BankUnited Inc (N:BKU)
Business Focus: Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 14817 Oak Ln MIAMI LAKES FL 33016-1517 |
| Tel: | N/A |
| Website: | https://www.bankunited.com |
| IR: | See website |
| Key People | ||
| Rajinder P. Singh Chairman of the Board, President, Chief Executive Officer | Leslie N. Lunak Chief Financial Officer | Thomas M. Cornish Chief Operating Officer |
| Craig Evans Senior Vice President | Rishi Bansal Chief Investment Officer of BankUnited, N.A. | Kevin A. Malcolm General Counsel of BankUnited, N.A. | Jay D. Richards Chief Risk Officer of BankUnited, N.A. |
| Business Overview |
| BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bank's lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel. |
| Financial Overview |
| For the three months ended 31 March 2024, BankUnited Inc interest income increased 9% to $481.5M. Net interest income after loan loss provision decreased 4% to $199.6M. Net income applicable to common stockholders decreased 9% to $47.3M. Net interest income after loan loss provision reflects government insured residential, and mortgage warehouse portf segment decrease from $208.1M to $0K, Net Interest Margin, Total - % decrease of 2% to 2.57%. |
| Employees: | 1,588 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $2,759M as of Mar 31, 2024 |
| Annual revenue (TTM): | $1,899M as of Mar 31, 2024 |
| EBITDA (TTM): | $632.87M as of Mar 31, 2024 |
| Net annual income (TTM): | $170.32M as of Mar 31, 2024 |
| Free cash flow (TTM): | N/A |
| Net Debt Last Fiscal Year: | $695.21M as of Mar 31, 2024 |
| Shares outstanding: | 74,772,706 as of Mar 31, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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