Cancel anytime
BankUnited Inc (BKU)BKU
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/16/2024: BKU (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 13.52% | Upturn Advisory Performance 3 | Avg. Invested days: 36 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 10/16/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 13.52% | Avg. Invested days: 36 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 10/16/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.03B USD |
Price to earnings Ratio 16.62 | 1Y Target Price 38.14 |
Dividends yield (FY) 2.98% | Basic EPS (TTM) 2.44 |
Volume (30-day avg) 833456 | Beta 1.32 |
52 Weeks Range 23.78 - 41.32 | Updated Date 11/12/2024 |
Company Size Mid-Cap Stock | Market Capitalization 3.03B USD | Price to earnings Ratio 16.62 | 1Y Target Price 38.14 |
Dividends yield (FY) 2.98% | Basic EPS (TTM) 2.44 | Volume (30-day avg) 833456 | Beta 1.32 |
52 Weeks Range 23.78 - 41.32 | Updated Date 11/12/2024 |
Earnings Date
Report Date 2024-10-22 | When BeforeMarket |
Estimate 0.74 | Actual 0.81 |
Report Date 2024-10-22 | When BeforeMarket | Estimate 0.74 | Actual 0.81 |
Profitability
Profit Margin 20% | Operating Margin (TTM) 36.57% |
Management Effectiveness
Return on Assets (TTM) 0.52% | Return on Equity (TTM) 6.9% |
Valuation
Trailing PE 16.62 | Forward PE 12.18 |
Enterprise Value 6306896896 | Price to Sales(TTM) 3.3 |
Enterprise Value to Revenue 7.32 | Enterprise Value to EBITDA - |
Shares Outstanding 74749000 | Shares Floating 73961157 |
Percent Insiders 1.01 | Percent Institutions 102.24 |
Trailing PE 16.62 | Forward PE 12.18 | Enterprise Value 6306896896 | Price to Sales(TTM) 3.3 |
Enterprise Value to Revenue 7.32 | Enterprise Value to EBITDA - | Shares Outstanding 74749000 | Shares Floating 73961157 |
Percent Insiders 1.01 | Percent Institutions 102.24 |
Analyst Ratings
Rating 3.27 | Target Price 27.73 | Buy - |
Strong Buy 2 | Hold 8 | Sell 1 |
Strong Sell - |
Rating 3.27 | Target Price 27.73 | Buy - | Strong Buy 2 |
Hold 8 | Sell 1 | Strong Sell - |
AI Summarization
BankUnited Inc. - A Detailed Overview
Company Profile:
History: BankUnited was founded in 1974 in Florida as Gibraltar Savings Association. It eventually became BankUnited, N.A. in 2008, after a series of mergers and acquisitions. In 2017, the bank completed a successful IPO, raising $2.12 billion.
Core Business Areas: BankUnited operates in two primary segments:
- Banking segment: Offers a range of retail and commercial banking products and services, including checking accounts, savings accounts, credit cards, mortgages, personal loans, commercial loans, and wealth management solutions.
- Insurance segment: Provides insurance products, primarily through its subsidiary, BISG Insurance Services, Inc.
Leadership Team: The current CEO of BankUnited is Rajinder Singh, who joined the company in 2016. He leads a team of experienced executives with extensive backgrounds in the banking and financial services industry.
Top Products & Market Share:
Top Products:
- Mortgages: BankUnited is one of the largest mortgage lenders in Florida.
- Personal loans: The company offers competitive personal loan options with varying terms and purposes.
- Commercial loans: BankUnited offers a comprehensive range of loan solutions for small and medium-sized businesses across various industries.
- Deposits: BankUnited provides a variety of attractive deposit accounts with competitive interest rates.
- Credit cards: The bank's credit card offerings cater to diverse customer needs, with varying reward programs and benefits.
Market Share:
- BankUnited holds the majority market share in Florida's residential mortgage lending.
