secwatch.observer — SEC 8-K summary
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Issuer:     BankUnited, Inc. (BKU)
CIK:        0001504008
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001504008-22-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BankUnited Q2 net income $65.8M ($0.82 EPS); loan growth $780M ex-PPP; NIM 2.63%
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- Net income $65.8M, diluted EPS $0.82 vs $0.79 prior Q and $1.11 YoY.
- Net interest margin expanded to 2.63% from 2.50% prior Q; net interest income $225.4M.
- Total loans ex-PPP grew $780M; commercial loans up $553M; residential loans +$228M.
- Provision for credit losses $24.0M vs $7.8M prior Q; ACL ratio stable at 0.54%.
- Repurchased 6.1M shares for $243.6M at avg $39.94; tangible book value $31.16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504008/000150400822000027/0001504008-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504008/000150400822000027/bku-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001504008-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer