JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Malcolm Kevin A., the Senior Executive Vice President and General Counsel of BankUnited, N.A., a subsidiary of BankUnited, Inc. (NYSE:BKU), recently sold 3,234 shares of the company’s common stock. According to InvestingPro data, BKU stock has experienced recent pressure, down about 8% year-to-date, though maintaining a solid 3.3% dividend yield with a 15-year history of consistent payments. The transaction, which took place on March 5, 2025, was executed at an average price of $35.18 per share, totaling approximately $113,772. Following this sale, Malcolm retains ownership of 12,250 shares in the company. The sale was conducted under Rule 144 of the Securities Act of 1933. Trading at a P/E ratio of 10.9x and showing signs of being fairly valued according to InvestingPro’s Fair Value analysis, BKU maintains a "Fair" overall financial health score. For deeper insights, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, BankUnited reported its fourth-quarter 2024 earnings, exceeding expectations with an earnings per share (EPS) of $0.91, compared to a forecast of $0.72. The company also surpassed revenue projections, achieving $264.46 million against an anticipated $261.11 million. Despite these positive financial results, the stock saw a minor dip in pre-market trading. Analysts from firms like KBW and Wells Fargo (NYSE:WFC) noted BankUnited’s strategic focus on balance sheet transformation and deposit growth, highlighting their efforts to improve net interest margins. The bank’s net interest margin increased to 2.84%, with a notable decrease in the cost of interest-bearing deposits. Looking ahead, BankUnited anticipates mid to high single-digit growth in net interest income for 2025. The company also projects its net interest margin to reach 3% by the latter half of the year, expecting mid-single-digit growth in deposits and low single-digit growth in loans.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.