BankUnited Management

Management criteria checks 4/4

BankUnited's CEO is Raj Singh, appointed in Jan 2017, has a tenure of 7.33 years. total yearly compensation is $5.96M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $7.50M. The average tenure of the management team and the board of directors is 7.3 years and 9.4 years respectively.

Key information

Raj Singh

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage	17.6%
CEO tenure	7.3yrs
CEO ownership	0.4%
Management average tenure	7.3yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

Downgrading BankUnited After A Fantastic Run Higher

Apr 05

BankUnited's (NYSE:BKU) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 04

BankUnited (NYSE:BKU) Is Increasing Its Dividend To $0.29

Feb 26

BankUnited: Balance Sheet Optimization Poised To Create Upside

Dec 04

BankUnited: Dividend Yield Of 4.37%, But It's Not All That Makes This Stock A Buy

Sep 20

BankUnited: Worth Consideration Despite Some Weak Spots

Jun 30

BankUnited raises dividend by 8% to $0.27

Feb 23

BankUnited GAAP EPS of $0.82 misses by $0.27, revenue of $269.9M beats by $0.55M

Jan 19

BankUnited declares $0.25 dividend

Dec 20

BankUnited: Valuation And Deposit Costs Offset Sound Growth Investments

Nov 14

BankUnited GAAP EPS of $1.12 beats by $0.10, revenue of $258.91M misses by $1.14M

Oct 20

BankUnited declares $0.25 dividend

Sep 26

BankUnited GAAP EPS of $0.82 misses by $0.08, revenue of $238.86M misses by $6.56M

Jul 21

CEO Compensation Analysis

How has Raj Singh's remuneration changed compared to BankUnited's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$170m
Dec 31 2023	US$6m	US$1m	US$175m
Sep 30 2023	n/a	n/a	US$218m
Jun 30 2023	n/a	n/a	US$258m
Mar 31 2023	n/a	n/a	US$266m
Dec 31 2022	US$6m	US$1m	US$280m
Sep 30 2022	n/a	n/a	US$340m
Jun 30 2022	n/a	n/a	US$340m
Mar 31 2022	n/a	n/a	US$378m
Dec 31 2021	US$6m	US$1m	US$409m
Sep 30 2021	n/a	n/a	US$368m
Jun 30 2021	n/a	n/a	US$346m
Mar 31 2021	n/a	n/a	US$316m
Dec 31 2020	US$5m	US$1m	US$189m
Sep 30 2020	n/a	n/a	US$193m
Jun 30 2020	n/a	n/a	US$202m
Mar 31 2020	n/a	n/a	US$207m
Dec 31 2019	US$5m	US$1m	US$300m
Sep 30 2019	n/a	n/a	US$264m
Jun 30 2019	n/a	n/a	US$285m
Mar 31 2019	n/a	n/a	US$293m
Dec 31 2018	US$6m	US$985k	US$312m
Sep 30 2018	n/a	n/a	US$664m
Jun 30 2018	n/a	n/a	US$636m
Mar 31 2018	n/a	n/a	US$613m
Dec 31 2017	US$5m	US$935k	US$591m

Compensation vs Market: Raj's total compensation ($USD5.96M) is about average for companies of similar size in the US market ($USD5.72M).

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

CEO

Raj Singh (52 yo)

7.3yrs

Tenure

US$5,962,451

Compensation

Mr. Rajinder P. Singh, also known as Raj, serves as Director at Federal Reserve Bank of Atlanta since January 01, 2023. Mr. Singh has been the Chief Executive Officer and President of BankUnited, Inc. sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rajinder Singh	Chairman	7.3yrs	US$5.96m	0.38% $ 7.5m
Leslie Lunak	Chief Financial Officer	11.2yrs	US$1.80m	0.11% $ 2.2m
Thomas Cornish	Chief Operating Officer	7.3yrs	US$3.10m	0.15% $ 3.0m
Rishi Bansal	Chief Investment Officer of BankUnited	no data	US$1.79m	0.026% $ 516.5k
Jay Richards	Chief Risk Officer of BankUnited	4.7yrs	US$1.25m	0.063% $ 1.3m
Christopher Perry	Executive VP & Director of Human Resources	no data	no data	no data
Claire Raley	Senior VP & Community Development Officer	11.1yrs	no data	no data
Joseph DiSanti	Senior Vice President of Corporate Banking	no data	no data	no data
Lisa Shim	Executive VP & Head of Consumer and Small Business	no data	no data	no data
Benjamin Stacks	Executive VP & Manager of Commercial Real Estate Lending for North Region	5.7yrs	no data	no data
Joshua Kesner	Senior VP & Director of Commercial Card Services	4.9yrs	no data	no data
Filippo Ghia	Executive VP & Executive Risk Officer	no data	no data	no data

