BankUnited (BKU) Tops Q2 EPS by 4c

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BankUnited, Inc. Reports Second Quarter 2018 Results

July 24, 2018 6:45 AM EDT

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (the Company) (NYSE: BKU) today announced financial results for the quarter ended June 30, 2018.

For the quarter ended June 30, 2018, the Company reported net income of $89.9 million, or $0.82 per diluted share compared to $66.4 million, or $0.60 per diluted share, for the quarter ended June 30, 2017, a 37% increase in diluted earnings per share. For the six months ended June 30, 2018, the Company reported net income of $175.1 million, or $1.59 per diluted share, compared to $128.7 million, or $1.17 per diluted share, for the six months ended June 30, 2017.

The annualized return on average stockholders equity for... More