BankUnited, Inc. (BKU) 10-Year Financial Performance & Capital Metrics

BKU • • Banking & Credit

Financial ServicesRegional BanksCommercial & Business BankingCommercial & Corporate Banking

AboutBankUnited, 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 loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, 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 also offers online, mobile, and telephone banking services. As of December 31, 2021, it operated through a network of 63 banking centers located in 13 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.Show more

Net Interest Income $914M +4.6%
Total Revenue $2.02B +4.1%
Net Income $232M +30.1%
Return on Equity 8.62% +21.0%
Net Interest Margin 2.59% +6.2%
Efficiency Ratio 31.72% -3.0%
ROA 0.65% +33.4%
Equity / Assets 7.99% +10.8%
Book Value per Share 38.04 +8.5%
Tangible BV/Share 36.99 +8.8%
Debt/Equity 1.29 -42.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 31.7% efficiency ratio
✓Healthy dividend yield of 2.5%
✓Trading near 52-week high
✓Trading at only 1.2x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y8.84%

5Y7.21%

3Y22.78%

TTM-

Profit (Net Income) CAGR

10Y1.3%

5Y-5.78%

3Y-17.57%

TTM43.48%

EPS CAGR

10Y4.68%

5Y-0.32%

3Y-12%

TTM46.09%

ROCE

10Y Avg4.46%

5Y Avg4.21%

3Y Avg3.74%

Latest3.81%

Peer Comparison

Commercial & Corporate Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TCBITexas Capital Bancshares, Inc.	4.49B	98.37	76.85	-1.72%	4.4%	7.92%	9.27%	0.46
BANCBanc of California, Inc.	3.15B	20.87	40.13	24.65%	6.78%	6.01%	2.04%	0.67
DBDeutsche Bank AG	74.26B	38.87	28.37	11.78%	5.07%	7.18%		1.91
HTHHilltop Holdings Inc.	2.2B	35.83	20.59	2.5%	7.35%	7.2%	12.14%	0.61
SFBSServisFirst Bancshares, Inc.	4.28B	78.31	18.82	17.89%	23.26%	14.33%	5.8%	1.27
CMAComerica Incorporated	11.69B	91.51	18.23	-4.95%	13.98%	10.57%	3.83%	1.02
BOKFBOK Financial Corporation	8.08B	127.69	15.69	10.4%	15.57%	8.91%	15.59%	0.80
CNOBConnectOne Bancorp, Inc.	1.37B	27.26	15.49	6.06%	13.8%	3.98%	4.15%	0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	745.65M	870.38M	950.27M	1.05B	752.78M	751.76M	795.69M	912.96M	873.8M	914.27M
NII Growth %	0.1%	0.17%	0.09%	0.11%	-0.28%	-0%	0.06%	0.15%	-0.04%	0.05%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	880.82M	1.06B	1.2B	1.45B	1.28B	1.07B	959.45M	1.23B	1.86B	1.93B
Interest Expense	135.16M	188.83M	254.19M	399.05M	529.09M	315.85M	163.76M	317.49M	983.78M	1.01B
Loan Loss Provision	44.31M	50.91M	68.75M	25.93M	8.9M	178.43M	-67.12M	75.15M	87.61M	55.07M
Non-Interest Income+	102.22M	106.42M	157.9M	132.02M	147.2M	133.22M	134.15M	77.64M	86.84M	99.16M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	983.04M	1.17B	1.36B	1.58B	1.43B	1.2B	1.09B	1.31B	1.94B	2.02B
Revenue Growth %	0.13%	0.19%	0.17%	0.16%	-0.1%	-0.16%	-0.09%	0.2%	0.49%	0.04%
Non-Interest Expense	506.67M	590.45M	634.97M	740.54M	487.09M	457.19M	547.58M	540.31M	635.95M	642M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	296.89M	335.44M	404.46M	415.65M	404M	250.06M	449.38M	375.13M	237.08M	316.35M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.01%	0.13%	0.21%	0.03%	-0.03%	-0.38%	0.8%	-0.17%	-0.37%	0.33%
Pretax Income+	296.89M	335.44M	404.46M	415.65M	404M	249.36M	449.38M	375.13M	237.08M	316.35M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	45.23M	109.7M	-209.81M	90.78M	90.9M	51.51M	34.4M	90.16M	58.41M	83.88M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	251.66M	225.74M	614.27M	324.87M	313.1M	197.85M	414.98M	284.97M	178.67M	232.47M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.23%	-0.1%	1.72%	-0.47%	-0.04%	-0.37%	1.1%	-0.31%	-0.37%	0.3%
