BankUnited (BKU) Financials

$39.20 -0.01 (-0.03%)

Closing price 08/28/2025 03:59 PM Eastern

Extended Trading

$39.13 -0.07 (-0.17%)

As of 04:00 AM Eastern

Annual Income Statements for BankUnited

This table shows BankUnited's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	252	226	614	325	313	198	415	285	179	232
Consolidated Net Income / (Loss)	252	226	614	325	313	198	415	285	179	232
Net Income / (Loss) Continuing Operations	252	226	614	325	313	198	415	285	179	232
Total Pre-Tax Income	297	335	404	416	404	249	449	375	237	316
Total Revenue	848	977	1,108	1,182	900	885	930	991	961	1,013
Net Interest Income / (Expense)	746	870	950	1,050	753	752	796	913	874	914
Total Interest Income	881	1,059	1,204	1,449	1,282	1,068	959	1,230	1,858	1,925
Loans and Leases Interest Income	754	896	1,002	1,198	981	864	801	935	1,318	1,390
Investment Securities Interest Income	117	151	188	233	281	194	153	280	488	498
Other Interest Income	10	12	14	18	20	9.58	6.01	16	51	38
Total Interest Expense	135	189	254	399	529	316	164	317	984	1,011
Deposits Interest Expense	91	120	171	285	385	200	68	180	660	816
Long-Term Debt Interest Expense	44	69	83	114	144	116	96	138	323	195
Total Non-Interest Income	102	106	158	132	147	133	134	78	87	99
Service Charges on Deposit Accounts	-	-	13	14	17	16	22	23	21	20
Other Service Charges	33	33	25	37	31	27	28	17	30	46
Net Realized & Unrealized Capital Gains on Investments	34	28	66	19	33	31	31	-16	-10	2.13
Other Non-Interest Income	36	45	54	62	67	59	53	54	46	31
Provision for Credit Losses	44	51	69	26	8.90	178	-67	75	88	55
Total Non-Interest Expense	507	590	635	741	487	457	548	540	636	642
Salaries and Employee Benefits	210	223	238	255	235	217	244	266	281	316
Net Occupancy & Equipment Expense	90	90	89	91	104	106	115	123	123	129
Property & Liability Insurance Claims	14	18	22	19	17	22	19	18	67	36
Other Operating Expenses	65	68	74	74	83	62	116	84	121	136
Depreciation Expense	18	32	35	40	48	49	54	50	44	26
Income Tax Expense	45	110	-210	91	91	52	34	90	58	84
Basic Earnings per Share	$2.37	$2.11	$5.60	$3.01	$3.14	$2.06	$4.52	$3.55	$2.39	$3.10
Weighted Average Basic Shares Outstanding	102.06M	102.94M	105.47M	103.74M	93.72M	92.86M	84.67M	74.74M	74.37M	74.75M
Diluted Earnings per Share	$2.35	$2.09	$5.58	$2.99	$3.13	$2.06	$4.52	$3.54	$2.38	$3.08
Weighted Average Diluted Shares Outstanding	102.06M	102.94M	105.47M	103.74M	93.72M	92.86M	84.67M	74.74M	74.37M	74.75M
Weighted Average Basic & Diluted Shares Outstanding	102.06M	102.94M	105.47M	103.74M	93.72M	92.86M	84.67M	74.74M	74.37M	74.75M
Cash Dividends to Common per Share	$0.84	$0.84	$0.84	$0.84	$0.84	$0.92	$0.92	$1.00	$1.08	$1.16

This table shows BankUnited's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	88	64	53	58	47	21	48	54	61	69	58
Consolidated Net Income / (Loss)	88	64	53	58	47	21	48	54	61	69	58
Net Income / (Loss) Continuing Operations	88	64	53	58	47	21	48	54	61	69	58
Total Pre-Tax Income	117	82	72	79	62	24	67	73	83	93	80
Total Revenue	259	270	244	239	243	234	242	250	257	264	255
Net Interest Income / (Expense)	236	243	228	214	215	217	215	226	234	239	233
Total Interest Income	326	401	440	463	471	483	481	483	492	468	444
Loans and Leases Interest Income	245	289	309	326	337	346	347	351	355	337	321
Investment Securities Interest Income	77	105	119	121	123	126	124	124	128	122	114
Other Interest Income	4.03	7.35	13	17	11	11	10	8.99	9.23	9.30	8.44
Total Interest Expense	90	158	213	250	256	266	267	257	258	229	211
Deposits Interest Expense	53	94	134	157	177	193	210	208	209	189	174
Long-Term Debt Interest Expense	37	64	79	93	79	73	57	49	50	40	36
Total Non-Interest Income	23	27	17	25	28	17	27	24	23	25	22
Service Charges on Deposit Accounts	6.06	4.59	5.55	5.18	5.19	4.99	5.50	4.91	5.02	4.80	5.24
Other Service Charges	3.69	7.75	10	6.79	5.12	7.76	9.16	13	11	12	13
Other Non-Interest Income	13	14	13	13	17	3.72	11	5.64	6.37	7.16	4.31
Provision for Credit Losses	3.72	40	20	16	33	19	15	20	9.25	11	15
Total Non-Interest Expense	138	148	153	145	147	191	159	158	165	160	160
Salaries and Employee Benefits	66	70	71	67	69	73	76	76	82	82	83
Net Occupancy & Equipment Expense	32	33	33	31	30	29	31	32	33	33	34
Property & Liability Insurance Claims	4.40	6.21	7.91	7.60	7.79	43	14	8.53	7.42	6.66	7.23
Other Operating Expenses	23	27	30	27	29	34	30	34	37	34	32
Depreciation Expense	13	13	12	11	11	10	9.21	7.90	4.67	4.35	4.01
Income Tax Expense	29	18	19	21	15	3.37	19	19	22	24	22
Basic Earnings per Share	$1.13	$0.81	$0.71	$0.78	$0.63	$0.27	$0.64	$0.72	$0.82	$0.92	$0.78
Weighted Average Basic Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Diluted Earnings per Share	$1.12	$0.81	$0.70	$0.78	$0.63	$0.27	$0.64	$0.72	$0.81	$0.91	$0.78
Weighted Average Diluted Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Weighted Average Basic & Diluted Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Cash Dividends to Common per Share	$0.25	-	$0.27	$0.27	$0.27	-	$0.29	$0.29	$0.29	-	$0.31

