BKU

BankUnitedNYSE:BKU Stock Report

Market Cap

US$3.7b

7D

-0.8%

1Y

73.5%

Updated

19 Sep, 2021

Data

Company Financials +
BKU fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends5/6

BKU Overview

BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States.

BankUnited Competitors

Signature Bank

NasdaqGS:SBNY

US$15.7b

Western Alliance Bancorporation

NYSE:WAL

US$10.2b

First Horizon

NYSE:FHN

US$8.4b

Cullen/Frost Bankers

NYSE:CFR

US$7.1b

Price History & Performance

Summary of all time highs, changes and price drops for BankUnited
Historical stock prices
Current Share PriceUS$40.14
52 Week HighUS$20.52
52 Week LowUS$50.71
Beta1.42
1 Month Change-2.15%
3 Month Change-8.06%
1 Year Change73.47%
3 Year Change7.93%
5 Year Change31.82%
Change since IPO41.34%

Recent News & Updates

Jul 04
BankUnited (NYSE:BKU) Will Pay A Dividend Of US$0.23

BankUnited (NYSE:BKU) Will Pay A Dividend Of US$0.23

The board of BankUnited, Inc. ( NYSE:BKU ) has announced that it will pay a dividend on the 30th of July, with...

May 19
Shareholders May Be More Conservative With BankUnited, Inc.'s (NYSE:BKU) CEO Compensation For Now

Shareholders May Be More Conservative With BankUnited, Inc.'s (NYSE:BKU) CEO Compensation For Now

Under the guidance of CEO Raj Singh, BankUnited, Inc. ( NYSE:BKU ) has performed reasonably well recently. In light of...

Shareholder Returns

BKUUS BanksUS Market
7D-0.8%0.9%-0.6%
1Y73.5%63.3%33.8%

Return vs Industry: BKU exceeded the US Banks industry which returned 63.3% over the past year.

Return vs Market: BKU exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is BKU's price volatile compared to industry and market?
BKU volatility
BKU Beta1.42
Industry Beta1.37
Market Beta1

Stable Share Price: BKU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BKU's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,480Raj Singhhttps://www.bankunited.com

BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans.

Valuation

Is BankUnited undervalued compared to its fair value and its price relative to the market?

31.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BKU ($40.14) is trading below our estimate of fair value ($58.29)

Significantly Below Fair Value: BKU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BKU's PE Ratio (10.8x) is in line with the US Banks industry average.

PE vs Market: BKU is good value based on its PE Ratio (10.8x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: BKU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BKU's PB Ratio (1.2x) is in line with the US Banks industry average.


Future Growth

How is BankUnited forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-6.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BKU's earnings are forecast to decline over the next 3 years (-6.2% per year).

Earnings vs Market: BKU's earnings are forecast to decline over the next 3 years (-6.2% per year).

High Growth Earnings: BKU's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BKU's revenue (4.9% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: BKU's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BKU's Return on Equity is forecast to be low in 3 years time (9.7%).


Past Performance

How has BankUnited performed over the past 5 years?

-3.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKU has high quality earnings.

Growing Profit Margin: BKU's current net profit margins (36.8%) are higher than last year (27.8%).


Past Earnings Growth Analysis

Earnings Trend: BKU's earnings have declined by 3.7% per year over the past 5 years.

Accelerating Growth: BKU's earnings growth over the past year (71.1%) exceeds its 5-year average (-3.7% per year).

Earnings vs Industry: BKU earnings growth over the past year (71.1%) exceeded the Banks industry 36%.


Return on Equity

High ROE: BKU's Return on Equity (11.2%) is considered low.


Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BKU's Assets to Equity ratio (11.3x) is moderate.

Allowance for Bad Loans: BKU has a low allowance for bad loans (60%).

Low Risk Liabilities: 88% of BKU's liabilities are made up of primarily low risk sources of funding.

Loan Level: BKU has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: BKU's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: BKU has an appropriate level of bad loans (1.3%).


Dividend

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

2.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BKU's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: BKU's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: BKU's dividends per share have been stable in the past 10 years.

Growing Dividend: BKU's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.4%), BKU's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BKU's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Raj Singh (50 yo)

4.67yrs

Tenure

US$4,676,581

Compensation

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. He was one of the founding organizers of our Company....


CEO Compensation Analysis

Compensation vs Market: Raj's total compensation ($USD4.68M) is about average for companies of similar size in the US market ($USD5.27M).

Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BKU's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: BKU's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BankUnited, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BankUnited, Inc.
  • Ticker: BKU
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$3.726b
  • Shares outstanding: 92.82m
  • Website: https://www.bankunited.com

Number of Employees


Location

  • BankUnited, Inc.
  • 14817 Oak Lane
  • Miami Lakes
  • Florida
  • 33016
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:07
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.