UPDATE: JPMorgan Downgrades BankUnited (BKU) to Underweight
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BankUnited, Inc. Reports First Quarter 2022 Results
April 21, 2022 6:45 AM EDTMIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited, Inc. (the Company) (NYSE: BKU) today announced financial results for the quarter ended March 31, 2022.
"Despite the recent volatility in capital markets, we continue to see strength in our local economies. Consequently we remain optimistic about the rest of 2022 and continue to invest in and grow our core franchise -- one client at a time,"Â said Rajinder Singh, Chairman, President and Chief Executive Officer.
For the quarter ended March 31, 2022, the Company reported net income of $67.2 million, or $0.79 per diluted share, compared to $125.3 million or $1.41 per diluted... More