This table details how cash moves in and out of BankUnited's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	80	181	-254	187	-167	183	-83	258	16	-97
Net Cash From Operating Activities	219	309	319	824	636	864	1,220	1,294	657	434
Net Cash From Continuing Operating Activities	219	309	319	824	636	864	1,263	1,294	657	434
Net Income / (Loss) Continuing Operations	252	226	614	325	313	198	415	285	179	232
Consolidated Net Income / (Loss)	252	226	614	325	313	198	415	285	179	232
Provision For Loan Losses	44	51	69	26	8.90	178	-67	75	88	55
Depreciation Expense	43	56	62	64	72	44	100	70	61	44
Non-Cash Adjustments to Reconcile Net Income	47	35	30	185	340	546	783	644	226	81
Changes in Operating Assets and Liabilities, net	-2.39	55	-361	311	-61	-103	32	220	104	21
Net Cash From Investing Activities	-4,609	-3,826	-2,453	-2,042	-1,075	-2,621	-1,638	-2,120	981	410
Net Cash From Continuing Investing Activities	-4,609	-3,826	-2,453	-2,042	-1,075	-2,621	-1,638	-2,120	981	410
Purchase of Investment Securities	-6,176	-5,953	-5,369	-5,759	-6,526	-7,538	-10,796	-5,105	-995	-2,586
Sale and/or Maturity of Investments	1,973	2,215	3,011	3,451	5,037	3,098	5,301	2,984	1,976	2,996
Net Cash From Financing Activities	4,469	3,699	1,880	1,405	272	1,940	335	1,084	-1,622	-941
Net Cash From Continuing Financing Activities	4,469	3,699	1,880	1,405	272	1,940	335	1,084	-1,622	-941
Net Change in Deposits	3,427	2,552	2,388	1,596	920	3,101	1,942	-1,929	-971	1,327
Issuance of Debt	3,572	4,025	4,916	4,647	4,512	4,151	946	4,650	3,425	875
Repayment of Debt	-2,480	-2,795	-5,385	-4,622	-4,827	-5,217	-2,162	-1,135	-3,730	-3,060
Repurchase of Common Equity	-	0.00	0.00	-300	-154	-101	-318	-401	-55	0.00
Payment of Dividends	-89	-90	-92	-91	-84	-87	-86	-79	-79	-86
Other Financing Activities, Net	40	5.97	53	175	-95	92	13	-21	-212	2.63
Cash Interest Paid	131	187	248	388	519	337	169	294	950	1,032
Cash Income Taxes Paid	29	16	69	-288	0.23	8.64	248	-109	49	102

This table details how cash moves in and out of BankUnited's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	212	-153	331	-603	91	196	-167	12	456	-399	-47
Net Cash From Operating Activities	262	-23	141	282	170	64	66	136	46	186	16
Net Cash From Continuing Operating Activities	262	-23	141	282	170	64	66	136	46	186	16
Net Income / (Loss) Continuing Operations	88	64	53	58	47	21	48	54	61	69	58
Consolidated Net Income / (Loss)	88	64	53	58	47	21	48	54	61	69	58
Provision For Loan Losses	3.72	40	20	16	33	19	15	20	9.25	11	15
Depreciation Expense	18	17	17	16	16	12	14	8.03	13	10	8.94
Non-Cash Adjustments to Reconcile Net Income	163	11	131	89	43	-37	37	23	18	3.40	33
Changes in Operating Assets and Liabilities, net	-12	-156	-80	104	31	49	-47	31	-56	92	-99
Net Cash From Investing Activities	-218	-475	96	594	459	-169	487	-226	19	129	272
Net Cash From Continuing Investing Activities	-218	-475	96	594	459	-169	487	-226	19	129	272
Purchase of Investment Securities	-955	-19	-534	-218	-289	45	-450	-420	-1,227	-489	-970
Sale and/or Maturity of Investments	652	417	556	522	475	422	497	620	915	965	878
Other Investing Activities, net	86	-	73	290	273	-	441	-426	332	-	364
Net Cash From Financing Activities	168	345	94	-1,479	-538	301	-721	103	391	-714	-336
Net Cash From Continuing Financing Activities	168	345	94	-1,479	-538	301	-721	103	391	-714	-336
Net Change in Deposits	-1,112	160	-1,786	116	274	426	489	736	93	9.48	192
Issuance of Debt	1,565	575	2,455	-440	365	1,045	285	200	105	285	80
Repayment of Debt	-275	-450	-325	-1,135	-1,175	-1,095	-1,495	-820	190	-935	-605
Payment of Dividends	-19	-19	-19	-20	-20	-20	-21	-22	-22	-22	-22
Other Financing Activities, Net	20	144	-175	-0.35	18	-55	21	8.31	25	-51	19
Cash Interest Paid	73	156	185	234	258	274	261	273	260	238	205
Cash Income Taxes Paid	5.10	8.08	8.95	-0.12	13	27	37	9.92	25	30	29

