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BankUnited

NYSE:BKU
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BKU
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Banks
Company description

BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The last earnings update was 52 days ago. More info.


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BKU Share Price and Events
7 Day Returns
-1.5%
NYSE:BKU
2.8%
US Banks
0.2%
US Market
1 Year Returns
-10.8%
NYSE:BKU
-4.3%
US Banks
6.3%
US Market
BKU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BankUnited (BKU) -1.5% 5.5% 4.3% -10.8% 0.1% 6.1%
US Banks 2.8% 0.9% 3.1% -4.3% 44.5% 48.6%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • BKU underperformed the Banks industry which returned -4.3% over the past year.
  • BKU underperformed the Market in United States of America which returned 6.3% over the past year.
Price Volatility
BKU
Industry
5yr Volatility vs Market

BKU Value

 Is BankUnited undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BankUnited to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BankUnited.

NYSE:BKU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 11 analysts.
= Stable Book Value * Return on Equity
= $32.75 * 9.5%
$3.11
Book Value of Equity per Share Weighted future Book Value estimates from 10 analysts. $32.75
Discount Rate (Cost of Equity) See below 10.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:BKU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.63
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.631 (1 + (1- 21%) (155.16%))
1.271
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.27
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.271 * 5.96%)
10.3%

Discounted Cash Flow Calculation for NYSE:BKU using Excess Returns Model Model

The calculations below outline how an intrinsic value for BankUnited is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:BKU Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.5% – 10.3%) * $32.75)
$-0.27
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.27 / (10.3% - 2.73%)
$-3.53
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $32.75 + $-3.53
$29.22
NYSE:BKU Discount to Share Price
Calculation Result
Value per share (USD) From above. $29.22
Current discount Discount to share price of $35.35
= -1 x ($35.35 - $29.22) / $29.22
-21%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of BankUnited is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BankUnited's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BankUnited's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:BKU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $3.01
NYSE:BKU Share Price ** NYSE (2019-04-18) in USD $35.35
United States of America Banks Industry PE Ratio Median Figure of 587 Publicly-Listed Banks Companies 12.98x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BankUnited.

NYSE:BKU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BKU Share Price ÷ EPS (both in USD)

= 35.35 ÷ 3.01

11.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BankUnited is good value based on earnings compared to the US Banks industry average.
  • BankUnited is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does BankUnited's expected growth come at a high price?
Raw Data
NYSE:BKU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
-0.7%per year
United States of America Banks Industry PEG Ratio Median Figure of 262 Publicly-Listed Banks Companies 1.29x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NYSE:BKU PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.76x ÷ -0.7%

-15.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BankUnited earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BankUnited's assets?
Raw Data
NYSE:BKU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $29.49
NYSE:BKU Share Price * NYSE (2019-04-18) in USD $35.35
United States of America Banks Industry PB Ratio Median Figure of 592 Publicly-Listed Banks Companies 1.23x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
NYSE:BKU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BKU Share Price ÷ Book Value per Share (both in USD)

= 35.35 ÷ 29.49

1.2x

* Primary Listing of BankUnited.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BankUnited is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess BankUnited's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. BankUnited has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BKU Future Performance

 How is BankUnited expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BankUnited expected to grow at an attractive rate?
  • BankUnited's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BankUnited's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • BankUnited's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:BKU Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:BKU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts -0.7%
NYSE:BKU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts -5.5%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:BKU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:BKU Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,002 304 3
2020-12-31 958 299 10
2019-12-31 912 270 9
NYSE:BKU Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,156 824 312
2018-09-30 1,121 491 664
2018-06-30 1,088 420 636
2018-03-31 1,065 421 613
2017-12-31 1,039 319 591
2017-09-30 1,008 312 250
2017-06-30 973 293 234
2017-03-31 946 286 224
2016-12-31 926 309 217
2016-09-30 900 285 210
2016-06-30 880 286 260
2016-03-31 845 248 250

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BankUnited's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • BankUnited's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:BKU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from BankUnited Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BKU Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 3.47 3.54 3.40 2.00
2020-12-31 3.05 3.30 2.84 13.00
2019-12-31 2.75 2.90 2.66 13.00
NYSE:BKU Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 3.01
2018-09-30 6.32
2018-06-30 6.03
2018-03-31 5.80
2017-12-31 5.60
2017-09-30 2.39
2017-06-30 2.25
2017-03-31 2.17
2016-12-31 2.11
2016-09-30 2.04
2016-06-30 2.53
2016-03-31 2.44

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BankUnited is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BankUnited's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BankUnited has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BKU Past Performance

