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BankUnited files automatic mixed securities shelf  16:33
10/25/21
10/25
16:33
10/25/21
16:33
BKU

BankUnited

$42.20 /

+0.845 (+2.04%)

 
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BKU BankUnited
$42.20 /

+0.845 (+2.04%)

BKU BankUnited
$42.20 /

+0.845 (+2.04%)

10/22/21 RBC Capital
BankUnited cut to Sector Perform at RBC Capital on loan growth struggles
10/22/21 RBC Capital
BankUnited downgraded to Sector Perform from Outperform at RBC Capital
10/22/21 Piper Sandler
BankUnited downgraded to Neutral on 'murky' outlook at Piper Sandler
10/21/21 Piper Sandler
BankUnited downgraded to Neutral from Overweight at Piper Sandler
BKU BankUnited
$42.20 /

+0.845 (+2.04%)

Downgrade
BankUnited cut to Sector Perform at RBC Capital on loan growth struggles » 08:13
10/22/21
10/22
08:13
10/22/21
08:13
BKU

BankUnited

$42.38 /

-1.245 (-2.85%)

RBC Capital analyst…

RBC Capital analyst Steven Duong downgraded BankUnited to Sector Perform from Outperform with a price target of $45, down from $47. The company beat on Q3 earnings and he is raising his FY21 and FY22 EPS views to $3.94 and $3.37 from $3.77 and $3.32 to reflect lower credit loss provisioning, but BankUnited's loan growth continues to struggle, the analyst tells investors in a research note, adding that payoffs and low line utilization remain a headwind.

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BKU BankUnited
$42.38 /

-1.245 (-2.85%)

BKU BankUnited
$42.38 /

-1.245 (-2.85%)

10/22/21 RBC Capital
BankUnited downgraded to Sector Perform from Outperform at RBC Capital
10/22/21 Piper Sandler
BankUnited downgraded to Neutral on 'murky' outlook at Piper Sandler
10/21/21 Piper Sandler
BankUnited downgraded to Neutral from Overweight at Piper Sandler
05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
BKU BankUnited
$42.38 /

-1.245 (-2.85%)

Downgrade
BankUnited downgraded to Sector Perform from Outperform at RBC Capital » 08:00
10/22/21
10/22
08:00
10/22/21
08:00
BKU

BankUnited

$42.38 /

-1.245 (-2.85%)

RBC Capital analyst…

RBC Capital analyst Steven Duong downgraded BankUnited to Sector Perform from Outperform with a price target of $45, down from $47.

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BKU BankUnited
$42.38 /

-1.245 (-2.85%)

BKU BankUnited
$42.38 /

-1.245 (-2.85%)

10/22/21 Piper Sandler
BankUnited downgraded to Neutral on 'murky' outlook at Piper Sandler
10/21/21 Piper Sandler
BankUnited downgraded to Neutral from Overweight at Piper Sandler
05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
BKU BankUnited
$42.38 /

-1.245 (-2.85%)

Downgrade
BankUnited downgraded to Neutral on 'murky' outlook at Piper Sandler » 06:08
10/22/21
10/22
06:08
10/22/21
06:08
BKU

BankUnited

$42.38 /

-1.245 (-2.85%)

Piper Sandler analyst…

Piper Sandler analyst Stephen Scouten last night downgraded BankUnited to Neutral from Overweight with an unchanged price target of $45. The analyst sees "muted upside" to 2023 earnings estimates and projects the company's profitability remains in the 80 basis point range. He believes BankUnited's growth outlook "remains murky."

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BKU BankUnited
$42.38 /

-1.245 (-2.85%)

BKU BankUnited
$42.38 /

-1.245 (-2.85%)

10/21/21 Piper Sandler
BankUnited downgraded to Neutral from Overweight at Piper Sandler
05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
BKU BankUnited
$42.38 /

-1.245 (-2.85%)

Hot Stocks
BankUnited records tax benefit of $43.9M, sees additional $25M in Q4 » 20:49
10/21/21
10/21
20:49
10/21/21
20:49
BKU

BankUnited

$42.38 /

-1.245 (-2.85%)

BankUnited disclosed that…

BankUnited disclosed that it reached a settlement with the Florida Department of Revenue related to certain tax matters for the 2009-2019 tax years and recorded a tax benefit of $43.9M, net of federal impact. Unrelated to the Florida settlement, the bank expects to record an additional approximately $25M tax benefit in Q4 related to a reduction in the liability for unrecognized tax benefits arising from expiration of statutes of limitation in the Federal and certain state jurisdictions.

