Interested in BankUnited, Inc.? Here are five stocks we like better.
BankUnited reported Q2 2026 net income of about $71 million, or $0.97 per share, with management emphasizing record growth in non-interest-bearing demand deposits (NIDDA), which reached 34.4% of total deposits.
Deposit growth helped lift profitability: total deposits excluding brokered deposits rose $1.1 billion, net interest margin improved to 3.06%, and average deposit costs declined as the bank reduced reliance on higher-cost wholesale funding.
Loan growth lagged expectations because of tougher competition and tighter pricing in lending, prompting BankUnited to cut some business and lower its full-year core loan growth outlook to 4% to 5% from 6%.
BankUnited (NYSE:BKU) reported second-quarter 2026 net income of about $71 million, or $0.97 per share, as management highlighted record non-interest-bearing demand deposit growth, improved profitability metrics and a more cautious approach to loan growth amid heightened competition.
#Growth #income #Share
BankUnited reported Q2 2026 net income of about $71 million, or $0.97 per share, with management emphasizing record growth in non-interest-bearing demand deposits (NIDDA), which reached 34.4% of total deposits.
Deposit growth helped lift profitability: total deposits excluding brokered deposits rose $1.1 billion, net interest margin improved to 3.06%, and average deposit costs declined as the bank reduced reliance on higher-cost wholesale funding.
Loan growth lagged expectations because of tougher competition and tighter pricing in lending, prompting BankUnited to cut some business and lower its full-year core loan growth outlook to 4% to 5% from 6%.
BankUnited (NYSE:BKU) reported second-quarter 2026 net income of about $71 million, or $0.97 per share, as management highlighted record non-interest-bearing demand deposit growth, improved profitability metrics and a more cautious approach to loan growth amid heightened competition.
#Growth #income #Share
3 months ago
