secwatch.observer — SEC 8-K summary
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Issuer:     BankUnited, Inc. (BKU)
CIK:        0001504008
Form:       8-K
Filed at:   2026-07-22T10:48:16+00:00
Accession:  0001504008-26-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BankUnited Q2 net income $70.7M, EPS $0.97; record non-interest-bearing deposits, NPLs down 19% QoQ
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- Net income $70.7M ($0.97 diluted EPS) vs $61.9M ($0.83) in Q1 2026 and $68.8M ($0.91) in Q2 2025.
- Record non-interest-bearing demand deposits (NIDDA) up 11% QoQ to $991M; now 34.4% of total deposits.
- Non-performing loans down 19% QoQ ($51M) and 40% YoY ($152M); ACL to NPLs coverage ratio improved to 97.14%.
- Repurchased ~1.1M shares for $50.1M in Q2.
- Net interest margin expanded to 3.06% from 2.99% prior quarter and 2.93% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504008/000150400826000076/0001504008-26-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504008/000150400826000076/bku-20260722.htm
  HTML page:      https://secwatch.observer/filing/0001504008-26-000076

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