This table presents BankUnited's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	23,883	27,880	30,347	32,164	32,871	35,010	35,815	37,027	35,762	35,242
Cash and Due from Banks	224	40	35	9.39	7.70	20	19	16	15	12
Interest Bearing Deposits at Other Banks	44	408	159	373	207	377	296	557	573	479
Trading Account Securities	4,917	6,125	6,725	8,167	7,807	9,201	10,064	9,755	8,877	9,130
Loans and Leases, Net of Allowance	16,511	19,242	21,272	21,867	23,046	23,609	23,639	24,738	24,431	24,075
Loans and Leases	16,637	19,395	21,417	21,977	23,155	23,866	23,765	24,886	24,634	24,298
Allowance for Loan and Lease Losses	126	153	145	110	109	257	126	148	203	223
Premises and Equipment, Net	484	540	600	702	698	664	641	540	372	224
Intangible Assets	78	78	78	78	78	78	78	78	78	78
Other Assets	1,626	1,447	1,478	931	1,027	1,062	1,079	1,343	1,415	1,244
Total Liabilities & Shareholders' Equity	23,883	27,880	30,347	32,164	32,871	35,010	35,815	37,027	35,762	35,242
Total Liabilities	21,640	25,462	27,321	29,240	29,891	32,027	32,778	34,591	33,184	32,427
Non-Interest Bearing Deposits	2,875	2,961	3,071	3,621	4,295	7,009	8,976	8,038	6,835	7,616
Interest Bearing Deposits	14,064	16,530	18,807	19,853	20,100	20,487	20,462	19,471	19,703	20,250
Long-Term Debt	4,411	5,642	5,174	5,199	4,910	3,845	2,626	6,141	5,824	3,639
Other Long-Term Liabilities	290	329	269	393	486	506	514	750	821	923
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,244	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814
Total Preferred & Common Equity	2,244	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814
Total Common Equity	2,244	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814
Common Stock	1,408	1,428	1,499	1,221	1,085	1,018	708	322	284	302
Retained Earnings	814	950	1,472	1,698	1,928	2,014	2,345	2,551	2,651	2,796
Accumulated Other Comprehensive Income / (Loss)	22	41	55	4.87	-32	-49	-16	-438	-357	-285

This table presents BankUnited's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	36,595	37,189	35,871	35,390	35,106	35,428	35,785	34,832
Cash and Due from Banks	18	16	18	12	14	13	15	13
Interest Bearing Deposits at Other Banks	708	888	283	379	407	421	875	431
Trading Account Securities	9,797	9,534	9,144	8,886	8,925	8,946	9,120	9,100
Loans and Leases, Net of Allowance	24,136	24,734	24,463	24,160	24,009	24,403	24,170	23,770
Loans and Leases	24,267	24,893	24,630	24,356	24,226	24,628	24,399	23,990
Allowance for Loan and Lease Losses	131	159	167	196	218	226	228	220
Premises and Equipment, Net	580	526	515	460	329	267	242	219
Intangible Assets	78	78	78	78	78	78	78	78
Other Assets	1,278	1,414	1,371	1,413	1,344	1,301	1,285	1,222
Total Liabilities & Shareholders' Equity	36,595	37,189	35,871	35,390	35,106	35,428	35,785	34,832
Total Liabilities	34,114	34,708	33,345	32,866	32,465	32,729	32,977	31,934
Non-Interest Bearing Deposits	8,794	7,367	7,305	7,357	7,240	8,065	7,635	8,069
Interest Bearing Deposits	18,555	18,356	18,534	18,756	19,788	19,698	20,221	19,989
Long-Term Debt	6,016	8,271	6,690	5,880	4,614	3,994	4,289	3,114
Other Long-Term Liabilities	749	714	816	873	824	971	832	762
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,481	2,481	2,526	2,524	2,640	2,699	2,808	2,898
Total Preferred & Common Equity	2,481	2,481	2,526	2,524	2,640	2,699	2,808	2,898
Total Common Equity	2,481	2,481	2,526	2,524	2,640	2,699	2,808	2,898
Common Stock	382	270	275	280	287	291	297	302
Retained Earnings	2,507	2,586	2,624	2,651	2,677	2,710	2,749	2,832
Accumulated Other Comprehensive Income / (Loss)	-408	-375	-373	-407	-324	-302	-238	-236

