earnings
confidence high
sentiment neutral
materiality 0.70
BankUnited Q1 net income $58.5M ($0.78 EPS); dividend raised 7% to $0.31
BankUnited, Inc.
2025-Q1 EPS reported
$0.78
revenue$5,235,000
- Net income of $58.5M ($0.78 diluted EPS) vs $69.3M ($0.91) in Q4 2024 and $48.0M ($0.64) a year ago.
- Net interest margin declined to 2.81% from 2.84% QoQ; net interest income fell $6.1M to $233.1M.
- Dividend increased 7% to $0.31 per share; book value per share rose to $38.51, tangible BV $37.48.
- Non-interest bearing demand deposits grew $453M (5.9%) to 29% of total deposits; wholesale funding down $1.1B.
- Provision for credit losses $15.1M, up from $11.0M; net charge-off ratio annualized 0.33% for Q1.