BankUnited

BKU · NYSE · Financials · Financials, fiscal 2016 to 2025

BKU · Last close · November 6, 2026

$44.02

BankUnited's revenue rose 7.9% to $1.1 billion in fiscal 2025. Net income was $268 million, up 15.4%. Its return on equity was 9.2%, up from 8.6% a year earlier. Its efficiency ratio was 60.7%, down from 63.4% a year earlier. It paid out $137 million in dividends and buybacks. The diluted share count rose 0.4%.

BankUnited, Inc. Latest fiscal year ended December 31, 2025 10-K filed February 26, 2026 · 0001504008-26-000011 Updated November 6, 2026

Revenue

$1.1B

7.9%

Net income

$268M

15.4%

Return on equity

9.2%

0.5 pts

Return on tangible equity

8.9%

0.5 pts

Efficiency ratio

60.7%

2.6 pts

Market cap

$3.1B

Nov 6 close

P/E

11.9x

On $3.71 EPS, 4 qtrs

Return on equity is net income as a share of shareholders' equity; return on tangible equity leaves out goodwill and other intangible assets. The efficiency ratio is operating costs as a share of revenue, so lower means the bank spends less to earn each dollar. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

Charts show fiscal years, from the 10-K filings.

What BankUnited does

BankUnited is a bank holding company with total assets of $35.0 billion at the end of 2025. Its one subsidiary, BankUnited, is a national bank based in Miami Lakes, Florida, with operations in Florida, the New York tri-state area, Dallas, Atlanta and Charlotte. It serves individuals, small businesses, middle-market companies, large corporations and institutions, and offers some commercial lending and deposit products nationally and some consumer deposits online.

Its main focus is lending to small, middle-market and larger businesses. Commercial loans include lines of credit, equipment loans, owner-occupied commercial real estate loans, mortgage warehouse lines and subscription finance facilities. Two lending subsidiaries do equipment financing: Pinnacle, which finances state and local governments, and Bridge, which finances business and franchise equipment and is being de-emphasized. It also makes commercial real estate loans, mostly on apartments, industrial buildings, warehouses and shopping centers, and has pulled back on office lending.

BankUnited does not originate residential mortgages. It buys them, mainly closed-end first-lien jumbo loans, through correspondent channels and community partners. It says its strategy is to build a regional commercial and small business bank, and that it has grown mostly on its own rather than by acquisitions.

Its biggest risks, as it describes them

Failing to realize the expected benefits of its business strategy.
Credit losses as a lender, and an allowance for credit losses that may not be adequate.
Strong competition from other financial institutions.
Concerns about the stability of other regional and mid-size banks.
A credit rating downgrade, or being unable to raise capital when needed.

From BankUnited's annual report on Form 10-K, filed February 26, 2026, in our words; the 10-K has the full description and every risk factor. Updated with each new annual report.

Income statement

Revenue and net income

US$ billions, fiscal years; net losses in red. Revenue on the left axis, net income on the right; zero is the same line on both. Revenue is net of interest expense.

Revenue (left axis)Net income (right axis)

Efficiency ratio and net interest income

Percent of revenue. The efficiency ratio is noninterest expense over revenue.

Efficiency ratioNet interest income share

From fiscal 2016 to 2025, earnings per share grew 6.0% a year and net income 1.9% a year, as buybacks cut the share count by 28%.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Return on equity

Percent. Net income over average equity; tangible equity excludes goodwill, intangibles and preferred stock.

Return on equityReturn on tangible common equity

Balance sheet

Loans and deposits

US$ billions, at each fiscal year end

Loans, netDeposits

Total assets and shareholders' equity

US$ billions, at each fiscal year end. Assets on the left axis, equity on the right.

Total assets (left axis)Equity (right axis)

Five years at a glance

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Loans, net	23,639	24,738	24,431	24,075	24,054
Deposits	29,438	27,509	26,538	27,866	29,353
Loans to deposits	80.3%	89.9%	92.1%	86.4%	82.0%
Provision for credit losses	−67	75	79	59	68
Provision to average loans	−0.3%	0.3%	0.3%	0.2%	0.3%
Total assets	35,815	37,027	35,762	35,242	35,040
Shareholders' equity	3,038	2,436	2,578	2,814	3,054

US$ millions unless stated, at each fiscal year end.

