---
schema_version: "secwatch.filing_event.v1"
accession: "0001504008-22-000003"
form_type: "8-K"
ticker: "BKU"
cik: "0001504008"
company_name: "BankUnited, Inc."
filed_at: "2022-01-20T23:59:59+00:00"
generated_at: "2026-06-27T16:48:16.914609+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BankUnited Q4 EPS $1.41 vs $0.89 YoY; loans ex-PPP grow $1B; NIM 2.44%

## Summary
- Net income $125.3M ($1.41 diluted EPS) vs $85.7M ($0.89) in Q4 2020; FY2021 net income $415.0M ($4.52) vs $197.9M ($2.06).
- Total loans ex-PPP grew $1.0B in Q4; net interest margin expanded 11bp to 2.44% (tax-equiv); deposits up $1.3B.
- Non-interest expense $187.9M includes $44.8M loss on hedge discontinuance and $6.8M special employee bonus; non-interest income $45.6M includes $18.2M gain on loan sale.
- Non-performing loans declined to 0.87% from 1.21% prior quarter; allowance for credit losses $126.5M (0.53% of loans).
- Repurchased 4.4M shares for $181.8M at $41.45 avg; book value per share $35.47, tangible book $34.56.

## SEC filing metadata
- accession: 0001504008-22-000003
- form_type: 8-K
- ticker: BKU
- cik: 0001504008
- company_name: BankUnited, Inc.
- filed_at: 2022-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504008/000150400822000003/0001504008-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504008/000150400822000003/bku-20220120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504008-22-000003
- JSON: https://secwatch.observer/filing/0001504008-22-000003.json
- Plain text: https://secwatch.observer/filing/0001504008-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.