BankUnited (BKU) Tops Q4 EPS by 19c
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BankUnited, Inc. Reports 2020 Results
January 21, 2021 6:45 AM ESTMIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (the Company) (NYSE: BKU) today announced financial results for the quarter and year ended December 31, 2020.
Overall, this was an excellent quarter. We saw improvement in the economic outlook leading to a reduction in credit costs and continued to execute on our core strategy of improving the deposit mix, lowering the cost of funds and growing net interest income," said Rajinder Singh, Chairman, President and Chief Executive Officer.
For the quarter ended December 31, 2020, the Company reported net income of $85.7 million, or $0.89 per diluted share, compared to... More
