BankUnited (BKU) Tops Q2 EPS by 14c

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BankUnited, Inc. Reports Second Quarter 2019 Results

July 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 June 30, 2019.

For the quarter ended June 30, 2019, the Company reported net income of $81.5 million, or $0.81 per diluted share compared to $89.9 million, or $0.82 per diluted share, for the quarter ended June 30, 2018. Non-loss share diluted earnings per share, as previously reported,(1) for the quarter ended June 30, 2018 was $0.59.

For the six months ended June 30, 2019, the Company reported net income of $147.4 million, or $1.45 per diluted share compared to $175.1 million, or $1.59 per diluted share, for the six months ended... More