Zacks Research Increases 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) - Equities research analysts at Zacks Research increased their FY2025 EPS estimates for BankUnited in a research report issued on Friday, September 5th. Zacks Research analyst Team now expects that the financial services provider will earn $3.27 per share for the year, up from their prior estimate 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 posted its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.12. BankUnited had a return on equity of 9.00% and a net margin of 13.19%.The firm had revenue of $273.93 million for the quarter, compared to the consensus estimate of $267.17 million. During the same quarter in the prior year, the business earned $0.72 EPS.

Other equities analysts have also issued reports about the stock. Keefe, Bruyette & Woods increased their price objective on shares of BankUnited from $38.00 to $42.00 and gave the company a "market perform" rating in a report on Monday, July 28th. Hovde Group increased their price objective on shares of BankUnited from $43.00 to $44.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. Jefferies Financial Group assumed coverage on shares of BankUnited in a report on Wednesday, May 21st. They issued a "hold" rating and a $39.00 price objective on the stock. Wall Street Zen upgraded shares of BankUnited from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Piper Sandler restated a "neutral" rating and issued a $43.00 price objective (up from $41.00) on shares of BankUnited in a report on Thursday, July 24th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $41.55.

BankUnited Trading Down 1.2%

Shares of NYSE BKU opened at $38.95 on Monday. The company's 50 day simple moving average is $37.64 and its 200 day simple moving average is $35.22. BankUnited has a fifty-two week low of $28.21 and a fifty-two week high of $44.45. The firm has a market capitalization of $2.93 billion, a P/E ratio of 11.42 and a beta of 1.29. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were given a $0.31 dividend. The ex-dividend date was Friday, July 11th. This represents a $1.24 annualized dividend and a dividend yield of 3.2%. BankUnited's payout ratio is currently 36.36%.

Insider Buying and Selling

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 value of $152,989.02. Following the transaction, the insider owned 39,193 shares of the company's stock, valued at approximately $1,521,080.33. The trade was a 9.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Douglas J. Pauls sold 3,500 shares of the stock in a transaction 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 directly owned 43,205 shares of the company's stock, valued at $1,675,921.95. This represents a 7.49% decrease in their position. The disclosure for this sale can be found here. 1.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BankUnited

A number of hedge funds and other institutional investors have recently made changes to their positions in BKU. Wellington Management Group LLP grew its holdings in shares of BankUnited by 893.2% in the 1st quarter. Wellington Management Group LLP now owns 1,150,879 shares of the financial services provider's stock valued at $39,636,000 after acquiring an additional 1,035,002 shares in the last quarter. Boston Partners bought a new position in shares of BankUnited in the 1st quarter valued at about $26,299,000. Kodai Capital Management LP bought a new position in shares of BankUnited in the 1st quarter valued at about $16,986,000. Nuveen LLC bought a new position in shares of BankUnited in the 1st quarter valued at about $16,338,000. Finally, Cramer Rosenthal Mcglynn LLC grew its position in shares of BankUnited by 64.9% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 806,468 shares of the financial services provider's stock valued at $27,775,000 after acquiring an additional 317,532 shares during the period. 99.70% of the stock is currently owned by institutional investors and hedge funds.

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.

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