Price Crosses Moving Average
|Bid||0.00 x 800|
|Ask||19.76 x 900|
|Day's Range||16.28 - 17.31|
|52 Week Range||13.47 - 37.60|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||7.57|
|Earnings Date||Jul 22, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||0.92 (5.29%)|
|Ex-Dividend Date||Jul 14, 2020|
|1y Target Est||23.50|
BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend will be payable on July 31, 2020 to stockholders of record at the close of business on July 15, 2020.
In this article we will check out the progression of hedge fund sentiment towards BankUnited Inc (NYSE:BKU) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
BankUnited's (BKU) decent top-line growth and steady capital-deployment activities make it attractive for investors. However, the near-zero interest rates and high debt levels are concerns.
BankUnited, Inc. (NYSE: BKU) (the "Company") announced today the pricing of a public offering of $300 million aggregate principal amount of its 5.125% Subordinated Notes due 2030 (the "Notes"). The Notes will bear interest at a rate per annum of 5.125% payable semi-annually in arrears. The price to the public for the Notes was 99.037% of the principal amount.
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]
DEEP DIVE Economic turmoil from the coronavirus shutdown points to significant loan losses ahead for banks. But if you are confident that the U.S. economy will recover fairly quickly as states reopen, then this is the time to scoop up shares of banks that are in good overall shape and are trading at discounts to tangible book value, according to Christopher Marinac, director of research at Janney Montgomery Scott.
It's been a good week for BankUnited, Inc. (NYSE:BKU) shareholders, because the company has just released its latest...
Shares of BankUnited (NYSE:BKU) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 150.77% year over year to ($0.33), which does not compare to the estimate of $0.49.Revenue of $203,874,000 lower by 10.25% from the same period last year, which missed the estimate of $214,490,000.Looking Ahead BankUnited hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Apr 29, 2020View more earnings on BKUTime: 02:01 AM ETWebcast URL: https://edge.media-server.com/mmc/p/k5yd68a7Technicals 52-week high: $37.60Company's 52-week low was at $14.50Price action over last quarter: down 39.68%Company Profile BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. Most of its revenue comprises net interest income derived mostly from loans.See more from Benzinga * 16 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session * 16 Healthcare Stocks Moving In Wednesday's Pre-Market Session * 12 Industrials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
BankUnited, Inc. (NYSE: BKU) announced today that financial results for the quarter ended March 31, 2020 will be made public in a news release on Wednesday, April 29, 2020 prior to the market opening.
South Florida businesses are scrambling to submit applications for the Paycheck Protection Program, the $350 billion loan program backed by the U.S. Small Business Administration. "Most Florida banks were uploading applications to the SBA as of Tuesday evening," said Alex Sanchez, president and CEO of the Florida Bankers Association. Here is a look at how some of South Florida's largest lenders are handling the PPP application process: Grove Bank and Trust in Miami is accepting applications from existing business clients.
BankUnited, Inc. (NYSE:BKU) stock is about to trade ex-dividend in 4 days time. Investors can purchase shares before...
Unfortunately for some shareholders, the BankUnited (NYSE:BKU) share price has dived 36% in the last thirty days. That...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Banks and credit unions remain open in South Florida, which leads the state in confirmed COVID-19 cases.
BankUnited temporarily suspended its stock buyback program in response to the coronavirus pandemic, following the lead of the nation's largest financial institutions. In a news release, the Miami Lakes-based community bank said the decision is "consistent with the utilization of capital to provide support to customers through lending and other services." BankUnited (NYSE: BAC) said it will reinstate the buyback program as soon as circumstances permit.
To the annoyance of some shareholders, BankUnited (NYSE:BKU) shares are down a considerable 32% in the last month...
BankUnited, Inc. (NYSE: BKU) has temporarily suspended its share repurchase program and retains the ability to reinstate it as circumstances warrant.
BankUnited maintained its status as South Florida's most profitable banking institution during the fourth quarter of 2019, according to the Federal Deposit Insurance Corp. The Miami Lakes-based bank (NYSE: BKU) earned $96.
If you own shares in BankUnited, Inc. (NYSE:BKU) then it's worth thinking about how it contributes to the volatility...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BankUnited, Inc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
BankUnited reduced its employee compensation by $19.7 million in 2019, the result of layoffs tied to its "2.0" strategy. More layoffs could be ahead in 2020 for the Miami Lakes-based bank. The "BankUnited 2.0" strategy involves slashing $40 million in operating expenses by cutting jobs and closing branches.