Cash flow

Stock-based compensation and buybacks

US$ billions, fiscal years. Shares paid to employees (stock-based compensation, a cost that uses no cash) against cash spent buying shares back. Buybacks that only match it leave the share count roughly where it was.

Stock-based compensationShare buybacks

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Projections

Project BankUnited's revenue, net income and earnings per share five years ahead in a bull, a base and a bear case with your own figures, and see the share prices your P/E estimates give them. Every projected figure is yours: it is not a forecast of ours.

Open BankUnited's projections

Insider trades

Over the 12 months between November 7, 2025 and November 6, 2026, no insider bought BankUnited shares on the open market, and 5 insiders sold $975,842.

Buys and sells by month

US$ millions, open-market purchases (up) and sales (down) by officers, directors and 10% owners in each month.

BoughtSold

Date	Insider	Trade	Shares	Price	Value	Filing
Aug 13, 2026	Douglas J PaulsDirector	Sold	3,000	$47.90	$143,700	Form 4
Jun 15, 2026	Jay D. RichardsOfficer of Subsidiary	Sold	4,000	$48.67	$194,680	Form 4
Jun 1, 2026	John N. DiGiacomoDirector	Sold	1,000	$45.97	$45,970	Form 4
Mar 4, 2026	Kevin A. MalcolmOfficer of Subsidiary	Sold	3,447	$47.11	$162,388	Form 4
Feb 9, 2026	Sanjiv SobtiDirector	Sold	5,000	$50.88	$254,400	Form 4
Feb 3, 2026	Jay D. RichardsOfficer of Subsidiary	Sold	3,506	$49.83	$174,704	Form 4

Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Compare

Put BankUnited side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Net margin	Return on equity	Return on tangible equity	Efficiency ratio	Compare
BankUnited	FY25	7.9%	24.6%	9.2%	8.9%	60.7%
Home BancShares	FY25	7.2%	43.6%	11.5%	17.4%	42.0%	Compare
WSFS Financial	FY25	1.9%	27.0%	10.8%	17.1%	59.7%	Compare
United Community Banks	FY25	11.7%	30.9%	9.3%	12.2%	55.7%	Compare
First Interstate BancSystem	FY25	5.9%	28.5%	8.9%	13.3%	60.5%	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly.

10 years of figures

Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	977	1,108	1,182	900	885	930	991	961	1,013	1,093
Revenue growth	15.2%	13.4%	6.7%	−23.9%	−1.7%	5.1%	6.5%	−3.0%	5.5%	7.9%
Net interest income	870	950	1,050	753	752	796	913	874	914	988
Noninterest income	106	158	132	147	133	134	78	87	99	106
Noninterest expense	590	635	740	487	457	548	540	636	642	664
Provision for credit losses	—	—	—	9	178	−67	75	79	59	68
Net income	226	614	325	313	198	415	285	179	232	268
Diluted EPS (US$)	2.09	5.58	2.99	3.13	2.06	4.52	3.54	2.38	3.08	3.53
Diluted shares (millions)	104	106	104	96	92	90	79	74	74	74
Payouts
Dividends paid	90	92	91	84	86	86	79	79	86	92
Share buybacks	0	0	300	154	101	318	401	55	0	45
Balance sheet at fiscal year end
Loans, net	18,630	20,769	21,867	23,046	23,609	23,639	24,738	24,431	24,075	24,054
Deposits	19,491	21,878	23,474	24,395	27,496	29,438	27,509	26,538	27,866	29,353
Total assets	27,880	30,347	32,164	32,871	35,010	35,815	37,027	35,762	35,242	35,040
Shareholders' equity	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814	3,054
Ratios
Return on equity	9.7%	22.6%	10.9%	10.6%	6.6%	13.8%	10.4%	7.1%	8.6%	9.2%
Return on tangible common equity	9.6%	22.4%	10.8%	10.4%	6.4%	13.6%	10.2%	7.0%	8.5%	8.9%
Return on assets	0.9%	2.1%	1.0%	1.0%	0.6%	1.2%	0.8%	0.5%	0.7%	0.8%
Efficiency ratio	60.5%	57.3%	62.6%	54.1%	51.7%	58.9%	54.5%	66.2%	63.4%	60.7%

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: BankUnited's Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with BankUnited.