BankUnited (BKU) May Sell Itself Just One Year After IPO
Get Alerts BKU Hot Sheet
Price: $44.78 -0.86%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +6.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +6.5%
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BankUnited (NYSE: BKU) might just be having a record year.
Just about one year after going public, BankUnited may be in discussions with Goldman Sachs (NYSE: GS) about a potential sale, among other options, Bloomberg reported Friday.
Still holding stakes in the company are Centerbridge Capital, WL Ross & Co., Blackstone (NYSE: BX), and Carlyle Group.
BankUnited is said to be the second-biggest lender by deposits, which totaled $6.9 billion as of June 30th.
After surging about 11 percent as the rumor hit wires, shares were halted on a circuit breaker. Gains have been pared since: shares last traded at $24.26, up 4.8 percent from Thursday's close.
Just about one year after going public, BankUnited may be in discussions with Goldman Sachs (NYSE: GS) about a potential sale, among other options, Bloomberg reported Friday.
Still holding stakes in the company are Centerbridge Capital, WL Ross & Co., Blackstone (NYSE: BX), and Carlyle Group.
BankUnited is said to be the second-biggest lender by deposits, which totaled $6.9 billion as of June 30th.
After surging about 11 percent as the rumor hit wires, shares were halted on a circuit breaker. Gains have been pared since: shares last traded at $24.26, up 4.8 percent from Thursday's close.
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