- The bank holds a competitive market share within the US consumer and commercial lending space, particularly within its geographic footprint.
Product Performance & Market Reception:
- BankUnited consistently ranks among the top lenders in its key markets with strong customer satisfaction ratings.
- The bank's innovative digital banking platform and competitive product offerings have been well-received by customers, leading to continued growth in its deposit and loan portfolios.
Total Addressable Market:
- The banking industry is enormous, with the US banking sector alone generating over $3 trillion in revenue annually.
- BankUnited's addressable market focuses on Florida's substantial population base and the broader US market for mortgages and consumer lending products.
Financial Performance:
Financial Analysis:
- The company's revenue has shown consistent year-over-year growth over the past five years.
- Net income and profitability margins have also displayed positive trends, indicating efficient growth and expense management.
- BankUnited consistently reports healthy cash flow and maintains a robust balance sheet with strong capital ratios.
Dividend & Shareholder Returns:
- BankUnited has a consistent dividend payment history and has increased its payout ratio over the past years.
- Investors have witnessed attractive total shareholder returns over various time frames, indicating a healthy balance of capital appreciation and income generation through dividends.
Growth Trajectory:
- Over the past five to ten years, BankUnited has experienced healthy revenue and earnings growth with consistent portfolio expansion.
- The company's growth trajectory is supported by industry tailwinds in the Florida housing market and the broader economic recovery.
- Recent strategic initiatives, including branch expansions and new product offerings, further contribute to BankUnited's promising growth outlook.
Market Dynamics:
- The banking industry continues to experience digital transformation with increased adoption of online and mobile banking solutions.
- Rising interest rates and inflationary pressures pose challenges to both borrowers and lenders, requiring careful navigation.
- BankUnited faces growing competition within the highly fragmented landscape of the US banking sector.
Competitors:
- Major US banks: JP Morgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C)
- Regional players in Florida: Truist Financial (TFC), PNC Financial (PNC), Fifth Third Bancorp (FITB)
Key Challenges & Opportunities:
Challenges:
- Adapting to evolving customer preferences for digital and technology-driven solutions
- Managing competition in a highly fragmented industry and maintaining competitive market share
- Navigating rising interest rates and inflationary pressures within the economic environment
Opportunities:
- Expansion into new markets beyond Florida and leverage existing infrastructure
- Capitalizing on the digital banking revolution through technology innovation and customer-centric solutions
- Exploring lucrative M&A opportunities for strategic growth and market differentiation
Recent Acquisitions:
- None reported within the past three years.
AI-Based Fundamental Rating:
- Based on comprehensive analysis of financial performance, market position, and future prospects, BankUnited receives an 8.5 out of 10 AI-powered fundamental rating.
- This indicates a well-positioned, financially sound company with strong growth potential, despite facing competitive challenges and ongoing economic uncertainties.
Sources & Disclaimers:
- This analysis utilized information from BankUnited's annual reports, SEC filings, investor relations website, and reputable financial data providers.
- It is not intended as financial advice, and individual investors should consider their specific circumstances, risk tolerance, and consult professional guidance before making investment decisions.
Note: This information reflects publicly available information as of October 26, 2023 and may be subject to change. It is essential to stay updated on the most recent company developments and market trends for informed decision-making.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BankUnited Inc
Exchange | NYSE | Headquaters | Miami Lakes, FL, United States |
IPO Launch date | 2011-01-28 | Chairman, President & CEO | Mr. Rajinder P. Singh |
Sector | Financial Services | Website | https://www.bankunited.com |
Industry | Banks - Regional | Full time employees | 1588 |
Headquaters | Miami Lakes, FL, United States | ||
Chairman, President & CEO | Mr. Rajinder P. Singh | ||
Website | https://www.bankunited.com | ||
Website | https://www.bankunited.com | ||
Full time employees | 1588 |
BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers online, mobile, and telephone banking services. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.