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Jun 30, 2020
BankUnited Q2 2020 Earnings Report
Reported strong financial performance amidst a challenging environment, delivering for customers, employees, and shareholders.
Key Takeaways
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.
Net income was $76.5 million, or $0.80 per diluted share.
Pre-tax, pre-provision net revenue improved by $37.3 million, or 44%, to $122.3 million.
Net interest margin increased to 2.39%.
Non-interest bearing demand deposits grew by $1.3 billion, or 28%.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company’s current views with respect to, among other things, future events and financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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