This table displays calculated financial ratios and metrics derived from BankUnited's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.38%	15.21%	13.45%	6.67%	-23.87%	-1.67%	5.07%	6.53%	-3.02%	5.49%
EBITDA Growth	165.04%	57.99%	33.45%	6.07%	11.63%	-33.13%	87.01%	-19.00%	-33.04%	21.11%
EBIT Growth	1.24%	12.98%	20.57%	2.77%	-2.80%	-38.28%	80.22%	-16.52%	-36.80%	33.43%
NOPAT Growth	23.23%	-10.30%	172.11%	-47.11%	-3.62%	-36.81%	109.74%	-31.33%	-37.30%	30.11%
Net Income Growth	23.23%	-10.30%	172.11%	-47.11%	-3.62%	-36.81%	109.74%	-31.33%	-37.30%	30.11%
EPS Growth	20.51%	-11.06%	166.99%	-46.42%	4.68%	-34.19%	119.42%	-21.68%	-32.77%	29.41%
Operating Cash Flow Growth	541.20%	40.56%	3.28%	158.69%	-22.87%	35.94%	41.20%	6.04%	-49.18%	-34.03%
Free Cash Flow Firm Growth	-25.28%	-14.32%	140.25%	-15.33%	35.53%	131.16%	25.35%	-266.39%	113.46%	516.80%
Invested Capital Growth	23.90%	21.12%	1.73%	-0.94%	-2.86%	-13.46%	-17.05%	51.42%	-2.04%	-23.20%
Revenue Q/Q Growth	5.17%	2.58%	2.65%	3.78%	-10.48%	0.63%	2.54%	1.88%	-3.57%	3.07%
EBITDA Q/Q Growth	30.28%	11.73%	7.32%	-4.56%	5.95%	-0.04%	5.08%	-5.17%	-17.52%	22.87%
EBIT Q/Q Growth	8.79%	2.00%	7.10%	-10.70%	9.61%	0.99%	-8.81%	5.12%	-19.55%	27.80%
NOPAT Q/Q Growth	3.89%	3.21%	136.47%	-52.94%	13.42%	-1.85%	10.53%	-17.64%	-19.54%	26.36%
Net Income Q/Q Growth	3.89%	3.21%	136.47%	-52.94%	13.42%	-1.85%	10.53%	-17.64%	-19.54%	26.36%
EPS Q/Q Growth	3.52%	2.96%	134.45%	-52.39%	14.65%	-0.48%	13.00%	-14.49%	-18.49%	26.23%
Operating Cash Flow Q/Q Growth	35.49%	7.64%	2.00%	67.74%	-23.65%	0.67%	3.21%	-18.33%	15.27%	39.02%
Free Cash Flow Firm Q/Q Growth	27.74%	19.84%	32.87%	145.37%	19.54%	70.39%	-13.80%	-38.17%	12.34%	46.24%
Invested Capital Q/Q Growth	5.56%	0.82%	3.83%	-3.57%	-4.28%	-11.39%	-9.36%	0.94%	-0.03%	-9.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	20.75%	28.45%	33.47%	33.28%	48.79%	33.18%	59.05%	44.90%	31.00%	35.59%
EBIT Margin	35.02%	34.34%	36.50%	35.16%	44.89%	28.18%	48.33%	37.87%	24.68%	31.22%
Profit (Net Income) Margin	29.68%	23.11%	55.43%	27.48%	34.79%	22.36%	44.63%	28.77%	18.60%	22.94%
Tax Burden Percent	84.76%	67.30%	151.87%	78.16%	77.50%	79.34%	92.34%	75.97%	75.36%	73.48%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	15.24%	32.70%	-51.87%	21.84%	22.50%	20.66%	7.66%	24.03%	24.64%	26.52%
Return on Invested Capital (ROIC)	4.19%	3.07%	7.56%	3.98%	3.91%	2.69%	6.64%	4.00%	2.10%	3.13%
ROIC Less NNEP Spread (ROIC-NNEP)	4.19%	3.07%	7.56%	3.98%	3.91%	2.69%	6.64%	4.00%	2.10%	3.13%
Return on Net Nonoperating Assets (RNNOA)	7.53%	6.62%	15.01%	6.94%	6.69%	3.95%	7.14%	6.41%	5.02%	5.49%
Return on Equity (ROE)	11.71%	9.68%	22.56%	10.92%	10.61%	6.64%	13.79%	10.41%	7.13%	8.62%
Cash Return on Invested Capital (CROIC)	-17.17%	-16.04%	5.84%	4.93%	6.81%	17.12%	25.28%	-36.90%	4.17%	29.37%
Operating Return on Assets (OROA)	1.38%	1.30%	1.39%	1.33%	1.24%	0.73%	1.27%	1.03%	0.65%	0.89%
Return on Assets (ROA)	1.17%	0.87%	2.11%	1.04%	0.96%	0.58%	1.17%	0.78%	0.49%	0.65%
Return on Common Equity (ROCE)	11.71%	9.68%	22.56%	10.92%	10.61%	6.64%	13.79%	10.41%	7.13%	8.62%
Return on Equity Simple (ROE_SIMPLE)	11.22%	9.33%	20.30%	11.11%	10.50%	6.63%	13.66%	11.70%	6.93%	8.26%
Net Operating Profit after Tax (NOPAT)	252	226	614	325	313	198	415	285	179	232
NOPAT Margin	29.68%	23.11%	55.43%	27.48%	34.79%	22.36%	44.63%	28.77%	18.60%	22.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	35.35%	32.08%	29.52%	29.27%	37.67%	36.55%	38.61%	39.17%	42.06%	43.83%
Operating Expenses to Revenue	59.76%	60.45%	57.30%	62.65%	54.12%	51.66%	58.89%	54.54%	66.20%	63.35%
Earnings before Interest and Taxes (EBIT)	297	335	404	416	404	249	449	375	237	316
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	176	278	371	393	439	294	549	445	298	361
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.29	1.29	1.17	0.88	0.99	0.96	1.13	0.99	0.89	1.01
Price to Tangible Book Value (P/TBV)	1.33	1.33	1.20	0.90	1.02	0.98	1.15	1.02	0.92	1.03
Price to Revenue (P/Rev)	3.41	3.19	3.19	2.17	3.29	3.22	3.68	2.43	2.40	2.79
Price to Earnings (P/E)	11.47	13.81	5.76	7.90	9.45	14.41	8.24	8.43	12.91	12.18
Dividend Yield	3.01%	2.81%	2.54%	3.37%	2.69%	2.92%	2.40%	3.15%	3.42%	3.01%
Earnings Yield	8.72%	7.24%	17.36%	12.66%	10.58%	6.94%	12.14%	11.86%	7.75%	8.21%
Enterprise Value to Invested Capital (EV/IC)	1.06	1.03	1.04	0.91	0.97	0.92	1.01	0.93	0.90	0.93
Enterprise Value to Revenue (EV/Rev)	8.29	8.51	7.69	6.24	8.51	7.12	6.16	8.05	7.85	5.90
Enterprise Value to EBITDA (EV/EBITDA)	39.97	29.90	22.97	18.77	17.43	21.45	10.44	17.92	25.32	16.58
Enterprise Value to EBIT (EV/EBIT)	23.68	24.78	21.06	17.76	18.95	25.26	12.75	21.25	31.81	18.90
