secwatch.observer — SEC 8-K summary
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Issuer:     BankUnited, Inc. (BKU)
CIK:        0001504008
Form:       8-K
Filed at:   2026-10-21T10:46:47+00:00
Accession:  0001504008-26-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BankUnited Q3 EPS $1.01, NIM 3.16%; guides Q4 NIM ~3.20% and NII ~$265M
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- Net income $72.2M; diluted EPS $1.01 vs $0.95 a year ago; adjusted EPS $1.03 vs $0.94, excluding a $2.3M pre-tax securities-sale loss.
- Net interest income $260.7M; NIM 3.16%, up 16 bps YoY and 10 bps QoQ, which CEO Rajinder Singh said was ahead of guidance.
- Q4 2026 guidance: NIM ~3.20%, net interest income ~$265M, ending core loans $17.6B-$17.7B, provision ~$15M, non-interest expense ~$178M.
- Provision for credit losses $9.0M, down 23% YoY; NPLs $264M, down 30% YoY but up 18% QoQ; criticized/classified loans down 14% YoY to $1.0B.
- Repurchased ~2.1M shares for $97.0M in Q3; CET1 ratio 12.1%; average NIDDA up $824M, or 10% YoY, and 32.2% of ending deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504008/000150400826000088/0001504008-26-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504008/000150400826000088/bku-20261021.htm
  HTML page:      https://secwatch.observer/filing/0001504008-26-000088

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