NYSE : BKU
BankUnited, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 43.4 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.05B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 1.26B | 1.29B | 1.39B | 1.32B | 934.64M | 800.82M |
| Interest Income on Investments | 466.04M | 501.39M | 535.22M | 539.36M | 295.81M | 158.63M |
| Total Interest Income | 1.72B | 1.79B | 1.93B | 1.86B | 1.23B | 959.45M |
| Interest Paid on Deposits | 591.50M | 664.34M | 815.57M | 660.30M | 179.97M | 67.60M |
| Interest Paid on Borrowings | 106.45M | 140.88M | 195.28M | 323.47M | 137.52M | 96.16M |
| Total Interest Expense | 697.95M | 805.21M | 1.01B | 983.78M | 317.49M | 163.76M |
| Net Interest Income | 1.02B | 987.58M | 914.27M | 873.80M | 912.96M | 795.69M |
| Gain (Loss) on Sale of Investments | -14.00K | -15.80M | 6.45M | |||
| Other Non-Interest Income | 78.98M | 83.91M | 78.93M | 65.93M | 70.93M | 81.63M |
| Total Non-Interest Income | 103.72M | 105.64M | 99.16M | 86.84M | 77.64M | 134.15M |
| Revenues Before Loan Losses | 1.13B | 1.09B | 1.01B | 960.64M | 990.60M | 929.84M |
| Provision for Loan Losses | 74.65M | 67.94M | 55.07M | 87.61M | 75.15M | -67.12M |
| Revenue | 1.05B | 1.03B | 958.35M | 873.03M | 915.44M | 996.96M |
| Salaries and Employee Benefits | 332.93M | 308.25M | 284.51M | 256.19M | 240.22M | 219.55M |
| Occupancy Expenses | 24.79M | 24.38M | 25.20M | 23.14M | 23.45M | 24.15M |
| Federal Deposit Insurance | 16.23M | 27.20M | 30.94M | 66.75M | 18.00M | 18.70M |
| Selling, General & Administrative | 152.93M | 157.08M | 160.56M | 169.19M | 186.50M | 180.63M |
| Other Non-Interest Expense | 158.70M | 142.82M | 135.59M | 120.69M | 72.14M | 101.75M |
| Total Non-Interest Expense | 685.58M | 659.73M | 636.80M | 635.95M | 540.31M | 544.77M |
| EBT Excluding Unusual Items | 366.67M | 365.55M | 321.55M | 237.08M | 375.13M | 452.19M |
| Asset Writedown | -3.80M | -3.80M | -2.80M | |||
| Other Unusual Items | -5.20M | |||||
| Pretax Income | 362.87M | 361.75M | 316.35M | 237.08M | 375.13M | 449.38M |
| Income Tax Expense | 88.90M | 93.39M | 83.88M | 58.41M | 90.16M | 34.40M |
| Net Income | 273.97M | 268.35M | 232.47M | 178.67M | 284.97M | 414.98M |
| Preferred Dividends & Other Adjustments | -5.39M | -5.70M | -4.11M | -3.56M | 5.08M | 5.99M |
| Net Income to Common | 279.36M | 274.05M | 236.58M | 182.24M | 279.90M | 408.99M |
| Basic Shares Outstanding | 72.11M | 73.92M | 73.60M | 73.33M | 78.81M | 90.40M |
| Diluted Shares Outstanding | 72.39M | 74.30M | 73.98M | 73.52M | 78.81M | 90.40M |
| EPS (Basic) | 3.87 | 3.71 | 3.21 | 2.49 | 3.55 | 4.52 |
| EPS (Diluted) | 3.69 | 3.53 | 3.08 | 2.38 | 3.54 | 4.52 |
| Dividend Per Share | 1.30 | 1.24 | 1.16 | 1.08 | 1.00 | 0.92 |
| Effective Tax Rate | 24.50% | 25.82% | 26.52% | 24.64% | 24.03% | 7.66% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 425.18M | 217.78M | 491.12M | 588.28M | 572.65M | 314.86M |
| Investment Securities | 9.06B | 1.75B | 2.29B | 2.38B | 2.59B | 2.53B |
| Trading Asset Securities | 85.16M | 85.13M | 105.68M | 88.74M | 59.02M | |
| Mortgage-Backed Securities | 7.76B | 7.17B | 6.92B | 7.56B | 7.71B | |
| Total Investments | 9.06B | 9.60B | 9.54B | 9.40B | 10.24B | 10.30B |
| Gross Loans | 23.82B | 24.27B | 24.30B | 24.63B | 24.89B | 23.77B |
