---
schema_version: "secwatch.filing_event.v1"
accession: "0001504008-22-000015"
form_type: "8-K"
ticker: "BKU"
cik: "0001504008"
company_name: "BankUnited, Inc."
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:42:14.099239+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BankUnited Q1 net income $67.2M ($0.79 EPS); NIM expands to 2.50%, dividend raised to $0.25

## Summary
- Net income $67.2M ($0.79 diluted EPS) vs $98.8M ($1.06) in Q1 2021; net interest margin rose to 2.50% from 2.39%.
- Dividend increased 9% to $0.25 per share from $0.23; $82.1M in share repurchases at ~$42.50 per share.
- Non-performing loans ratio improved to 0.65% from 0.87%; total deposits fell $897M but non-interest bearing deposits rose $688M.
- Provision for credit losses $7.8M vs $28.0M recovery in Q1 2021; AOCI declined $142M on rising rates and securities losses.
- Expanding geographically with new Atlanta corporate office and Dallas branch opening in late April.

## SEC filing metadata
- accession: 0001504008-22-000015
- form_type: 8-K
- ticker: BKU
- cik: 0001504008
- company_name: BankUnited, Inc.
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504008/000150400822000015/0001504008-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504008/000150400822000015/bku-20220421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504008-22-000015
- JSON: https://secwatch.observer/filing/0001504008-22-000015.json
- Plain text: https://secwatch.observer/filing/0001504008-22-000015.txt

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