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Bankunited (BKU)
NYSE:BKU
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.75Last Year’s EPS
0.64Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 22, 2025
|% Change Since: -1.69%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance with significant EPS growth, improved net interest margin, and robust deposit growth. However, challenges remain with a decline in the loan portfolio, an increase in non-performing loans, and the expectation of higher provisions in the coming year.Company Guidance
During the BankUnited Q4 2024 earnings call, the company provided detailed guidance for the upcoming year, emphasizing continued strong performance and strategic focus. Key metrics highlighted included an EPS growth trajectory from $0.62 in Q4 2023 to $0.91 in Q4 2024, with a net interest margin rising from 2.60% to 2.84% over the same period. The return on assets (ROA) improved from 52 basis points to 78 basis points, while the return on equity (ROE) increased from 7.3% to 9.7%. BankUnited's leadership outlined plans to grow noninterest-bearing demand deposits by double digits and total deposits by mid-single digits, aiming for a net interest margin exceeding 3% by late 2025. The call also noted a focus on maintaining a strong balance sheet, with a loan-to-deposit ratio at 87.2% and a CET1 capital ratio of 12%. Despite competition, the bank intends to sustain its strategic growth in core commercial segments while managing challenges in market conditions.Exceptional Earnings Per Share Growth
Earnings per share (EPS) increased from $0.62 in Q4 2023 to $0.91 in Q4 2024, surpassing the consensus of $0.73.
Net Interest Margin Improvement
Net interest margin increased to 2.84% in Q4 2024 from 2.78% in the previous quarter, driven by reduced deposit costs.
Strong Non-Interest Deposits Growth
Non-interest-bearing demand deposits (NIDDA) grew by $781 million for the year, contributing to overall deposit growth.
Credit Quality and Capital Strength
Net charge-offs were low at 16 basis points, with a CET1 capital ratio of 12% and a book value per share of $36.61.
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BKU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BKU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 22, 2025 | $40.13 | $39.59 | -1.35% |
| Oct 22, 2024 | $34.86 | $34.76 | -0.29% |
| Jul 18, 2024 | $34.12 | $35.65 | +4.48% |
| Apr 17, 2024 | $23.88 | $24.57 | +2.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bankunited (BKU) report earnings?
Bankunited (BKU) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Bankunited (BKU) earnings time?
Bankunited (BKU) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BKU EPS forecast?
BKU EPS forecast for the fiscal quarter 2025 (Q1) is 0.75.
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