7.3yrs

Average Tenure

52yo

Average Age

Experienced Management: BKU's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rajinder Singh	Chairman	10.8yrs	US$5.96m	0.38% $ 7.5m
Sanjiv Sobti	Independent Director	10yrs	US$225.01k	0.022% $ 440.0k
William Rubenstein	Independent Director	6.8yrs	US$165.04k	0.021% $ 423.0k
Douglas Pauls	Lead Independent Director	10yrs	US$235.03k	0.058% $ 1.2m
Michael Dowling	Independent Director	11yrs	US$165.01k	0.027% $ 546.9k
Lynne Wines	Independent Director	8.8yrs	US$190.04k	0.025% $ 493.6k
Tere Blanca	Independent Director	10.7yrs	US$140.01k	0.027% $ 546.9k
John DiGiacomo	Independent Director	5.8yrs	US$165.01k	0.017% $ 338.5k
A. Prudenti	Independent Director	8.8yrs	US$140.01k	0.019% $ 379.3k
Germaine Smith-Baugh	Independent Director	less than a year	US$113.84k	0.0055% $ 110.5k

9.4yrs

Average Tenure

63yo

Average Age

Experienced Board: BKU's board of directors are considered experienced (9.4 years average tenure).

BankUnited Management

Management criteria checks 4/4

Key information

Recent management updates

Chairman exercised options and sold US$2.4m worth of stock

BankUnited, Inc. Appoints Germaine Smith-Baugh as Director

BankUnited Inc. Announces New Corporate Banking Team in New York

Chairman exercised options and sold US$497k worth of stock

Independent Director recently sold US$168k worth of stock

Insufficient new directors

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

BankUnited, Inc. Reports Net Charge-Offs Results for the First Quarter Ended March 31, 2024

Downgrading BankUnited After A Fantastic Run Higher

BankUnited's (NYSE:BKU) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming dividend of US$0.29 per share

BankUnited, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Chairman exercised options and sold US$2.4m worth of stock

BankUnited (NYSE:BKU) Is Increasing Its Dividend To $0.29

Fourth quarter dividend increased to US$0.29

BankUnited, Inc. Declares Quarterly Dividend, Payable on April 30, 2024

Investor sentiment deteriorates as stock falls 16%

BankUnited, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.2% to US$31.79

New major risk - Revenue and earnings growth

BankUnited, Inc. Announces Quarterly Dividend, Payable on January 31, 2024

BankUnited: Balance Sheet Optimization Poised To Create Upside

Investor sentiment improves as stock rises 19%

Now 20% undervalued after recent price drop

New major risk - Revenue and earnings growth

BankUnited, Inc. Announces Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Profit margin trend

BankUnited, Inc. to Report Q3, 2023 Results on Oct 19, 2023

Upcoming dividend of US$0.27 per share at 5.0% yield

BankUnited, Inc. Announces Quarterly Dividend, Payable on October 31, 2023

BankUnited: Dividend Yield Of 4.37%, But It's Not All That Makes This Stock A Buy

Price target increased by 15% to US$30.65

BankUnited, Inc. Reports Net Charge-Offs Results for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.27 per share at 4.9% yield

BankUnited, Inc. to Report Q2, 2023 Results on Jul 25, 2023

BankUnited: Worth Consideration Despite Some Weak Spots

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 16%

BankUnited, Inc. Appoints Germaine Smith-Baugh as Director

BankUnited Inc. Announces New Corporate Banking Team in New York

Investor sentiment deteriorates as stock falls 20%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.27 per share at 4.8% yield

Price target decreased by 8.2% to US$32.68

Chairman exercised options and sold US$497k worth of stock

Now 22% undervalued after recent price drop

BankUnited raises dividend by 8% to $0.27

Full year 2022 earnings: EPS and revenues miss analyst expectations

BankUnited GAAP EPS of $0.82 misses by $0.27, revenue of $269.9M beats by $0.55M

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.25 per share

BankUnited, Inc. to Report Q4, 2022 Results on Jan 19, 2023

BankUnited, Inc. Declares Quarterly Cash Dividend, Payable on January 31, 2023

BankUnited declares $0.25 dividend

Independent Director recently sold US$168k worth of stock

Insufficient new directors

BankUnited: Valuation And Deposit Costs Offset Sound Growth Investments

Independent Director recently sold US$168k worth of stock

Third quarter 2022 earnings: EPS exceeds analyst expectations

BankUnited GAAP EPS of $1.12 beats by $0.10, revenue of $258.91M misses by $1.14M

Upcoming dividend of US$0.25 per share

BankUnited, Inc. to Report Q3, 2022 Results on Oct 20, 2022

BankUnited, Inc. Announces Quarterly Dividend Payable on October 31, 2022

BankUnited declares $0.25 dividend

BankUnited, Inc. (NYSE:BKU) announces an Equity Buyback for $150 million worth of its shares.

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

BankUnited GAAP EPS of $0.82 misses by $0.08, revenue of $238.86M misses by $6.56M

Upcoming dividend of US$0.25 per share

BankUnited, Inc. to Report Q2, 2022 Results on Jul 21, 2022