BankUnited (BKU) Tops Q4 EPS by 5c

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BankUnited, Inc. Reports 2016 Results

January 25, 2017 6:45 AM EST

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (the Company) (NYSE: BKU) today announced financial results for the quarter and year ended December 31, 2016.

For the quarter ended December 31, 2016, the Company reported net income of $63.3 million, or $0.59 per diluted share, compared to $56.3 million, or $0.52 per diluted share, for the quarter ended December 31, 2015.

For the year ended December 31, 2016, the Company reported net income of $225.7 million, or $2.09 per diluted share. The Company reported net income of $251.7 million, or $2.35 per diluted share, for the year ended December 31, 2015. Excluding the impact of a discrete income tax benefit and... More