Enterprise Value to NOPAT (EV/NOPAT)	27.94	36.82	13.87	22.72	24.45	31.83	13.81	27.97	42.21	25.72
Enterprise Value to Operating Cash Flow (EV/OCF)	32.04	26.94	26.73	8.96	12.04	7.29	4.70	6.16	11.47	13.78
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	17.93	18.36	14.04	5.00	3.63	0.00	21.32	2.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.97	2.33	1.71	1.78	1.65	1.29	0.86	2.52	2.26	1.29
Long-Term Debt to Equity	1.97	2.33	1.71	1.78	1.65	1.29	0.86	2.52	2.26	1.29
Financial Leverage	1.80	2.16	1.99	1.74	1.71	1.47	1.07	1.60	2.39	1.75
Leverage Ratio	10.03	11.10	10.69	10.51	11.01	11.38	11.76	13.31	14.52	13.17
Compound Leverage Factor	10.03	11.10	10.69	10.51	11.01	11.38	11.76	13.31	14.52	13.17
Debt to Total Capital	66.28%	70.00%	63.10%	64.00%	62.22%	56.32%	46.37%	71.60%	69.32%	56.39%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	66.28%	70.00%	63.10%	64.00%	62.22%	56.32%	46.37%	71.60%	69.32%	56.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.72%	30.00%	36.90%	36.00%	37.78%	43.68%	53.63%	28.40%	30.68%	43.61%
Debt to EBITDA	25.08	20.30	13.95	13.22	11.18	13.10	4.78	13.81	19.55	10.09
Net Debt to EBITDA	23.56	18.69	13.43	12.24	10.69	11.74	4.21	12.52	17.58	8.73
Long-Term Debt to EBITDA	25.08	20.30	13.95	13.22	11.18	13.10	4.78	13.81	19.55	10.09
Debt to NOPAT	17.53	24.99	8.42	16.00	15.68	19.44	6.33	21.55	32.60	15.65
Net Debt to NOPAT	16.46	23.01	8.11	14.83	15.00	17.43	5.57	19.54	29.30	13.54
Long-Term Debt to NOPAT	17.53	24.99	8.42	16.00	15.68	19.44	6.33	21.55	32.60	15.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,032	-1,180	475	402	545	1,260	1,579	-2,628	354	2,181
Operating Cash Flow to CapEx	117.16%	350.68%	336.80%	595.70%	996.62%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-7.64	-6.25	1.87	1.01	1.03	3.99	9.64	-8.28	0.36	2.16
Operating Cash Flow to Interest Expense	1.62	1.63	1.25	2.07	1.20	2.74	7.45	4.08	0.67	0.43
Operating Cash Flow Less CapEx to Interest Expense	0.24	1.17	0.88	1.72	1.08	2.74	7.45	4.08	0.67	0.43
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	2.12	1.91	1.95	1.82	1.29	1.30	1.43	1.68	2.11	3.40
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,655	8,061	8,200	8,123	7,891	6,829	5,664	8,577	8,402	6,453
Invested Capital Turnover	0.14	0.13	0.14	0.14	0.11	0.12	0.15	0.14	0.11	0.14
Increase / (Decrease) in Invested Capital	1,284	1,406	139	-77	-232	-1,062	-1,164	2,913	-175	-1,949
Enterprise Value (EV)	7,031	8,311	8,517	7,382	7,655	6,298	5,730	7,971	7,542	5,979
Market Capitalization	2,888	3,117	3,538	2,565	2,960	2,850	3,418	2,403	2,306	2,832
Book Value per Share	$21.68	$23.22	$28.33	$28.37	$31.39	$32.29	$34.10	$31.53	$34.66	$37.65
Tangible Book Value per Share	$20.92	$22.47	$27.60	$27.61	$30.58	$31.45	$33.23	$30.52	$33.61	$36.61
Total Capital	6,655	8,061	8,200	8,123	7,891	6,829	5,664	8,577	8,402	6,453
Total Debt	4,411	5,642	5,174	5,199	4,910	3,845	2,626	6,141	5,824	3,639
Total Long-Term Debt	4,411	5,642	5,174	5,199	4,910	3,845	2,626	6,141	5,824	3,639
Net Debt	4,144	5,194	4,979	4,817	4,695	3,448	2,312	5,568	5,236	3,147
Capital Expenditures (CapEx)	187	88	95	138	64	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	4,411	5,642	5,174	5,199	4,910	3,845	2,626	6,141	5,824	3,639
Total Depreciation and Amortization (D&A)	-121	-58	-34	-22	35	44	100	70	61	44
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.37	$2.11	$5.60	$3.01	$3.14	$2.06	$4.52	$0.00	$2.39	$3.10
Adjusted Weighted Average Basic Shares Outstanding	104.19M	106.30M	106.02M	98.59M	93.72M	92.86M	84.67M	0.00	74.37M	74.75M
Adjusted Diluted Earnings per Share	$2.35	$2.09	$5.58	$2.99	$3.13	$2.06	$4.52	$0.00	$2.38	$3.08
Adjusted Weighted Average Diluted Shares Outstanding	104.19M	106.30M	106.02M	98.59M	93.72M	92.86M	84.67M	0.00	74.37M	74.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	104.19M	106.30M	106.02M	98.59M	93.72M	92.86M	84.67M	0.00	74.37M	74.75M
Normalized Net Operating Profit after Tax (NOPAT)	252	226	283	325	313	198	415	285	179	232
Normalized NOPAT Margin	29.68%	23.11%	25.55%	27.48%	34.79%	22.36%	44.63%	28.77%	18.60%	22.94%
Pre Tax Income Margin	35.02%	34.34%	36.50%	35.16%	44.89%	28.18%	48.33%	37.87%	24.68%	31.22%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.20	1.78	1.59	1.04	0.76	0.79	2.74	1.18	0.24	0.31
NOPAT to Interest Expense	1.86	1.20	2.42	0.81	0.59	0.63	2.53	0.90	0.18	0.23
EBIT Less CapEx to Interest Expense	0.81	1.31	1.22	0.69	0.64	0.79	2.74	1.18	0.24	0.31
NOPAT Less CapEx to Interest Expense	0.48	0.73	2.04	0.47	0.47	0.63	2.53	0.90	0.18	0.23
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.36%	39.79%	14.92%	28.11%	26.86%	43.73%	20.67%	27.88%	44.27%	36.79%
Augmented Payout Ratio	35.36%	39.79%	14.92%	120.44%	76.05%	94.76%	97.42%	168.69%	75.14%	36.79%

