Zacks Research Predicts BankUnited's Q1 Earnings (NYSE:BKU)

BankUnited, Inc. (NYSE:BKU - Free Report) - Research analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of BankUnited in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $0.71 for the quarter, down from their previous estimate of $0.72. The consensus estimate for BankUnited's current full-year earnings is $2.89 per share. Zacks Research also issued estimates for BankUnited's Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.69 EPS, FY2025 earnings at $2.88 EPS, Q1 2026 earnings at $0.74 EPS, Q2 2026 earnings at $0.75 EPS and Q3 2026 earnings at $0.75 EPS.

BankUnited (NYSE:BKU - Get Free Report) last issued its earnings results on Tuesday, October 22nd. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. The company had revenue of $515.24 million for the quarter, compared to analyst estimates of $258.65 million. BankUnited had a net margin of 9.06% and a return on equity of 8.09%. During the same quarter last year, the firm earned $0.63 EPS.

Several other research firms have also weighed in on BKU. Wedbush lifted their price objective on shares of BankUnited from $39.00 to $40.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 24th. Barclays lifted their price objective on shares of BankUnited from $35.00 to $39.00 and gave the stock an "equal weight" rating in a research note on Friday, September 27th. Royal Bank of Canada reissued a "sector perform" rating and set a $37.00 price objective on shares of BankUnited in a research note on Wednesday, October 23rd. Citigroup reduced their price objective on shares of BankUnited from $42.00 to $39.00 and set a "neutral" rating on the stock in a research note on Wednesday, September 11th. Finally, Wells Fargo & Company raised shares of BankUnited from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $38.00 to $48.00 in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $37.40.

BankUnited Trading Up 2.2 %

Shares of NYSE BKU traded up $0.92 during mid-day trading on Friday, hitting $42.72. The company's stock had a trading volume of 658,473 shares, compared to its average volume of 819,888. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 17.47 and a beta of 1.33. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.88 and a quick ratio of 0.88. BankUnited has a one year low of $24.34 and a one year high of $42.83. The company's fifty day simple moving average is $36.99 and its 200-day simple moving average is $33.97.

BankUnited Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $1.16 dividend on an annualized basis and a yield of 2.72%. BankUnited's payout ratio is 47.54%.

Insiders Place Their Bets

In other news, insider Jay D. Richards sold 2,500 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $41.18, for a total value of $102,950.00. Following the transaction, the insider now directly owns 34,687 shares of the company's stock, valued at $1,428,410.66. This represents a 6.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Thomas M. Cornish sold 10,778 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $39.11, for a total transaction of $421,527.58. Following the completion of the transaction, the chief operating officer now directly owns 100,000 shares in the company, valued at $3,911,000. The trade was a 9.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.19% of the company's stock.

Hedge Funds Weigh In On BankUnited

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of BankUnited by 3.1% in the first quarter. Vanguard Group Inc. now owns 9,483,630 shares of the financial services provider's stock valued at $265,542,000 after purchasing an additional 280,993 shares during the period. Dimensional Fund Advisors LP increased its position in BankUnited by 7.4% during the second quarter. Dimensional Fund Advisors LP now owns 4,583,059 shares of the financial services provider's stock worth $134,144,000 after acquiring an additional 315,872 shares during the period. Millennium Management LLC increased its position in BankUnited by 49.2% during the second quarter. Millennium Management LLC now owns 2,247,271 shares of the financial services provider's stock worth $65,778,000 after acquiring an additional 740,896 shares during the period. Geode Capital Management LLC increased its position in BankUnited by 1.2% during the third quarter. Geode Capital Management LLC now owns 1,719,596 shares of the financial services provider's stock worth $62,674,000 after acquiring an additional 20,218 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in BankUnited by 37.3% during the third quarter. Assenagon Asset Management S.A. now owns 868,806 shares of the financial services provider's stock worth $31,659,000 after acquiring an additional 236,174 shares during the period. 99.70% of the stock is owned by institutional investors.

BankUnited Company Profile

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.