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Stock impact report

Wells Fargo Lifts BankUnited (BKU) Target Ahead of Expected 2026 Earnings Recovery [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
On January 5, Wells Fargo raised its price target on BankUnited, Inc. (NYSE:BKU) to $50 from $42 and kept an Overweight rating on the shares. The firm said regional banks are positioned to narrow their valuation gap with the largest banks in 2026. Q2 is seen as the next likely earnings catalyst. In the meantime, Wells expects a brief EPS air pocket through Q1 2026, driven by rate cuts, slower loan growth, and normal expense seasonality. In the most recent quarter, net income increased to $71.9 million, or $0.95 per share. Net interest margin expanded to a clean 3.00%, up from 2.93% in the prior quarter. For the first nine months of the year, earnings reached $199.1 million, marking a 22% increase year over year. Deposits were largely flat during the period, while funding costs moved lower. That mix fits well with a portfolio approach focused on traditional banks. The emphasis is on scale, steady balance sheets, and improving profitability rather than speculative growth stories. B Show less Read more
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