BankUnited (BKU) Reported Q4 EPS of 50c

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Go back to BankUnited (BKU) Reported Q4 EPS of 50c

BankUnited, Inc. Reports 2018 Results

January 23, 2019 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 December31, 2018.

For the quarter ended December31, 2018, the Company reported net income of $52.4 million, or $0.50 per diluted share compared to $417.8 million, or $3.79 per diluted share, for the quarter ended December31, 2017. Excluding the impact of a discrete income tax benefit and related professional fees, net income for the quarter ended December31, 2017 was $94.8 million, or $0.86 per diluted share(1).

For the year ended December 31, 2018, the Company reported net income of $324.9 million, or $2.99 per diluted share, compared to... More