Net Income (Continuing)	251.66M	225.74M	614.27M	324.87M	313.1M	197.85M	414.98M	284.97M	178.67M	232.47M
EPS (Diluted)+	2.35	2.09	5.58	2.99	3.13	2.06	4.52	3.54	2.38	3.08
EPS Growth %	0.21%	-0.11%	1.67%	-0.46%	0.05%	-0.34%	1.19%	-0.22%	-0.33%	0.29%
EPS (Basic)	2.37	2.11	5.60	3.01	3.14	2.06	4.52	3.55	2.39	3.10
Diluted Shares Outstanding	102.97M	103.66M	105.86M	104.08M	95.66M	91.73M	90.4M	78.81M	73.52M	73.98M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	267.5M	448.31M	194.58M	382.07M	214.67M	397.72M	314.86M	572.65M	588.28M	491.12M
Short Term Investments	1000K	1000K	1000K	0	0	0	0	0	0	0
Total Investments+	21.65B	25.65B	28.26B	30.34B	31.11B	33.01B	33.84B	34.79B	33.62B	33.41B
Investments Growth %	0.27%	0.18%	0.1%	0.07%	0.03%	0.06%	0.03%	0.03%	-0.03%	-0.01%
Long-Term Investments	16.79B	19.58B	21.58B	30.34B	31.11B	33.01B	33.84B	34.79B	33.62B	33.41B
Accounts Receivables	0	0	0	0	0	0	0	0	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	78M	78M	77.8M	77.72M	0	77.64M	77.64M	77.64M	77.64M	77.64M
Intangible Assets	330K	47K	0	0	77.67M	0	0	0	0	0
PP&E (Net)	483.52M	539.91M	599.5M	702.35M	698.15M	663.52M	640.73M	539.8M	371.91M	223.84M
Other Assets	1.3B	1.1B	1.21B	664.18M	773.65M	865.68M	943.52M	1.05B	1.11B	1.04B
Total Current Assets	5.13B	6.52B	6.88B	382.07M	214.67M	397.72M	314.86M	572.65M	588.28M	491.12M
Total Non-Current Assets	18.76B	21.36B	23.47B	31.78B	32.66B	34.61B	35.5B	36.45B	35.17B	34.75B
Total Assets+	23.88B	27.88B	30.35B	32.16B	32.87B	35.01B	35.82B	37.03B	35.76B	35.24B
Asset Growth %	0.24%	0.17%	0.09%	0.06%	0.02%	0.07%	0.02%	0.03%	-0.03%	-0.01%
Return on Assets (ROA)	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	4.41B	5.64B	5.17B	5.37B	5.01B	4.03B	2.83B	6.33B	5.82B	3.64B
Net Debt	4.14B	5.19B	4.98B	4.99B	4.8B	3.63B	2.51B	5.76B	5.24B	3.15B
Long-Term Debt	4.4B	5.63B	5.16B	5.19B	4.88B	3.81B	2.6B	6.11B	5.8B	3.61B
Short-Term Debt	0	0	0	175M	100M	180M	199M	190M	0	0
Other Liabilities	290.06M	328.68M	268.62M	392.52M	486.08M	506.17M	514.12M	750.47M	821.24M	923.17M
Total Current Liabilities	16.94B	19.49B	21.88B	23.65B	24.49B	27.68B	29.64B	27.7B	26.54B	27.87B
Total Non-Current Liabilities	4.7B	5.97B	5.44B	5.59B	5.4B	4.35B	3.14B	6.89B	6.65B	4.56B
Total Liabilities	21.64B	25.46B	27.32B	29.24B	29.89B	32.03B	32.78B	34.59B	33.18B	32.43B
Total Equity+	2.24B	2.42B	3.03B	2.92B	2.98B	2.98B	3.04B	2.44B	2.58B	2.81B
Equity Growth %	0.09%	0.08%	0.25%	-0.03%	0.02%	0%	0.02%	-0.2%	0.06%	0.09%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.12%	0.1%	0.23%	0.11%	0.11%	0.07%	0.14%	0.1%	0.07%	0.09%
Book Value per Share	21.79	23.33	28.59	28.09	31.16	32.52	33.60	30.91	35.06	38.04
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	1.04M	1.04M	1.07M	991K	951K	931K	856K	757K	744K	747K
Additional Paid-in Capital	1.41B	1.43B	1.5B	1.22B	1.08B	1.02B	707.5M	321.73M	283.64M	301.67M
Retained Earnings	813.89M	949.68M	1.47B	1.7B	1.93B	2.01B	2.35B	2.55B	2.65B	2.8B
Accumulated OCI	22.18M	41.25M	54.99M	4.87M	-31.83M	-49.15M	-15.94M	-437.9M	-357.42M	-284.54M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	219.48M	308.51M	318.63M	824.25M	635.71M	864.17M	1.22B	1.29B	657.5M	433.78M
Operating CF Growth %	5.41%	0.41%	0.03%	1.59%	-0.23%	0.36%	0.41%	0.06%	-0.49%	-0.34%
Net Income	251.66M	225.74M	614.27M	324.87M	313.1M	197.85M	414.98M	284.97M	178.67M	232.47M
