BankUnited, Inc. Reports Second Quarter 2016 Results

Go back to BankUnited, Inc. Reports Second Quarter 2016 Results

UBS Reiterates Buy BankUnited (BKU) Following 2Q Beat

July 21, 2016 9:20 AM EDT

UBS maintained a Buy rating on BankUnited (NYSE: BKU), and cut the price target to $34.00 (from $40.00), following the company's 2Q earnings report. UBS' 2016 EPS estimate is increasing to $2.11 due to the 2Q beat and the limited impact of lower loan growth this year. However, 2017 estimates... More

BankUnited (BKU) Tops Q2 EPS by 1c

July 20, 2016 6:45 AM EDT

BankUnited (NYSE: BKU) reported Q2 EPS of $0.52, $0.01 better than the analyst estimate of $0.51.

Performance Highlights

Total interest earning assets increased by $1.6 billion during the second quarter of 2016. New loans and leases, including equipment under operating lease, grew by $1.2 billion during the... More