  How has BankUnited performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BankUnited's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BankUnited has delivered over 20% year on year earnings growth in the past 5 years.
  • BankUnited's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • BankUnited's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Earnings and Revenue History
BankUnited's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BankUnited Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BKU Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,156.19 311.82 402.60
2018-09-30 1,120.59 663.89 408.18
2018-06-30 1,087.82 635.59 396.64
2018-03-31 1,065.44 613.07 392.99
2017-12-31 1,039.43 591.02 385.87
2017-09-30 1,007.56 250.20 374.37
2017-06-30 973.23 233.77 370.63
2017-03-31 946.20 224.29 362.51
2016-12-31 925.89 216.98 355.09
2016-09-30 899.89 210.02 351.08
2016-06-30 879.79 259.52 349.54
2016-03-31 844.57 249.90 341.63
2015-12-31 803.57 241.92 332.30
2015-09-30 751.27 232.88 325.94
2015-06-30 731.28 186.01 313.19
2015-03-31 716.82 187.78 305.76
2014-12-31 719.75 196.22 301.06
2014-09-30 722.51 201.61 289.20
2014-06-30 715.37 202.31 283.34
2014-03-31 708.60 207.48 278.74
2013-12-31 682.30 199.56 276.76
2013-09-30 711.43 205.91 267.27
2013-06-30 694.98 198.86 261.83
2013-03-31 687.32 191.40 257.24
2012-12-31 670.22 192.28 255.66
2012-09-30 633.66 175.68 250.23
2012-06-30 635.23 173.78 245.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BankUnited has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BankUnited used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if BankUnited improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess BankUnited's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BankUnited has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BKU Health

 How is BankUnited's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of BankUnited's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BankUnited Company Filings, last reported 3 months ago.

NYSE:BKU Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,923.83 5,397.62 263.69
2018-09-30 3,074.89 5,562.10 317.76
2018-06-30 3,099.43 5,508.61 415.06
2018-03-31 3,032.67 4,830.70 232.75
2017-12-31 3,026.06 5,199.20 222.21
2017-09-30 2,623.49 5,300.90 66.93
2017-06-30 2,580.82 5,381.13 171.53
2017-03-31 2,533.01 5,207.43 81.87
2016-12-31 2,418.43 5,703.72 498.55
2016-09-30 2,373.09 5,756.18 184.81
2016-06-30 2,331.15 5,499.16 199.20
2016-03-31 2,264.25 4,783.92 166.49
2015-12-31 2,243.90 4,480.53 109.48
2015-09-30 2,210.57 4,191.16 118.55
2015-06-30 2,146.34 3,806.62 101.49
2015-03-31 2,115.62 3,382.73 126.25
2014-12-31 2,052.53 3,387.74 116.69
2014-09-30 2,040.17 2,648.29 96.75
2014-06-30 2,014.57 2,752.99 80.78
2014-03-31 1,979.70 2,518.54 79.20
2013-12-31 1,928.70 2,458.10 84.51
2013-09-30 1,885.81 2,421.21 79.56
2013-06-30 1,852.71 2,245.71 85.46
2013-03-31 1,843.80 2,073.51 81.61
2012-12-31 1,806.68 1,980.81 91.43
2012-09-30 1,752.73 2,292.46 81.68
2012-06-30 1,692.25 2,339.57 70.89
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • BankUnited has an acceptable proportion of non-loan assets held.
  • BankUnited's liabilities are made up of primarily low risk sources of funding.
  • Loans at BankUnited are broadly funded by customer deposits.
  • BankUnited's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • BankUnited has a low allowance for bad loans.
  • BankUnited has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess BankUnited's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BankUnited has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BKU Dividends

 What is BankUnited's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.38%
Current annual income from BankUnited dividends. Estimated to be 2.43% next year.
If you bought $2,000 of BankUnited shares you are expected to receive $48 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • BankUnited's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • BankUnited's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:BKU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 472 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:BKU Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.93 3.00
2020-12-31 0.86 13.00
2019-12-31 0.84 13.00
NYSE:BKU Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-19 0.840 2.438
2018-12-21 0.840 2.474
2018-09-24 0.840 2.547
2018-06-25 0.840 2.113
2018-03-23 0.840 2.036
2017-12-27 0.840 2.032
2017-09-25 0.840 2.333
2017-07-03 0.840 2.511
2017-03-30 0.840 2.429
2016-12-28 0.840 2.212
2016-09-28 0.840 2.572
2016-06-27 0.840 2.747
2016-03-24 0.840 2.509
2015-12-29 0.840 2.510
2015-09-16 0.840 2.273
2015-06-15 0.840 2.326
2015-03-16 0.840 2.501
2014-12-16 0.840 2.817
2014-09-16 0.840 2.806
2014-06-09 0.840 2.599
2014-02-12 0.840 2.541
2013-12-23 0.840 2.618
2013-09-10 0.840 2.672
2013-06-21 0.840 2.893
2013-03-14 0.840 3.329
2012-12-10 0.840 3.262
2012-09-14 0.680 2.848
2012-06-19 0.680 2.785
2012-02-28 0.680 2.848
2011-12-16 0.560 2.429
2011-09-16 0.560 2.632
2011-06-17 0.560 2.335
2011-03-11 0.560 1.988
2011-01-28 0.560 1.959

