Bankunited (BKU)
NYSE:BKU
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.02Last Year’s EPS
0.91Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed measured optimism: management reported solid year‑over‑year revenue and PPNR growth, meaningful credit‑quality improvement (notably large reductions in NPLs and criticized/classified balances), robust deposit growth over the past 12 months, and continued execution on buybacks and strategic investments. Headwinds included seasonal sequential weakness, front‑loaded charge‑offs and higher brokered funding costs in the quarter, plus a cautious $8M qualitative provisioning overlay tied to geopolitical risk. Management reiterated full‑year guidance and emphasized that seasonality should drive a rebound in Q2, signaling confidence in the outlook.Company Guidance
Quarterly Earnings Growth Year‑over‑Year
Net income of $62.0M in Q1 2026 vs $58.0M in Q1 2025 (≈ +6.9% YoY); EPS $0.83 vs $0.78 (≈ +6.4% YoY).
NIM and PPNR Expansion
Net interest margin expanded ~18 basis points year‑over‑year to ~2.9% (reported 2.99% earlier); PPNR (pre‑provision pre‑tax income) was $106M vs $95.2M a year ago (~+11.5% YoY).
Strong Deposit Growth (12‑month)
Non‑broker deposits up $1.4B over the last 12 months; NIDDA spot balances up ~$875M YoY and average NIDDA up about $1.5B year‑over‑year. Non‑broker deposits grew $277M in the quarter.
Improved Deposit Mix and Fee Revenue
Average deposit cost declined ~6 basis points sequentially; wholesale funding down $70M QoQ and $749M YoY; service charges on deposits up 18.8% YoY, reflecting better product penetration and transactional velocity.
Material Credit‑quality Improvements
Nonperforming loans declined $98M in the quarter (≈ -26% QoQ); criticized and classified loans down $146M (≈ -12% QoQ) and down $333M (≈ -24% YoY). ACL coverage of NPLs improved from 59% to 76%.
Allowance and Credit Discipline
Allowance for credit losses was $209M (modestly down QoQ), management remains cautious and added qualitative overlays; C&I coverage cited at ~160 bps — indicating strong coverage where charge‑offs have occurred.
CRE Portfolio Health
CRE represents ~30% of loans; weighted average debt service coverage ratio (DSCR) is 1.84 and average LTV ~55.4%. Office sector DSCR improved to ~1.78 (from ~1.54–1.55 prior), and traditional office now ~16% of CRE book.
Capital Actions and Balance‑sheet Management
Repurchased 1.3M shares in the quarter under the buyback program and have just under $200M of authorization remaining; continued focus on CET1 target (~11.5%).
Guidance Reiterated
Management reiterated full‑year guidance (no change), noting seasonality was modeled into the outlook and expressing conviction in meeting targets despite near‑term noise.
Revenue Diversification and Fee Momentum
Noninterest income roughly flat after normalizing for securities gains but service charges, commercial card revenue and capital markets activity show double‑digit growth potential; FX and syndications gathering early momentum.
BKU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BKU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $46.77 | $46.01 | -1.62% |
Dec 31, 2025 | $44.01 | $43.96 | -0.11% |
Oct 22, 2025 | $36.34 | $36.95 | +1.68% |
Jul 23, 2025 | $37.90 | $38.71 | +2.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bankunited (BKU) report earnings?
Bankunited (BKU) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is Bankunited (BKU) earnings time?
Bankunited (BKU) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BKU EPS forecast?
BKU EPS forecast for the fiscal quarter 2026 (Q2) is 1.02.