| Allowance for Loan Losses | -221.48M | -219.82M | -223.15M | -202.69M | -147.95M | -126.46M |
| Net Loans | 23.59B | 24.05B | 24.07B | 24.43B | 24.74B | 23.64B |
| Property, Plant & Equipment | 151.70M | 309.13M | 369.91M | 522.90M | 702.15M | 804.32M |
| Goodwill | 77.64M | 77.64M | 77.64M | 77.64M | 77.64M | 77.64M |
| Accrued Interest Receivable | 143.00M | 156.00M | 175.00M | 163.00M | 114.00M | |
| Other Real Estate Owned & Foreclosed | 4.83M | 5.48M | 3.54M | 1.93M | 2.27M | |
| Other Long-Term Assets | 1.26B | 637.70M | 525.10M | 559.14M | 533.07M | 561.63M |
| Total Assets | 34.58B | 35.04B | 35.24B | 35.76B | 37.03B | 35.82B |
| Interest Bearing Deposits | 19.20B | 19.47B | 19.47B | 18.76B | 18.74B | 19.86B |
| Institutional Deposits | 774.00M | 779.00M | 941.00M | 730.00M | 603.00M | |
| Non-Interest Bearing Deposits | 9.11B | 9.11B | 7.62B | 6.84B | 8.04B | 8.98B |
| Total Deposits | 28.31B | 29.35B | 27.87B | 26.54B | 27.51B | 29.44B |
| Short-Term Borrowings | 229.99M | 79.82M | 85.90M | 97.17M | 316.22M | 224.31M |
| Current Portion of Long-Term Debt | 1.93B | 1.55B | 2.93B | 5.12B | 5.42B | |
| Current Portion of Leases | 20.37M | |||||
| Long-Term Debt | 318.53M | 296.86M | 683.92M | 682.47M | 692.53M | 691.20M |
| Federal Home Loan Bank Debt, Long-Term | 1.91B | |||||
| Long-Term Leases | 67.88M | 96.61M | 98.89M | 109.30M | 119.75M | |
| Other Long-Term Liabilities | 969.01M | 612.79M | 765.29M | 651.68M | 543.35M | 399.27M |
| Total Liabilities | 31.75B | 31.99B | 32.43B | 33.18B | 34.59B | 32.78B |
| Common Stock | 702.00K | 741.00K | 747.00K | 744.00K | 757.00K | 856.00K |
| Additional Paid-In Capital | 71.45M | 271.69M | 301.67M | 283.64M | 321.73M | 707.50M |
| Retained Earnings | 3.10B | 2.97B | 2.80B | 2.65B | 2.55B | 2.35B |
| Comprehensive Income & Other | -354.71M | -189.59M | -284.54M | -357.42M | -437.90M | -15.94M |
| Shareholders' Equity | 2.82B | 3.05B | 2.81B | 2.58B | 2.44B | 3.04B |
| Total Liabilities & Equity | 34.58B | 35.04B | 35.24B | 35.76B | 37.03B | 35.82B |
| Total Debt | 2.47B | 2.02B | 3.80B | 5.99B | 6.54B | 2.94B |
| Net Cash (Debt) | -2.05B | -1.72B | -3.22B | -5.30B | -5.88B | -2.57B |
| Net Cash Per Share | -28.29 | -23.11 | -43.53 | -72.08 | -74.57 | -28.39 |
| Filing Date Shares Outstanding | 70.19M | 73.64M | 74.75M | 74.37M | 74.74M | 84.67M |
| Total Common Shares Outstanding | 70.19M | 74.14M | 74.75M | 74.37M | 75.67M | 85.65M |
| Book Value Per Share | 40.21 | 41.19 | 37.65 | 34.66 | 32.19 | 35.47 |
| Tangible Book Value | 2.74B | 2.98B | 2.74B | 2.50B | 2.36B | 2.96B |
| Tangible Book Value Per Share | 39.10 | 40.14 | 36.61 | 33.62 | 31.16 | 34.56 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 268.35M | 232.47M | 178.67M | 284.97M | 414.98M | |
| Depreciation & Amortization | 14.80M | 18.23M | 16.30M | 19.26M | 3.53M | |
| Other Amortization | 16.37M | 26.13M | 44.45M | 50.39M | 50.96M | |
| Gain (Loss) on Sale of Investments | 15.80M | -6.45M | ||||
| Total Asset Writedown | 2.80M | |||||
| Provision for Credit Losses | 67.94M | 55.07M | 87.61M | 75.15M | -67.12M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 124.56M | 130.98M | 317.66M | 423.89M | 807.10M | |
