secwatch.observer — SEC 8-K summary
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Issuer:     BankUnited, Inc. (BKU)
CIK:        0001504008
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001504008-25-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BankUnited Q1 net income $58.5M ($0.78 EPS); dividend raised 7% to $0.31
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504008/000150400825000009/0001504008-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504008/000150400825000009/bku-20250428.htm
  HTML page:      https://secwatch.observer/filing/0001504008-25-000009

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