BankUnited Earnings Reports

BankUnited, Inc. delivered an outstanding second quarter in 2025, marked by robust net income growth of 18% quarter-over-quarter to $68.8 million and a diluted EPS of $0.91. The company successfully expanded its net interest margin to 2.93% and improved its funding profile with a 13% increase in non-interest bearing demand deposits. Despite a slight decline in total loans, the company maintained a strong capital position and saw an increase in tangible book value per share.

BankUnited delivered a solid performance in Q1 2025, with growing non-interest bearing deposits, improved funding profile, and robust capital ratios despite a slight decline in net income and loan balances.

BankUnited, Inc. reported a net income of $69.3 million, or $0.91 per diluted share, for the quarter ended December 31, 2024. The net interest margin expanded, and average non-interest bearing demand deposits grew, contributing to improved profitability.

BankUnited reported a positive third quarter with net income of $61.5 million, or $0.81 per diluted share. The net interest margin expanded, and credit quality remained well-managed. The company is optimistic about future growth opportunities and is focusing on strengthening core customer relationships.

BankUnited reported a strong second quarter in 2024, with net income of $53.7 million, or $0.72 per diluted share. The net interest margin expanded, the cost of deposits declined, non-interest bearing deposits grew, and the core commercial loan portfolio segments experienced good growth.

BankUnited reported a good start to 2024 with net income of $48.0 million, or $0.64 per diluted share. The company saw improvements in its funding mix, a stable net interest margin, and strong credit performance. Total deposits grew, and wholesale funding declined, while the company strategically managed its loan portfolio.

BankUnited, Inc. reported a net income of $20.8 million, or $0.27 per diluted share, for the quarter ended December 31, 2023. The results were negatively impacted by $41.8 million of notable items related to the FDIC special assessment and a loss on sale of operating lease equipment.

BankUnited reported a net income of $47.0 million for the quarter ended September 30, 2023, a decrease compared to the previous quarter and the same quarter last year. The results were impacted by an increase in the provision for credit losses due to a less favorable economic forecast.

BankUnited reported a net income of $58.0 million for the quarter ended June 30, 2023. Total deposits grew by $116 million during the quarter, while the company focused on executing its long-term strategy of building a relationship-oriented bank amid receding capital market volatility and a resilient economy.

BankUnited reported a net income of $52.9 million, or $0.70 per diluted share, for the quarter ended March 31, 2023. The bank's liquidity position remained strong with $9.4 billion in available liquidity at the end of the quarter, increasing to $12.3 billion by April 21, 2023. While deposits declined by $1.79 billion during the quarter, deposit flows stabilized towards the end of March.

BankUnited reported a net income of $64.2 million for Q4 2022, with loan and deposit growth, and net interest margin expansion.

BankUnited, Inc. reported net income of $87.9 million, or $1.12 per diluted share, for the quarter ended September 30, 2022. The net interest margin expanded to 2.76%, and loans, excluding PPP loans, grew by $186 million.

BankUnited reported a net income of $65.8 million, or $0.82 per diluted share, for the quarter ended June 30, 2022. The company experienced strong loan growth, particularly in commercial segments, and an expansion of the net interest margin. They also opened new locations in Dallas and Atlanta.

BankUnited reported a net income of $67.2 million for the quarter ended March 31, 2022, or $0.79 per diluted share. The results were impacted by declines in the fair value of investment securities. The company's net interest margin expanded to 2.50%.

BankUnited, Inc. reported a strong Q4 2021 with significant loan and deposit growth, margin expansion, and increased profitability. Net income reached $125.3 million, or $1.41 per diluted share, driven by loan growth of over $1 billion and deposit growth of over $1.3 billion. The net interest margin expanded by 11 basis points, reflecting improved efficiency and strategic initiatives.

BankUnited, Inc. reported a net income of $104.0 million, or $1.11 per diluted share, for the quarter ended June 30, 2021, compared to $76.5 million, or $0.80 per diluted share, for the quarter ended June 30, 2020.

BankUnited reported a net income of $98.8 million, or $1.06 per diluted share, for the quarter ended March 31, 2021, compared to a net loss of $(31.0) million, or $(0.33) per diluted share, for the quarter ended March 31, 2020. Non-interest bearing demand deposits grew by $957 million during the quarter. The net interest margin improved to 2.39%.

BankUnited reported a strong Q4 2020 with net income of $85.7 million, driven by improvements in the economic outlook and strategic initiatives to improve deposit mix and lower funding costs.

BankUnited reported a net income of $66.6 million, or $0.70 per diluted share, for the quarter ended September 30, 2020. The company saw improvements in deposit mix and cost of funds, continued growth in pre-tax, pre-provision net revenue (PPNR), and positive credit signs with declining loans on deferral.

BankUnited reported a net income of $76.5 million, or $0.80 per diluted share, for the quarter ended June 30, 2020. The financial performance was strong despite the challenging environment, with pre-tax, pre-provision net revenue improving significantly.

BankUnited reported a net loss of $(31.0) million, or $(0.33) per diluted share, for the quarter ended March 31, 2020, compared to net income of $66.0 million, or $0.65 per diluted share, for the quarter ended March 31, 2019. The results were negatively impacted by the application of the Current Expected Credit Losses (CECL) accounting methodology and the expected impact of COVID-19 on the provision for credit losses.

BankUnited reported strong Q4 2019 results, with net income increasing to $89.5 million, or $0.91 per diluted share, compared to $52.4 million, or $0.50 per diluted share, for the same quarter in 2018. The company experienced growth in loans and deposits, along with a decrease in non-interest expense, contributing to the improved financial performance.