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BKU BankUnited
$42.38 /

-1.245 (-2.85%)

10/21/21 Piper Sandler
BankUnited downgraded to Neutral from Overweight at Piper Sandler
05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
BKU BankUnited
$42.38 /

-1.245 (-2.85%)

Downgrade
BankUnited downgraded to Neutral from Overweight at Piper Sandler » 16:18
10/21/21
10/21
16:18
10/21/21
16:18
BKU

BankUnited

$42.38 /

-1.245 (-2.85%)

Piper Sandler analyst…

Piper Sandler analyst Stephen Scouten downgraded BankUnited to Neutral from Overweight with a $45 price target.

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BKU BankUnited
$42.38 /

-1.245 (-2.85%)

05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
02/19/21 DA Davidson
BankUnited downgraded to Neutral from Buy at DA Davidson
BKU BankUnited
$42.38 /

-1.245 (-2.85%)

Earnings
BankUnited reports Q3 EPS 94c, consensus 87c » 06:51
10/21/21
10/21
06:51
10/21/21
06:51
BKU

BankUnited

$43.63 /

+1.225 (+2.89%)

The net interest margin,…

The net interest margin, calculated on a tax-equivalent basis, was 2.33% for the quarter ended September 30, 2021 compared to 2.37% for the immediately preceding quarter and 2.32% for the quarter ended September 30, 2020.

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BKU BankUnited
$43.63 /

+1.225 (+2.89%)

05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
02/19/21 DA Davidson
BankUnited downgraded to Neutral from Buy at DA Davidson
BKU BankUnited
$43.63 /

+1.225 (+2.89%)

Conference/Events
BankUnited management to meet virtually with Compass Point » 04:55
09/14/21
09/14
04:55
09/14/21
04:55
BKU

BankUnited

$40.86 /

+0.39 (+0.96%)

Virtual Meeting to be…

Virtual Meeting to be held on September 14 hosted by Compass Point.

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BKU BankUnited
$40.86 /

+0.39 (+0.96%)

05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
02/19/21 DA Davidson
BankUnited downgraded to Neutral from Buy at DA Davidson
BKU BankUnited
$40.86 /

+0.39 (+0.96%)

Conference/Events
BankUnited management to meet virtually with Compass Point » 17:00
09/09/21
09/09
17:00
09/09/21
17:00
BKU

BankUnited

$41.09 /

+0.31 (+0.76%)

Virtual Meeting to be…

Virtual Meeting to be held on September 14 hosted by Compass Point.

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BKU BankUnited
$41.09 /

+0.31 (+0.76%)

05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
02/19/21 DA Davidson
BankUnited downgraded to Neutral from Buy at DA Davidson
BKU BankUnited
$41.09 /

+0.31 (+0.76%)

Over a quarter ago
Earnings
BankUnited reports Q2 EPS $1.11, consensus 86c » 06:58
07/22/21
07/22
06:58
07/22/21
06:58
BKU

BankUnited

$39.62 /

+1.17 (+3.04%)

Q2 pre-tax, pre-provision…

Q2 pre-tax, pre-provision net revenue was $112.6M vs. $103.3M for the quarter ended March 31, 2021 and $122.3M for the quarter ended June 30, 2020. Recorded a recovery of credit losses of $(27.5M) vs. a recovery of $(28.0M) for the immediately preceding quarter and a provision for credit losses of $25.4M for the quarter ended June 30, 2020. Tangible book value per common share at June 30, 2021 increased to $33.08 from $31.22 at December 31, 2020. "We're very happy with results for the quarter and optimistic about a strong economic recovery" said CEO Rajinder Singh.

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BKU BankUnited
$39.62 /

+1.17 (+3.04%)

05/18/21 Compass Point
BankUnited price target raised to $54 from $48 at Compass Point
03/08/21 Hovde Group
BankUnited upgraded to Outperform from Market Perform at Hovde Group
03/03/21 Janney Montgomery Scott
BankUnited downgraded to Neutral from Buy at Janney Montgomery Scott
02/19/21 DA Davidson
BankUnited downgraded to Neutral from Buy at DA Davidson
BKU BankUnited
$39.62 /

+1.17 (+3.04%)

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