Depreciation & Amortization	43.39M	56.44M	61.55M	64.27M	72.42M	72.51M	78.5M	77.62M	74.06M	60.11M
Deferred Taxes	29.47M	30.19M	57.8M	67.78M	24.53M	-27.59M	-9.02M	1.44M	-46.83M	-43.93M
Other Non-Cash Items	-118.68M	-76.63M	-76.74M	32.97M	263.76M	703.67M	687.93M	689.07M	327.54M	142.91M
Working Capital Changes	-2.39M	54.73M	-360.95M	311.24M	-61.47M	-102.65M	31.88M	219.78M	104.43M	20.64M
Cash from Investing+	-4.61B	-3.83B	-2.45B	-2.04B	-1.08B	-2.62B	-1.64B	-2.12B	980.57M	409.71M
Purchase of Investments	-2.24B	-3.31B	-3.38B	-4.45B	-4.31B	-4.34B	-5.9B	-3.45B	-950.37M	-2.75B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	-277.55M	0	0	0	0	0	0	0	0	0
Other Investing	-3.67B	-2.47B	-1.79B	-275.74M	-1.47B	-1.31B	-691.57M	-1.62B	-106.66M	187.37M
Cash from Financing+	4.47B	3.7B	1.88B	1.4B	272.39M	1.94B	334.87M	1.08B	-1.62B	-940.66M
Dividends Paid	-88.98M	-89.82M	-91.63M	-91.31M	-84.08M	-86.52M	-85.79M	-79.44M	-79.09M	-85.51M
Share Repurchases	0	0	0	-299.97M	-154.03M	-100.97M	-318.5M	-401.29M	-55.15M	0
Stock Issued	0	0	62.09M	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	1000K	-1000K	-1000K	-1000K	1000K	-1000K	-1000K
Other Financing	3.47B	2.56B	2.44B	1.77B	825.5M	3.19B	1.96B	-1.95B	-1.18B	1.33B
Net Change in Cash+	79.98M	180.81M	-253.73M	187.49M	-167.4M	183.04M	-82.86M	257.79M	15.64M	-97.17M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	187.52M	267.5M	448.31M	194.58M	382.07M	214.67M	397.72M	314.86M	572.65M	588.28M
Cash at End	267.5M	448.31M	194.58M	382.07M	214.67M	397.72M	314.86M	572.65M	588.28M	491.12M
Interest Paid	130.96M	186.53M	247.55M	387.8M	518.86M	336.99M	169.29M	294.14M	950.48M	1.03B
Income Taxes Paid	29.35M	16.46M	69.23M	0	229K	8.64M	248.47M	0	48.78M	101.77M
Free Cash Flow+	32.15M	219.95M	219.07M	633.75M	571.92M	844.57M	1.19B	1.29B	657.5M	433.78M
FCF Growth %	1.18%	5.84%	-0%	1.89%	-0.1%	0.48%	0.41%	0.09%	-0.49%	-0.34%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	11.71%	9.68%	22.56%	10.92%	10.61%	6.64%	13.79%	10.41%	7.13%	8.62%
Return on Assets (ROA)	1.17%	0.87%	2.11%	1.04%	0.96%	0.58%	1.17%	0.78%	0.49%	0.65%
Net Interest Margin	3.12%	3.12%	3.13%	3.26%	2.29%	2.15%	2.22%	2.47%	2.44%	2.59%
Efficiency Ratio	51.54%	50.65%	46.61%	46.84%	34.08%	38.07%	50.07%	41.31%	32.71%	31.72%
Equity / Assets	9.4%	8.67%	9.97%	9.09%	9.07%	8.52%	8.48%	6.58%	7.21%	7.99%
Book Value / Share	21.79	23.33	28.59	28.09	31.16	32.52	33.6	30.91	35.06	38.04
NII Growth	10.13%	16.73%	9.18%	10.5%	-28.31%	-0.14%	5.84%	14.74%	-4.29%	4.63%
Dividend Payout	35.36%	39.79%	14.92%	28.11%	26.86%	43.73%	20.67%	27.88%	44.27%	36.79%

Frequently Asked Questions

Valuation & Price

BankUnited, Inc. (BKU) has a price-to-earnings (P/E) ratio of 15.2x. This is roughly in line with market averages.

Growth & Financials

BankUnited, Inc. (BKU) grew revenue by 4.1% over the past year. Growth has been modest.

Yes, BankUnited, Inc. (BKU) is profitable, generating $264.0M in net income for fiscal year 2024 (11.5% net margin).

Dividend & Returns

Yes, BankUnited, Inc. (BKU) pays a dividend with a yield of 2.48%. This makes it attractive for income-focused investors.

BankUnited, Inc. (BKU) has a return on equity (ROE) of 8.6%. This is below average, suggesting room for improvement.

Industry Metrics

BankUnited, Inc. (BKU) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

BankUnited, Inc. (BKU) has an efficiency ratio of 31.7%. This is excellent, indicating strong cost control.

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