BankUnited settles Florida tax dispute, records $43.9M benefit; expects $25M additional

BankUnited, Inc.

Settled Florida Department of Revenue tax dispute for 2009-2019; recorded $43.9M net tax benefit.
Expects additional ~$25M tax benefit in Q4 2021 from expiration of statutes of limitation in federal/state jurisdictions.
Combined ~$68.9M total expected tax benefit in Q4 2021, boosting net income.

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