| Change in Other Net Operating Assets | -129.73M | 18.51M | 114.48M | 219.78M | 31.88M | |
| Other Operating Activities | -24.14M | -69.18M | -121.31M | 183.63M | -9.02M | |
| Operating Cash Flow | 358.61M | 433.78M | 657.50M | 1.29B | 1.22B | |
| Capital Expenditures | -31.42M | |||||
| Sale of Property, Plant and Equipment | 22.86M | 148.31M | 100.33M | 52.24M | ||
| Investment in Securities | -23.61M | 74.04M | 986.90M | -549.98M | -902.15M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -151.91M | 184.59M | -76.66M | -1.58B | -680.37M | |
| Other Investing Activities | -61.77M | 2.77M | -29.99M | -41.40M | -23.96M | |
| Investing Cash Flow | -214.43M | 409.71M | 980.57M | -2.12B | -1.64B | |
| Short-Term Debt Issued | 19.00M | |||||
| Long-Term Debt Issued | 230.00M | 875.00M | 3.42B | 4.65B | 946.00M | |
| Total Debt Issued | 230.00M | 875.00M | 3.42B | 4.65B | 965.00M | |
| Short-Term Debt Repaid | -190.00M | -9.00M | ||||
| Long-Term Debt Repaid | -1.99B | -3.06B | -3.73B | -1.14B | -2.16B | |
| Total Debt Repaid | -1.99B | -3.06B | -3.92B | -1.14B | -2.16B | |
| Net Debt Issued (Repaid) | -1.76B | -2.19B | -495.00M | 3.51B | -1.20B | |
| Repurchase of Common Stock | -44.80M | -55.15M | -401.29M | -318.50M | ||
| Common Dividends Paid | -91.90M | -85.51M | -79.09M | -79.44M | -85.79M | |
| Net Increase (Decrease) in Deposit Accounts | 1.49B | 1.33B | -970.86M | -1.93B | 1.94B | |
| Other Financing Activities | -4.53M | 2.63M | -22.33M | -12.13M | -6.13M | |
| Financing Cash Flow | -417.52M | -940.66M | -1.62B | 1.08B | 334.87M | |
| Net Cash Flow | -273.33M | -97.17M | 15.64M | 257.79M | -82.86M | |
| Free Cash Flow | 358.61M | 433.78M | 657.50M | 1.29B | 1.19B | |
| Free Cash Flow Margin | 34.98% | 45.26% | 75.31% | 141.33% | 119.24% | |
| Free Cash Flow Per Share | 4.83 | 5.86 | 8.94 | 16.42 | 13.15 | |
| Cash Interest Paid | 831.90M | 1.03B | 950.48M | 294.14M | 169.29M | |
| Cash Income Tax Paid | 147.75M | 101.77M | 48.78M | -109.07M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.09B | 3.35B | 2.85B | 2.41B | 2.62B | 3.77B |
| Last Close Price | 43.00 | 43.32 | 35.86 | 29.35 | 29.44 | 35.76 |
| PE Ratio | 11.93 | 12.22 | 12.06 | 13.24 | 9.38 | 9.22 |
| PS Ratio | 2.95 | 3.27 | 2.98 | 2.76 | 2.87 | 3.78 |
| PB Ratio | 1.07 | 1.10 | 1.01 | 0.94 | 1.08 | 1.24 |
| P/FCF Ratio | 8.35 | 9.34 | 6.58 | 3.67 | 2.03 | 3.17 |
| P/OCF Ratio | 8.35 | 9.34 | 6.58 | 3.67 | 2.03 | 3.09 |
| Debt / Equity Ratio | 0.88 | 0.66 | 1.35 | 2.33 | 2.68 | 0.97 |
| Debt / FCF Ratio | 5.63 | 8.75 | 9.12 | 5.05 | 2.47 | |
| Net Debt / Equity Ratio | 0.73 | 0.56 | 1.14 | 2.06 | 2.41 | 0.84 |
| Net Debt / FCF Ratio | 4.79 | 7.42 | 8.06 | 4.54 | 2.16 | |
| Return on Equity (ROE) | 9.36% | 9.15% | 8.62% | 7.13% | 10.41% | 13.79% |
| Return on Assets (ROA) | 0.79% | 0.76% | 0.66% | 0.49% | 0.78% | 1.17% |
| Earnings Yield | 8.38% | 8.01% | 8.15% | 7.41% | 10.86% | 11.01% |
| FCF Yield | 11.97% | 10.71% | 15.20% | 27.26% | 49.29% | 31.54% |
| Dividend Yield | 3.00% | 2.74% | 3.04% | 3.33% | 2.88% | 2.09% |
| Payout Ratio | 35.75% | 34.25% | 36.79% | 44.27% | 27.88% | 20.67% |
| Buyback Yield / Dilution | 2.69% | -0.44% | -0.62% | 6.71% | 12.82% | 1.45% |
| Total Shareholder Return | 5.67% | 2.30% | 2.42% | 10.04% | 15.71% | 3.54% |