Zacks Research Boosts Earnings Estimates for BankUnited

Key Points

• Zacks Research has increased its FY2025 earnings per share (EPS) estimate for BankUnited to $3.27, up from $3.26, while the consensus estimate for the current full year stands at $3.13.
• BankUnited reported $0.91 EPS for its latest quarter, exceeding the expected $0.79 EPS, with revenue hitting $273.93 million compared to estimates of $267.17 million.
• The company announced a quarterly dividend of $0.31, representing a yield of 3.2%, and has seen substantial growth in institutional investment, with Wellington Management increasing its stake by 893.2%.

BankUnited, Inc. (NYSE:BKU - Free Report) - Zacks Research increased their FY2025 earnings estimates for shares of BankUnited in a note issued to investors on Friday, September 5th. Zacks Research analyst Team now forecasts that the financial services provider will earn $3.27 per share for the year, up from their prior forecast of $3.26. The consensus estimate for BankUnited's current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited's Q1 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.96 EPS, FY2026 earnings at $3.50 EPS and Q2 2027 earnings at $0.92 EPS.

BankUnited (NYSE:BKU - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.12. The company had revenue of $273.93 million for the quarter, compared to analysts' expectations of $267.17 million. BankUnited had a net margin of 13.19% and a return on equity of 9.00%. During the same quarter in the prior year, the firm earned $0.72 EPS.

A number of other equities analysts have also recently issued reports on BKU. Cantor Fitzgerald initiated coverage on shares of BankUnited in a research report on Wednesday. They set an "overweight" rating and a $44.00 price objective on the stock. Keefe, Bruyette & Woods increased their price objective on shares of BankUnited from $38.00 to $42.00 and gave the stock a "market perform" rating in a research report on Monday, July 28th. Citigroup raised their price target on shares of BankUnited from $36.00 to $38.00 and gave the company a "neutral" rating in a research report on Wednesday, July 2nd. Hovde Group raised their price target on shares of BankUnited from $43.00 to $44.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. Finally, Jefferies Financial Group assumed coverage on shares of BankUnited in a research report on Wednesday, May 21st. They issued a "hold" rating and a $39.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, BankUnited currently has a consensus rating of "Hold" and a consensus target price of $41.75.

BankUnited Stock Up 0.1%

Shares of BKU stock traded up $0.03 on Monday, reaching $39.33. 932,303 shares of the company were exchanged, compared to its average volume of 547,583. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 11.53 and a beta of 1.29. The company has a 50-day moving average of $37.80 and a 200-day moving average of $35.29. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.84 and a quick ratio of 0.84. BankUnited has a one year low of $28.21 and a one year high of $44.45.

Institutional Investors Weigh In On BankUnited

Several large investors have recently modified their holdings of BKU. Northern Trust Corp increased its stake in shares of BankUnited by 17.0% during the 4th quarter. Northern Trust Corp now owns 875,450 shares of the financial services provider's stock worth $33,416,000 after purchasing an additional 127,159 shares during the last quarter. Comerica Bank grew its stake in BankUnited by 13.8% in the 4th quarter. Comerica Bank now owns 32,052 shares of the financial services provider's stock valued at $1,223,000 after buying an additional 3,878 shares in the last quarter. Bank of America Corp DE grew its stake in BankUnited by 32.0% in the 4th quarter. Bank of America Corp DE now owns 562,417 shares of the financial services provider's stock valued at $21,467,000 after buying an additional 136,343 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in BankUnited in the 4th quarter valued at approximately $1,032,000. Finally, Deutsche Bank AG grew its stake in BankUnited by 36.8% in the 4th quarter. Deutsche Bank AG now owns 79,257 shares of the financial services provider's stock valued at $3,025,000 after buying an additional 21,321 shares in the last quarter. Hedge funds and other institutional investors own 99.70% of the company's stock.

Insider Activity at BankUnited

In other BankUnited news, insider Jay D. Richards sold 3,942 shares of BankUnited stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $38.81, for a total transaction of $152,989.02. Following the transaction, the insider owned 39,193 shares of the company's stock, valued at $1,521,080.33. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Douglas J. Pauls sold 3,500 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $38.79, for a total transaction of $135,765.00. Following the sale, the director owned 43,205 shares of the company's stock, valued at approximately $1,675,921.95. The trade was a 7.49% decrease in their position. The disclosure for this sale can be found here. 1.15% of the stock is owned by company insiders.

BankUnited Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Friday, July 11th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.24 annualized dividend and a dividend yield of 3.2%. BankUnited's dividend payout ratio (DPR) is currently 36.36%.

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.