This table displays calculated financial ratios and metrics derived from BankUnited's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.37%	7.25%	9.63%	0.21%	-6.31%	-13.18%	-1.09%	4.53%	5.96%	12.87%	5.66%
EBITDA Growth	2.49%	-19.66%	-14.53%	-10.70%	-42.21%	-63.79%	-9.49%	-14.21%	22.49%	187.01%	10.25%
EBIT Growth	2.35%	28.74%	-19.09%	-10.10%	-46.68%	-70.43%	-6.45%	-7.21%	33.25%	284.48%	19.14%
NOPAT Growth	1.05%	-48.74%	-21.25%	-11.81%	-46.52%	-67.59%	-9.27%	-7.35%	30.80%	232.99%	21.88%
Net Income Growth	1.05%	-48.74%	-21.25%	-11.81%	-46.52%	-67.59%	-9.27%	-7.35%	30.80%	232.99%	21.88%
EPS Growth	19.15%	-42.55%	-11.39%	-4.88%	-43.75%	-66.67%	-8.57%	-7.69%	28.57%	237.04%	21.88%
Operating Cash Flow Growth	-30.25%	-108.73%	-69.09%	-52.82%	-34.99%	373.50%	-52.96%	-51.92%	-72.93%	190.90%	-75.34%
Free Cash Flow Firm Growth	-239.93%	-320.89%	-3,457.73%	-220.15%	106.47%	106.87%	195.27%	233.78%	879.81%	930.69%	-63.30%
Invested Capital Growth	35.97%	51.42%	54.10%	27.44%	-1.09%	-2.04%	-32.53%	-27.38%	-15.56%	-23.20%	-17.13%
Revenue Q/Q Growth	8.39%	4.24%	-9.44%	-2.06%	1.34%	-3.41%	3.17%	3.51%	2.72%	2.90%	-3.42%
EBITDA Q/Q Growth	28.22%	-26.86%	-10.04%	5.84%	-17.02%	-54.17%	124.89%	0.32%	18.48%	7.37%	-13.61%
EBIT Q/Q Growth	33.86%	-30.14%	-12.17%	9.45%	-20.61%	-61.26%	177.88%	8.56%	14.01%	11.79%	-13.89%
NOPAT Q/Q Growth	33.58%	-26.91%	-17.64%	9.67%	-18.99%	-55.70%	130.54%	11.99%	14.37%	12.77%	-15.62%
Net Income Q/Q Growth	33.58%	-26.91%	-17.64%	9.67%	-18.99%	-55.70%	130.54%	11.99%	14.37%	12.77%	-15.62%
EPS Q/Q Growth	36.59%	-27.68%	-13.58%	11.43%	-19.23%	-57.14%	137.04%	12.50%	12.50%	12.35%	-14.29%
Operating Cash Flow Q/Q Growth	-56.25%	-108.91%	706.21%	99.63%	-39.71%	-62.51%	4.26%	104.05%	-66.05%	302.77%	-91.16%
Free Cash Flow Firm Q/Q Growth	-258.96%	-31.88%	-30.66%	48.24%	107.25%	40.13%	1,710.72%	-27.32%	-46.87%	47.41%	-35.53%
Invested Capital Q/Q Growth	17.49%	0.94%	25.36%	-14.28%	-8.81%	-0.03%	-13.66%	-7.74%	6.03%	-9.07%	-6.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	52.36%	36.74%	36.49%	39.44%	32.30%	15.32%	33.40%	32.37%	37.34%	38.96%	34.85%
EBIT Margin	45.22%	30.31%	29.39%	32.85%	25.74%	10.32%	27.80%	29.16%	32.37%	35.16%	31.35%
Profit (Net Income) Margin	33.93%	23.79%	21.64%	24.23%	19.37%	8.88%	19.85%	21.48%	23.91%	26.20%	22.90%
Tax Burden Percent	75.03%	78.50%	73.61%	73.76%	75.26%	86.05%	71.39%	73.64%	73.87%	74.53%	73.03%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	24.97%	21.50%	26.39%	26.24%	24.74%	13.95%	28.61%	26.36%	26.13%	25.47%	26.97%
Return on Invested Capital (ROIC)	4.47%	3.31%	2.47%	2.98%	2.28%	1.01%	2.11%	2.62%	3.03%	3.58%	3.55%
ROIC Less NNEP Spread (ROIC-NNEP)	4.47%	3.31%	2.47%	2.98%	2.28%	1.01%	2.11%	2.62%	3.03%	3.58%	3.55%
Return on Net Nonoperating Assets (RNNOA)	7.36%	5.30%	5.73%	6.77%	5.43%	2.40%	5.31%	5.35%	5.79%	6.27%	4.95%
Return on Equity (ROE)	11.83%	8.61%	8.20%	9.75%	7.71%	3.40%	7.42%	7.96%	8.82%	9.85%	8.49%
Cash Return on Invested Capital (CROIC)	-25.79%	-36.90%	-39.53%	-20.93%	3.73%	4.17%	40.78%	33.85%	19.25%	29.37%	22.40%
Operating Return on Assets (OROA)	1.22%	0.82%	0.81%	0.92%	0.71%	0.27%	0.74%	0.79%	0.89%	1.00%	0.92%
Return on Assets (ROA)	0.92%	0.65%	0.60%	0.68%	0.54%	0.23%	0.53%	0.58%	0.66%	0.75%	0.67%
Return on Common Equity (ROCE)	11.83%	8.61%	8.20%	9.75%	7.71%	3.40%	7.42%	7.96%	8.82%	9.85%	8.49%
Return on Equity Simple (ROE_SIMPLE)	13.95%	0.00%	10.91%	10.41%	8.80%	0.00%	6.58%	6.28%	6.55%	0.00%	8.39%
Net Operating Profit after Tax (NOPAT)	88	64	53	58	47	21	48	54	61	69	58
NOPAT Margin	33.93%	23.79%	21.64%	24.23%	19.37%	8.88%	19.85%	21.48%	23.91%	26.20%	22.90%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	37.71%	38.19%	42.38%	41.32%	40.78%	43.83%	44.18%	42.82%	44.79%	43.52%	45.76%
Operating Expenses to Revenue	53.34%	55.02%	62.51%	60.67%	60.64%	81.46%	65.87%	63.03%	64.04%	60.68%	62.73%
Earnings before Interest and Taxes (EBIT)	117	82	72	79	62	24	67	73	83	93	80
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	136	99	89	94	78	36	81	81	96	103	89
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.99	0.99	0.64	0.60	0.64	0.89	0.77	0.80	0.96	1.01	0.88
Price to Tangible Book Value (P/TBV)	1.02	1.02	0.66	0.62	0.66	0.92	0.80	0.83	0.99	1.03	0.90
Price to Revenue (P/Rev)	2.53	2.43	1.56	1.50	1.61	2.40	2.13	2.24	2.75	2.79	2.48
Price to Earnings (P/E)	7.11	8.43	5.84	5.78	7.24	12.91	11.74	12.79	14.69	12.18	10.49
Dividend Yield	3.04%	3.15%	4.73%	4.99%	4.81%	3.42%	3.94%	3.79%	3.10%	3.01%	3.40%
Earnings Yield	14.07%	11.86%	17.12%	17.29%	13.81%	7.75%	8.52%	7.82%	6.81%	8.21%	9.54%
Enterprise Value to Invested Capital (EV/IC)	0.91	0.93	0.83	0.86	0.84	0.90	0.86	0.86	0.86	0.93	0.87
Enterprise Value to Revenue (EV/Rev)	7.97	8.05	8.84	7.81	7.12	7.85	6.51	5.91	6.20	5.90	5.08
Enterprise Value to EBITDA (EV/EBITDA)	16.52	17.92	20.83	18.91	19.65	25.32	21.54	20.76	20.78	16.58	14.14
