---
schema_version: "secwatch.filing_event.v1"
accession: "0001504008-25-000002"
form_type: "8-K"
ticker: "BKU"
cik: "0001504008"
company_name: "BankUnited, Inc."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:13:14.983367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BankUnited Q4 2024 EPS $0.91 vs $0.81 Q3; net margin expands to 2.84%

## Summary
- Net income $69.3M ($0.91 diluted EPS) compared to $61.5M ($0.81) in Q3 2024 and $20.8M ($0.27) in Q4 2023.
- Net interest margin (tax-equivalent) improved to 2.84% from 2.78% QoQ; average cost of deposits fell 34 bps to 2.72%.
- Total deposits flat QoQ; wholesale funding down $346M QoQ and $2.3B YoY; NIDDA grew $173M QoQ.
- Criticized/classified commercial loans declined $75.1M QoQ; NPLs up $26.2M due to one CRE office loan; net charge-off ratio 0.16% for FY 2024.
- CET1 ratio 12.0%, tangible book value $36.61 per share; loan to deposit ratio 87.2%.

## SEC filing metadata
- accession: 0001504008-25-000002
- form_type: 8-K
- ticker: BKU
- cik: 0001504008
- company_name: BankUnited, Inc.
- filed_at: 2025-01-22T23:59:59+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/1504008/000150400825000002/0001504008-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504008/000150400825000002/bku-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504008-25-000002
- JSON: https://secwatch.observer/filing/0001504008-25-000002.json
- Plain text: https://secwatch.observer/filing/0001504008-25-000002.txt

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