 12 months?
Bankunited lowest stock price was $20.84 and its highest was $39.51 in the past 12 months.
What is Bankunited’s market cap?
Currently, no data Available
When is Bankunited’s upcoming earnings report date?
Bankunited’s upcoming earnings report date is Oct 17, 2024 which is in 27 days.
How were Bankunited’s earnings last quarter?
Bankunited released its earnings results on Jul 18, 2024. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.647 by $0.073.
Is Bankunited overvalued?
According to Wall Street analysts Bankunited’s price is currently Overvalued.
Does Bankunited pay dividends?
Bankunited pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 3.03%. See more information on Bankunited dividends here
What is Bankunited’s EPS estimate?
Bankunited’s EPS estimate is $0.75.
How many shares outstanding does Bankunited have?
Bankunited has 74,753,900 shares outstanding.
What happened to Bankunited’s price movement after its last earnings report?
Bankunited reported an EPS of $0.72 in its last earnings report, beating expectations of $0.647. Following the earnings report the stock price went up 4.472%.
Which hedge fund is a major shareholder of Bankunited?
Among the largest hedge funds holding Bankunited’s share is Royce & Associates LLC. It holds Bankunited’s shares valued at 39M.
---
BankUnited Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$37.00 (-1.78% Downside)
$37.00 (-1.78% Downside)
Blogger Sentiment
Bullish
BKU Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 315.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $802.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.61%
12-Months-Change
Fundamentals
Return on Equity
7.83%
Trailing 12-Months
Asset Growth
-1.24%
Trailing 12-Months
Company Description
Bankunited
BankUnited, Inc. is a holding company, which engages in the provision of banking and related services to individual and corporate customers. It also offers commercial lending and deposit products through national platforms. The company was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.
---
BKU Company Deck
---
BKU Earnings Call
Q2 2024
0:00 / 0:00
---
BKU Stock 12 Month Forecast
Average Price Target
$37.00
▼(-1.78% Downside)
Technical Analysis
Best Analysts Covering BKU
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+17.65%
reiterated a buy rating 4 months ago
Copying Dave Rochester's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +17.65% per trade.
---