Enterprise Value to EBIT (EV/EBIT)	21.71	21.25	24.98	22.64	24.08	31.81	26.82	25.26	24.65	18.90	15.85
Enterprise Value to NOPAT (EV/NOPAT)	22.39	27.97	33.05	30.08	31.95	42.21	35.87	33.80	33.16	25.72	21.48
Enterprise Value to Operating Cash Flow (EV/OCF)	4.89	6.16	9.15	11.95	12.44	11.47	10.70	13.14	19.55	13.78	13.60
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	22.54	21.32	1.70	2.13	4.09	2.74	3.51
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.42	2.52	3.33	2.65	2.33	2.26	1.75	1.48	1.53	1.29	1.07
Long-Term Debt to Equity	2.42	2.52	3.33	2.65	2.33	2.26	1.75	1.48	1.53	1.29	1.07
Financial Leverage	1.64	1.60	2.32	2.27	2.38	2.39	2.52	2.04	1.91	1.75	1.40
Leverage Ratio	12.89	13.31	13.76	14.39	14.38	14.52	14.12	13.64	13.35	13.17	12.63
Compound Leverage Factor	12.89	13.31	13.76	14.39	14.38	14.52	14.12	13.64	13.35	13.17	12.63
Debt to Total Capital	70.80%	71.60%	76.92%	72.59%	69.97%	69.32%	63.60%	59.67%	60.43%	56.39%	51.80%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	70.80%	71.60%	76.92%	72.59%	69.97%	69.32%	63.60%	59.67%	60.43%	56.39%	51.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	29.20%	28.40%	23.08%	27.41%	30.03%	30.68%	36.40%	40.33%	39.57%	43.61%	48.20%
Debt to EBITDA	12.83	13.81	19.25	15.99	16.29	19.55	15.94	14.47	14.61	10.09	8.44
Net Debt to EBITDA	11.28	12.52	17.15	15.27	15.20	17.58	14.49	12.90	11.58	8.73	7.24
Long-Term Debt to EBITDA	12.83	13.81	19.25	15.99	16.29	19.55	15.94	14.47	14.61	10.09	8.44
Debt to NOPAT	17.39	21.55	30.55	25.44	26.48	32.60	26.55	23.56	23.31	15.65	12.82
Net Debt to NOPAT	15.29	19.54	27.21	24.30	24.71	29.30	24.13	21.00	18.47	13.54	10.99
Long-Term Debt to NOPAT	17.39	21.55	30.55	25.44	26.48	32.60	26.55	23.56	23.31	15.65	12.82
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,160	-2,849	-3,722	-1,926	140	196	3,546	2,577	1,369	2,018	1,301
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-23.95	-17.98	-17.51	-7.72	0.55	0.74	13.30	10.02	5.30	8.82	6.18
Operating Cash Flow to Interest Expense	2.90	-0.15	0.67	1.13	0.67	0.24	0.25	0.53	0.18	0.81	0.08
Operating Cash Flow Less CapEx to Interest Expense	2.90	-0.15	0.67	1.13	0.67	0.24	0.25	0.53	0.18	0.81	0.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	1.57	1.68	1.75	1.81	1.92	2.11	2.24	2.48	2.80	3.40	3.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,497	8,577	10,752	9,217	8,404	8,402	7,254	6,693	7,096	6,453	6,012
Invested Capital Turnover	0.13	0.14	0.11	0.12	0.12	0.11	0.11	0.12	0.13	0.14	0.15
Increase / (Decrease) in Invested Capital	2,248	2,913	3,775	1,984	-93	-175	-3,498	-2,523	-1,308	-1,949	-1,243
Enterprise Value (EV)	7,748	7,971	8,948	7,910	7,096	7,542	6,233	5,729	6,101	5,979	5,218
Market Capitalization	2,459	2,403	1,581	1,521	1,608	2,306	2,041	2,168	2,702	2,832	2,548
Book Value per Share	$31.84	$31.53	$33.20	$33.95	$33.92	$34.66	$35.32	$36.11	$37.56	$37.65	$38.76
Tangible Book Value per Share	$30.84	$30.52	$32.16	$32.91	$32.88	$33.61	$34.28	$35.07	$36.52	$36.61	$37.72
Total Capital	8,497	8,577	10,752	9,217	8,404	8,402	7,254	6,693	7,096	6,453	6,012
Total Debt	6,016	6,141	8,271	6,690	5,880	5,824	4,614	3,994	4,289	3,639	3,114
Total Long-Term Debt	6,016	6,141	8,271	6,690	5,880	5,824	4,614	3,994	4,289	3,639	3,114
Net Debt	5,290	5,568	7,367	6,389	5,488	5,236	4,193	3,560	3,399	3,147	2,670
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	6,016	6,141	8,271	6,690	5,880	5,824	4,614	3,994	4,289	3,639	3,114
Total Depreciation and Amortization (D&A)	18	17	17	16	16	12	14	8.03	13	10	8.94
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.13	$0.81	$0.71	$0.78	$0.63	$0.27	$0.64	$0.72	$0.82	$0.92	$0.78
Adjusted Weighted Average Basic Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Adjusted Diluted Earnings per Share	$1.12	$0.81	$0.70	$0.78	$0.63	$0.27	$0.64	$0.72	$0.81	$0.91	$0.78
Adjusted Weighted Average Diluted Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	77.27M	74.74M	74.41M	74.41M	74.38M	74.37M	74.76M	74.75M	74.75M	74.75M	75.21M
Normalized Net Operating Profit after Tax (NOPAT)	88	64	53	58	47	21	48	54	61	69	58
Normalized NOPAT Margin	33.93%	23.79%	21.64%	24.23%	19.37%	8.88%	19.85%	21.48%	23.91%	26.20%	22.90%
Pre Tax Income Margin	45.22%	30.31%	29.39%	32.85%	25.74%	10.32%	27.80%	29.16%	32.37%	35.16%	31.35%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.30	0.52	0.34	0.32	0.24	0.09	0.25	0.28	0.32	0.41	0.38
NOPAT to Interest Expense	0.97	0.41	0.25	0.23	0.18	0.08	0.18	0.21	0.24	0.30	0.28
EBIT Less CapEx to Interest Expense	1.30	0.52	0.34	0.32	0.24	0.09	0.25	0.28	0.32	0.41	0.38
NOPAT Less CapEx to Interest Expense	0.97	0.41	0.25	0.23	0.18	0.08	0.18	0.21	0.24	0.30	0.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	23.34%	27.88%	29.15%	29.51%	35.30%	44.27%	46.30%	48.58%	45.62%	36.79%	35.80%
Augmented Payout Ratio	173.14%	168.69%	167.39%	79.22%	89.30%	75.14%	46.37%	48.58%	45.62%	36.79%	35.80%

