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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. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers online, mobile, and telephone banking services. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
Strategic Shift | Explore BankUnited's transformation journey, focusing on demand deposit account growth and commercial sector expansion as key drivers of recent success |
Financial Upswing | Delve into BankUnited's Q2 2024 performance, highlighting EPS of $0.72 and projected growth to $3.33 EPS for FY 2025, underpinned by margin expansion |
Credit Challenges | Uncover the mixed credit trends in BankUnited's portfolio, particularly in commercial real estate, and management's stance on these potential risks |
Future Prospects | Learn about BankUnited's optimistic outlook for H2 2024, driven by strong loan and deposit pipelines, with analyst price targets ranging from $35 to $37 |
Metrics to compare | BKU | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBKUPeersSector | |
---|---|---|---|---|
P/E Ratio | 17.2x | −206.5x | 8.7x | |
PEG Ratio | −1.03 | 1.65 | 0.03 | |
Price/Book | 1.1x | 0.8x | 1.0x | |
Price / LTM Sales | 3.4x | 3.3x | 2.8x | |
Upside (Analyst Target) | 1.2% | 13.7% | 10.4% | |
Fair Value Upside | Unlock | −8.1% | 2.7% | Unlock |