BankUnited (BKU) Tops Q4 EPS by 40c

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BankUnited, Inc. Reports 2021 Results

January 20, 2022 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 December 31, 2021.

"We are pleased with the quarter, with earnings of $1.41 per share, over $1 billion of loan growth, our best loan growth quarter since the second quarter of 2016, over $1 billion in deposit growth and margin expansion of 11 basis points. Our outlook for the Company going into 2022 is optimistic," said Rajinder Singh, Chairman, President and Chief Executive Officer.

For the quarter ended December 31, 2021, the Company reported net income of $125.3 million, or $1.41 per... More