BankUnited (BKU) to Release Quarterly Earnings on Wednesday

BankUnited (NYSE:BKU - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.79 per share and revenue of $267.17 million for the quarter.

BankUnited (NYSE:BKU - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. BankUnited had a net margin of 12.26% and a return on equity of 8.66%. The business had revenue of $255.41 million during the quarter, compared to analyst estimates of $264.35 million. During the same quarter last year, the business posted $0.64 earnings per share. On average, analysts expect BankUnited to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BankUnited Trading Up 0.2%

BKU stock traded up $0.06 during midday trading on Friday, reaching $37.99. The company's stock had a trading volume of 826,869 shares, compared to its average volume of 792,086. BankUnited has a 52 week low of $28.21 and a 52 week high of $44.45. The stock has a market cap of $2.86 billion, a PE ratio of 11.80 and a beta of 1.29. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.83. The business's 50-day simple moving average is $35.51 and its 200-day simple moving average is $35.78.

BankUnited Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, July 11th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.26%. BankUnited's payout ratio is 38.51%.

Analyst Upgrades and Downgrades

BKU has been the subject of several research reports. Barclays increased their price objective on shares of BankUnited from $38.00 to $41.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 8th. Jefferies Financial Group started coverage on shares of BankUnited in a research report on Wednesday, May 21st. They set a "hold" rating and a $39.00 price target on the stock. Hovde Group decreased their price objective on shares of BankUnited from $46.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, March 25th. Citigroup boosted their price objective on shares of BankUnited from $36.00 to $38.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. Finally, Wells Fargo & Company dropped their target price on shares of BankUnited from $50.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $40.58.

Insiders Place Their Bets

In related news, Director John N. Digiacomo sold 1,000 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $34.43, for a total value of $34,430.00. Following the completion of the transaction, the director directly owned 14,516 shares of the company's stock, valued at $499,785.88. This trade represents a 6.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Leslie Lunak sold 22,776 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $33.56, for a total transaction of $764,362.56. Following the sale, the chief financial officer directly owned 59,899 shares in the company, valued at $2,010,210.44. The trade was a 27.55% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.15% of the company's stock.

Hedge Funds Weigh In On BankUnited

Hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio purchased a new stake in BankUnited in the 1st quarter valued at about $28,000. Jane Street Group LLC bought a new position in shares of BankUnited in the first quarter worth $9,100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BankUnited by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,380 shares of the financial services provider's stock valued at $1,528,000 after buying an additional 1,934 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of BankUnited by 15.3% during the first quarter. Royal Bank of Canada now owns 18,092 shares of the financial services provider's stock valued at $623,000 after purchasing an additional 2,394 shares during the last quarter. 99.70% of the stock is currently owned by hedge funds and other institutional investors.

BankUnited Company Profile

BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.