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, BankUnited has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but BankUnited only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of BankUnited's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.8x coverage).
X
Income/ dividend checks
We assess BankUnited's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BankUnited afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BankUnited has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BKU Management

 What is the CEO of BankUnited's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Raj Singh
COMPENSATION $5,599,377
AGE 47
TENURE AS CEO 2.3 years
CEO Bio

Mr. Rajinder P. Singh, also known as Raj, has been the Chief Executive Officer and President of BankUnited, Inc. since January 1, 2017 and founded it. Mr. Singh served as the Chief Operating Officer at BankUnited, National Association. Mr. Singh served as the Chief Operating Officer of BankUnited, Inc. since October 2010 until January 1, 2017. He served as the Chief Operating Officer of BankUnited, FSB. He served as Secretary of BankUnited, Inc. from May 2009 to June 2013. He served as Senior Executive Vice President Mortgage Banking and Corporate Development at BankUnited, FSB from May 2009 through October 2010. Prior to joining BankUnited in May 2009, Mr. Singh led the financial services practice of WL Ross & Co., a private equity firm and investor in BankUnited from April 2008 to May 2009. From December 2006 to April 2008, he served as Executive Vice President for Capital One's banking segment which includes retail, small business and commercial banking businesses in New York, New Jersey, Connecticut, Louisiana and Texas and a national direct deposit gathering franchise. Mr. Singh was a Member of Capital One's Bank Leadership Team and chaired the Deposit Pricing Committee. He also served on Capital One's ALCO and brand board. Previously, he served as Head of Corporate Development and Strategy for North Fork from February 2005 to December 2006. Prior to joining North Fork in February 2005, he spent nine years at FleetBoston Financial Corporation and last served as Managing Director of Corporate Development and Strategy. He has been a Director of BankUnited, Inc., since July 1, 2013. Mr. Singh has been Chairman at BankUnited, National Association since January 1, 2019 and serves as its Director. He earned his M.B.A. from Carnegie Mellon University in Pittsburgh and his B.S. in chemical engineering from the Indian Institute of Technology in New Delhi.

CEO Compensation
  • Raj's compensation has been consistent with company performance over the past year.
  • Raj's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the BankUnited management team in years:

4.1
Average Tenure
57
Average Age
  • The tenure for the BankUnited management team is about average.
Management Team

Raj Singh

TITLE
Founder
COMPENSATION
$6M
AGE
47
TENURE
2.3 yrs

Leslie Lunak

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
60
TENURE
6.1 yrs

Thomas Cornish

TITLE
Chief Operating Officer
COMPENSATION
$3M
AGE
59
TENURE
2.3 yrs

Jeffrey Starr

TITLE
General Counsel of BankUnited
COMPENSATION
$1M
AGE
57

Rishi Bansal

TITLE
Chief Investment Officer of BankUnited
COMPENSATION
$2M
AGE
44
TENURE
2.2 yrs

Lisa Shim

TITLE
Senior Vice President of Corporate Development

Chris Perry

TITLE
Executive VP & Director of Human Resources

Nic Bustle

TITLE
Senior Executive Vice President of Corporate Banking

Jill Tai

TITLE
Senior Vice President
TENURE
6.2 yrs

Claire Raley

TITLE
Senior VP & Community Development Officer
TENURE
6 yrs
Board of Directors Tenure

Average tenure and age of the BankUnited board of directors in years:

4.3
Average Tenure
60.5
Average Age
  • The tenure for the BankUnited board of directors is about average.
Board of Directors

