|Bid||34.19 x 800|
|Ask||34.28 x 1100|
|Day's Range||33.74 - 34.40|
|52 Week Range||28.05 - 37.74|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||12.03|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||0.84 (2.53%)|
|1y Target Est||36.85|
BankUnited, Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share. The dividend will be payable on October 31, 2019 to stockholders of record at the close of business on October 15, 2019.
Florida-based banks boosted their lending and experienced a small uptick in profits during the second quarter of 2019, according to the Federal Deposit Insurance Corp. BankUnited (NYSE: BKU) was the most profitable South Florida bank, with $86.2 million in second quarter net income. Other most profitable South Florida banks included: Miami-based City National Bank of Florida, with net income of $39.2 million. Coral Gables-based Amerant Bank, with net income of $16.4 million Miami-based Ocean Bank, with net income of $8.03 million Coral Gables-based BAC Florida Bank, with net income of $7.9 million All 113 Florida-based banks grew their loans by a combined $6.03 billion, or 3.5%, in the second quarter, more than double the $1.4 billion increase reported during the same quarter of 2018.
BankUnited (BKU) has announced that Jay Richards succeeded Mark Bagnoli as chief risk officer, effective September 3, 2019. Richards, who most recently served as chief credit officer, will continue to have responsibility over credit administration in his new role. Bagnoli has announced that he will retire in 2020 and has assumed the role of executive risk officer, effective September 3, 2019, reporting to Richards in connection with transitioning his duties.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active...
Growth in deposits and lower expenses support TCF Financial's (TCF) second-quarter 2019 earnings. However, lower revenues and margins are undermining factors.
BankUnited reports it experienced strong deposit growth during the second quarter of 2019, despite steep competition from rival financial institutions in the Florida and New York markets. Total deposits for the Miami Lakes-based bank (NYSE: BKU) grew $243 million while deposit accounts, such as checking accounts, grew $335 million, CEO Raj Singh said during a Wednesday conference call with investors. "Every quarter, there can be ups and downs on the growth numbers, but nevertheless, this is a very solid quarter." BankUnited reported a net income of $81.5 million, or $0.81 per share, for the quarter ending June 30.
BankUnited (BKU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Loan growth, relatively higher rates and improvement in fee income aid Hancock's (HWC) Q2 earnings. However, mounting operating costs are on the downside.
BankUnited Inc NYSE:BKUView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BKU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKU. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.58 billion over the last one-month into ETFs that hold BKU are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Raj Singh became the CEO of BankUnited, Inc. (NYSE:BKU) in 2017. This analysis aims first to contrast CEO compensation...
BankUnited, Inc. announced today that financial results for the quarter ended June 30, 2019 will be made public in a news release on Wednesday, July 24, 2019 prior to the market opening.
Increased use of digital methods to do banking transactions encourages Bank of America (BAC) to introduce features to enhance clients' experience.