BankUnited (BKU) Tops Q1 EPS by 1c

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Go back to BankUnited (BKU) Tops Q1 EPS by 1c

BankUnited, Inc. Reports First Quarter 2019 Results

April 24, 2019 6:45 AM EDT

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited,Inc. (the Company) (NYSE: BKU) today announced financial results for the quarter ended March31, 2019.

For the quarter ended March31, 2019, the Company reported net income of $66.0 million, or $0.65 per diluted share compared to $85.2 million, or $0.77 per diluted share, for the quarter ended March31, 2018. Non-loss share diluted earnings per share, as previously reported,(1) for the quarter ended March31, 2018 was $0.54.

The annualized return on average stockholders equity for the three months ended March 31, 2019 was 9.05%, while the annualized return on average assets was 0.82%.

Rajinder Singh, Chairman, President and Chief... More