Key Financial Trends

BankUnited (NYSE: BKU) has shown a mixed financial performance over the past four years, from Q3 2022 through Q1 2025, with key financial trends emerging across its income statements, cash flow statements, and balance sheets.

Positive Trends:

Net Interest Income (NII) has generally increased over the years, indicating improved core banking earnings. For instance, NII rose from about $235.8 million in Q3 2022 to around $321.4 million by Q1 2025, showing growth in interest earnings from loans and leases.
Net Income attributable to common shareholders has increased over the years, from about $46.98 million in Q3 2022 to $58.48 million in Q1 2025, suggesting improved profitability.
Loan portfolio (Loans and Leases, net of allowance) remained robust and relatively stable, fluctuating around ~$23.8 to $24.7 billion, reflecting consistent lending activity and scale of operations.
Cash dividends per share have increased gradually from $0.25 in Q3 2022 to $0.31 in Q1 2025, highlighting reliable shareholder returns.
Operating cash flows have mostly remained positive, indicating solid cash generation from the company’s core operations except for some quarterly fluctuations.

Neutral Trends:

Total assets have been fairly stable between roughly $34.8 billion and $37.2 billion over the quarters, suggesting steady asset base with no significant expansion or contraction.
Deposits grew steadily—from around $26.4 billion in early 2023 to $28.7 billion in Q1 2025—with a balanced mix between interest-bearing and non-interest bearing deposits, reflecting stable funding sources.
The company’s allowance for loan and lease losses has varied but generally remained below 1% of loan portfolio, indicating a cautious stance on credit risk despite some seasonal variations.

Negative Trends:

Interest expense on long-term debt has increased from approximately $37 million in Q3 2022 to $36.34 million in Q1 2025, along with higher interest rates impacting funding costs.
Provision for credit losses remains elevated in some quarters, peaking at nearly $40 million in Q4 2022, reflecting ongoing credit risk pressures and loan loss provisioning that dampens net earnings.
Non-interest expenses, including salaries, occupancy, and operating expenses, have generally increased over the period, reducing operating leverage. These costs reached about $160 million in Q1 2025 compared to roughly $138 million in Q3 2022.
The company experienced fluctuations in net cash from financing activities, with large swings primarily related to debt repayments and issuance impacting liquidity management and capital structure stability.

Overall, BankUnited's core earnings through net interest income remain a strength, supported by stable loan portfolios and growing net income. However, rising funding costs, higher credit loss provisions, and increasing operating expenses could present challenges if these trends continue. Investors should monitor how the bank manages these costs and credit risks alongside its revenue growth and capital return policies.

08/29/25 04:02 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About BankUnited's Financials

When does BankUnited's fiscal year end?

According to the most recent income statement we have on file, BankUnited's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has BankUnited's net income changed over the last 9 years?

BankUnited's net income appears to be on a downward trend, with a most recent value of $232.47 million in 2024, falling from $251.66 million in 2015. The previous period was $178.67 million in 2023. View BankUnited's forecast to see where analysts expect BankUnited to go next.

How has BankUnited's revenue changed over the last 9 years?

Over the last 9 years, BankUnited's total revenue changed from $847.88 million in 2015 to $1.01 billion in 2024, a change of 19.5%.

How much debt does BankUnited have?

BankUnited's total liabilities were at $32.43 billion at the end of 2024, a 2.3% decrease from 2023, and a 49.9% increase since 2015.

How much cash does BankUnited have?

In the past 9 years, BankUnited's cash and equivalents has ranged from $7.70 million in 2019 to $223.88 million in 2015, and is currently $12.08 million as of their latest financial filing in 2024.

How has BankUnited's book value per share changed over the last 9 years?

Over the last 9 years, BankUnited's book value per share changed from 21.68 in 2015 to 37.65 in 2024, a change of 73.7%.

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This page (NYSE:BKU) was last updated on 8/29/2025 by MarketBeat.com Staff

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BankUnited (BKU) Financials

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BankUnited (BKU) Financials

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