| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 5.4MM | -0% |
| Operating Income | -188.7MM | -402% |
| Operating Expenses | -254.2MM | -273% |
| Net Income | -137MM | -392% |
| Compensation | 73.5MM | +7% |
| Technology | 18.6MM | -3% |
| Professional Service | 5.1MM | +87% |
| Interest Expense | -451.8MM | -277% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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BankUnited (BKU) Q1 earnings beat estimates on the back of higher non-interest income and lower provisions. However, high costs, a decline in loan balance and lower NII turn out to be spoilsports.
U.S. stocks closed lower on Wednesday amid ongoing geopolitical tensions and a cautious Federal Reserve commentary, with falling crude prices adding to the market pressure.
Although the revenue and EPS for BankUnited (BKU) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Detailed Analysis of BankUnited's Financial Performance and Strategic Execution
BankUnited (BKU) delivered earnings and revenue surprises of 3.23% and 0.79%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
MIAMI LAKES, Fla., April 17, 2024--Q1 2024 Earnings Results
BankUnited's (BKU) decent loan and deposit balances and strong fee income sources are likely to bolster revenue growth. However, an elevated expense base and weak asset quality remain concerns.
MIAMI LAKES, Fla., April 02, 2024--BankUnited, Inc. (NYSE: BKU) announced today that financial results for the quarter ended March 31, 2024 will be made public in a news release on Wednesday, April 17, 2024 prior to the market opening.
BankUnited (BKU) announces a dividend hike of 7.4% to 29 cents per share. Given the decent liquidity and balance sheet position, this looks sustainable.
BankUnited, Inc. ( NYSE:BKU ) will increase its dividend on the 30th of April to $0.29, which is 7.4% higher than last...