BankUnited (BKU) Stock Up as Q1 Earnings Top, Provisions Fall [Yahoo! Finance]
BankUnited, Inc. (BKU)
Last bankunited, inc. earnings: 4/29 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
ir.bankunited.com
Company Research
Source: Yahoo! Finance
Quarterly earnings of 64 cents per share surpassed the Zacks Consensus Estimate of 62 cents. In the prior-year quarter, the company had reported earnings of 70 cents. The just-reported quarter's earnings included expenses related to FDIC special assessment. Results were aided by an increase in non-interest income and deposits and a decline in provisions. However, lower net interest income (NII) and loan balance, along with higher expenses, were the undermining factors. Net income was $48 million, down 9.3% year over year. Our estimate for the metric was $46.6 million. Revenues Decline & Expenses Rise Quarterly net revenues were $241.7 million, declining 1.1% year over year. However, the top line surpassed the Zacks Consensus Estimate of $239.84 million. NII was $214.9 million, decreasing 5.7%. The net interest margin (NIM) contracted 5 basis points (bps) to 2.57%. Our estimates for NII and NIM were $215.9 million and 2.61%, respectively. Non-interest income of $26.9 millio
Show less
Read more
Impact Snapshot
Event Time:
BKU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BKU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BKU alerts
High impacting BankUnited, Inc. news events
Weekly update
A roundup of the hottest topics
BKU
News
- BankUnited, Inc. (NYSE: BKU) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- BankUnited, Inc. (NYSE: BKU) had its price target lowered by analysts at Keefe, Bruyette & Woods from $33.00 to $31.00. They now have a "market perform" rating on the stock.MarketBeat
- BankUnited (BKU) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- BankUnited, Inc. (BKU) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- BankUnited, Inc. Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
BKU
Earnings
- 4/17/24 - Beat
BKU
Sec Filings
- 4/25/24 - Form 10-Q
- 4/17/24 - Form 8-K
- 4/4/24 - Form DEF
- BKU's page on the SEC website