18.82 0.00 (0.00%)
After hours: 4:24PM EDT
|Bid||18.02 x 800|
|Ask||18.74 x 800|
|Day's range||18.65 - 19.58|
|52-week range||13.47 - 37.60|
|Beta (5Y monthly)||1.29|
|PE ratio (TTM)||8.64|
|Earnings date||22 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||0.92 (4.83%)|
|Ex-dividend date||13 Apr 2020|
|1y target est||22.80|
BankUnited, Inc. (NYSE: BKU) announced today that financial results for the quarter ended March 31, 2020 will be made public in a news release on Wednesday, April 29, 2020 prior to the market opening.
BankUnited, Inc. (NYSE: BKU) has temporarily suspended its share repurchase program and retains the ability to reinstate it as circumstances warrant.
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
While growth in loan and deposit balances, and net revenues along with fall in provisions support People's United's (PBCT) Q4 earnings, escalating non-interest expenses hurt.
While growth in loan balance and net revenues support Hancock Whitney's (HWC) Q4 earnings, escalating operating expenses and decline in deposits hurt.
Investor sentiment upbeat on banks' Q3 earnings, with the major players displaying top-line strength on the back of higher fee income and loan growth.
While growth in loan and deposit balance, along with rise in fee income, support Hancock Whitney's (HWC) Q3 earnings, escalating operating expenses and higher credit costs hurt the company's results.
The Fed seeks to remain focused on analyzing incoming economic data to determine future moves. Heathy domestic economy and several streamlining efforts are likely continue supporting bank stocks.
Moody's reiterates BankUnited's (BKU) ratings, courtesy of the efforts to develop direct banking franchise organically, and improvement in its loan portfolio.