Raj Singh

TITLE
Founder
COMPENSATION
$6M
AGE
47
TENURE
0.3 yrs

Eugene DeMark

TITLE
Lead Independent Director
COMPENSATION
$353K
AGE
71
TENURE
6.4 yrs

Doug Pauls

TITLE
Director
COMPENSATION
$204K
AGE
59
TENURE
4.9 yrs

Michael Dowling

TITLE
Director
COMPENSATION
$158K
AGE
69
TENURE
5.9 yrs

Lynne Wines

TITLE
Director
COMPENSATION
$193K
AGE
63
TENURE
3.7 yrs

John DiGiacomo

TITLE
Director
COMPENSATION
$36K
AGE
56
TENURE
0.7 yrs

Tere Blanca

TITLE
Director
COMPENSATION
$143K
AGE
57
TENURE
5.6 yrs

Sanjiv Sobti

TITLE
Director
COMPENSATION
$193K
AGE
56
TENURE
4.9 yrs

A. Prudenti

TITLE
Director
COMPENSATION
$143K
AGE
64
TENURE
3.7 yrs

Bill Rubenstein

TITLE
Director
COMPENSATION
$158K
AGE
62
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by BankUnited insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
01. Feb 19 Buy William Rubenstein Individual 31. Jan 19 31. Jan 19 2 $33.82 $76
29. Oct 18 Sell Mark Bagnoli Individual 26. Oct 18 26. Oct 18 -1,000 $31.82 $-31,822
28. Aug 18 Buy John DiGiacomo Individual 28. Aug 18 28. Aug 18 500 $39.86 $19,932
14. Aug 18 Sell Thomas Cornish Individual 13. Aug 18 13. Aug 18 -10,000 $40.02 $-400,200
23. May 18 Sell Jeffrey Starr Individual 22. May 18 22. May 18 -5,000 $43.51 $-217,560
07. May 18 Sell Mark Bagnoli Individual 04. May 18 04. May 18 -1,000 $40.63 $-40,631
X
Management checks
We assess BankUnited's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BankUnited has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BKU News

Simply Wall St News

BankUnited, Inc. (NYSE:BKU): What Can We Expect In The Future?

Based on BankUnited, Inc.'s (NYSE:BKU) earnings update in December 2018, … analyst consensus outlook appear … with earnings expected to decline by -14% in the upcoming year

Simply Wall St -

Why These Fundamentals Make BankUnited, Inc.’s (NYSE:BKU) More Attractive

Since a bank profits from reinvesting its clients’ deposits in the form of loans, negative economic growth may lower deposit levels and demand for loan, adversely impacting its cash flow. … Unpredictable macro events such as political instability could weaken its financial position which is why it is important to understand how well the bank manages its risk levels. … High liquidity and low leverage could position BankUnited favourably at the face of macro headwinds.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand BankUnited, Inc. (NYSE:BKU)

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at BankUnited, Inc.'s (NYSE:BKU) P/E ratio and reflect on what it tells us about the company's share price. … BankUnited has a price to earnings ratio of 11.85, based on the last twelve months.

Simply Wall St -

Did Changing Sentiment Drive BankUnited's Share Price Down By 11%?

(NYSE:BKU) share price is down 11% in the last year. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … The share price fall of 11% isn't as bad as the reduction in earnings per share.

Simply Wall St -

Is There Now An Opportunity In BankUnited, Inc. (NYSE:BKU)?

(NYSE:BKU), operating in the financial services industry based in United States,. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Let’s take a look at BankUnited’s outlook and value based on the most recent financial data to see if the opportunity still exists.

Simply Wall St -

Three Key Risks For BankUnited, Inc. (NYSE:BKU) You Should Know

Economic growth impacts the stability of salaries and interest rate level which in turn affects borrowers’ demand for, and ability to repay, their loans. … Risk associate with repayment is measured by the level of bad debt which is an expense written off BankUnited’s bottom line. … Since the level of risky assets held by the bank impacts the attractiveness of it as an investment, I will take you through three metrics that are insightful proxies for risk.

Simply Wall St -

Should You Be Concerned About BankUnited, Inc.’s (NYSE:BKU) Liquidity?

As a small-cap bank stock with a market capitalisation of US$3.2b, BankUnited, Inc.’s (NYSE:BKU) risk and profitability are largely determined by the underlying economic growth of the US regions in which it operates. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like BankUnited to vulnerabilities. … High liquidity and low leverage could position BankUnited favourably at the face of macro headwinds.

Simply Wall St -

Here's What BankUnited Inc's (NYSE:BKU) P/E Ratio Is Telling Us

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at BankUnited Inc's (NYSE:BKU) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is BankUnited Inc (NYSE:BKU) A Great Dividend Stock?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Historically, BankUnited Inc (NYSE:BKU) has paid dividends to shareholders, and these days it yields 2.4%. … Let's take a look at BankUnited in more detail.

Simply Wall St -

Does The Data Make BankUnited Inc (NYSE:BKU) An Attractive Investment?

BankUnited Inc (NYSE:BKU) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … is a company with great financial health as well as a.

Simply Wall St -

BKU Company Info

Description

BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, savings accounts, and certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers ATMs, integrated online, mobile, and telephone banking services. As of December 31, 2018, it operated through a network of 85 branches located in 14 Florida counties; and 5 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited, Inc. is headquartered in Miami Lakes, Florida.

Details
Name: BankUnited, Inc.
BKU
Exchange: NYSE
Founded:
$3,478,672,002
98,406,563
Website: http://www.bankunited.com
Address: BankUnited, Inc.
14817 Oak Lane,
Miami Lakes,
Florida, 33016,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BKU Common Stock New York Stock Exchange US USD 28. Jan 2011
DB BNU Common Stock Deutsche Boerse AG DE EUR 28. Jan 2011
Number of employees
Current staff
Staff numbers
1,763
BankUnited employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 00:14
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.