BKU

MKT CAP:$3B

BankUnited, Inc.

Market Cap

$3B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$46.81+$2.05 (+4.58%)

Apr 23, 2026

Company Details

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...

CEO

Rajinder Singh

IPO Date

Jan 28, 2011

Website

www.bankunited.com

Key Metrics TTM

Revenue

$2.1B

+7.1% YoY

Net Income

$272M

EPS (Diluted)

$3.56

Free Cash Flow

$359M

Revenue / Share

$27.59

Gross Margin

50.3%

Operating Margin

16.9%

Net Margin

12.8%

FCF Margin

16.9%

P/S

1.6x

P/E

12.5x

Earnings Reports

Q1 2026

Apr 22, 2026

NEW

$447M-4.1%EPS $0.80

FY 2025

Feb 26, 2026

$2.1B+5.8%EPS $3.54

Q4 2025

Feb 26, 2026

$472M-4.2%EPS $0.90

Q3 2025

Nov 5, 2025

$722M+40.2%EPS $0.95

Q2 2025

Aug 5, 2025

$482M-5.1%EPS $0.91

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$280M	$215M	$87M
Q3 22	$349M	$255M	$117M
Q4 22	$428M	$230M	$82M
Q1 23	$457M	$225M	$72M
Q2 23	$489M	$224M	$79M
Q3 23	$498M	$210M	$62M
Q4 23	$500M	$215M	$24M
Q1 24	$508M	$226M	$67M
Q2 24	$507M	$231M	$73M
Q3 24	$515M	$248M	$83M
Q4 24	$493M	$253M	$93M
Q1 25	$466M	$240M	$80M
Q2 25	$482M	$258M	$94M
Q3 25	$722M	$273M	$94M
Q4 25	$472M	$288M	$90M
Q1 26	$447M	$249M	$82M

Valuation

Quarter	P/S	P/E
Q2 22	2.6x	8.2x
Q3 22	2.3x	7.7x
Q4 22	1.9x	8.8x
Q1 23	1.1x	6.0x
Q2 23	1.0x	6.2x
Q3 23	0.9x	7.3x
Q4 23	1.2x	13.0x
Q1 24	1.0x	11.6x
Q2 24	1.1x	12.5x
Q3 24	1.3x	14.6x
Q4 24	1.4x	12.1x
Q1 25	1.3x	10.4x
Q2 25	1.3x	10.2x
Q3 25	1.3x	10.5x
Q4 25	1.5x	12.3x
Q1 26	1.6x	12.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$457M	$457M
Q2 22	$598M	$598M
Q3 22	$262M	$262M
Q4 22	-$23M	-$23M
Q1 23	$141M	$141M
Q2 23	$282M	$282M
Q3 23	$170M	$170M
Q4 23	$64M	$64M
Q1 24	$66M	$66M
Q2 24	$136M	$136M
Q3 24	$46M	$46M
Q4 24	$186M	$186M
Q1 25	$16M	$16M
Q2 25	$118M	$118M
Q3 25	$100M	$100M
Q4 25	$125M	$125M

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+2.1%	+43.6%
Q3 22	+34.4%	+59.5%
Q4 22	+51.1%	+57.5%
Q1 23	+82.6%	+138.5%
Q2 23	+74.3%	+112.6%
Q3 23	+42.7%	+87.8%
Q4 23	+16.8%	+37.4%
Q1 24	+11.2%	+14.5%
Q2 24	+3.8%	+5.9%
Q3 24	+3.4%	-0.9%
Q4 24	-1.4%	-15.9%
Q1 25	-8.3%	-12.5%
Q2 25	-5.1%	-10.8%
Q3 25	+40.2%	+45.6%
Q4 25	-4.2%	-4.4%
Q1 26	-4.1%	-5.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	1.6%
Q2 22	$8M	2.8%
Q3 22	$2M	0.4%
Q4 22	$7M	1.6%
Q1 23	$5M	1.2%
Q2 23	$5M	1.0%
Q3 23	$5M	1.1%
Q4 23	$4M	0.8%
Q1 24	$6M	1.2%
Q2 24	$5M	0.9%
Q3 24	$5M	1.1%
Q4 24	$6M	1.1%
Q1 25	$5M	1.1%
Q2 25	$5M	1.0%
Q3 25	$5M	0.7%
Q4 25	$6M	1.2%

OpEx Breakdown

Quarter	G&A
Q2 22	$66M
Q3 22	$70M
Q4 22	$76M
Q1 23	$79M
Q2 23	$75M
Q3 23	$77M
Q4 23	$117M
Q1 24	$89M
Q2 24	$84M
Q3 24	$89M
Q4 24	$89M
Q1 25	$90M
Q2 25	$90M
Q3 25	$180M
Q4 25	$173M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$514M	$0	$514M
Q3 22	$726M	$0	$726M
Q4 22	$573M	$0	$573M
Q1 23	$904M	$0	$904M
Q2 23	$301M	$0	$301M
Q3 23	$392M	$8.8B	$9.2B
Q4 23	$588M	$0	$588M
Q1 24	$421M	$8.9B	$9.3B
Q2 24	$433M	$8.9B	$9.3B
Q3 24	$890M	$9.1B	$10.0B
Q4 24	$491M	$0	$491M
Q1 25	$444M	$9.1B	$9.5B
Q2 25	$801M	$9.4B	$10.2B
Q3 25	$560M	$877M	$1.4B
Q4 25	$218M	$0	$218M
Q1 26	$13M	$0	$13M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	79M	-5.4%	-13.9%
Q3 22	77M	-2.9%	-15.3%
Q4 22	76M	-1.7%	-12.8%
Q1 23	74M	-2.4%	-11.8%
Q2 23	73M	-0.8%	-7.5%
Q3 23	74M	+0.5%	-4.3%
Q4 23	73M	-0.4%	-3.1%
Q1 24	74M	+0.2%	-0.5%
Q2 24	74M	+0.5%	+0.8%
Q3 24	74M	+0.6%	+1.0%
Q4 24	74M	-0.3%	+1.1%
Q1 25	74M	+0.1%	+1.0%
Q2 25	74M	0.0%	+0.5%
Q3 25	74M	0.0%	-0.2%
Q4 25	77M	+3.5%	+3.6%
Q1 26	77M	0.0%	+3.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$191.4K	1K
Q3 22	$238.3K	1K
Q4 22	$268.0K	2K
Q1 23	$286.0K	2K
Q2 23	$305.9K	2K
Q3 23	$311.8K	2K
Q4 23	$315.0K	2K
Q1 24	$320.1K	2K
Q2 24	$319.6K	2K
Q3 24	$324.5K	2K
Q4 24	$296.7K	2K
Q1 25	$280.4K	2K
Q2 25	$289.8K	2K
Q3 25	$434.7K	2K
Q4 25	$264.6K	2K
Q1 26	$250.4K	2K

Revenue / Employee