BankUnited (NYSE:BKU) released its earnings results on Wednesday. The financial services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.59, MarketWatch Earnings reports. BankUnited had a net margin of 15.86% and a return on equity of 7.54%. The company had revenue of $228.69 million for the quarter, compared to analysts’ expectations of $217.68 million. During the same quarter last year, the business earned $0.81 EPS.
NYSE BKU traded down $0.52 on Friday, hitting $20.14. 1,106,768 shares of the stock were exchanged, compared to its average volume of 925,834. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a fifty day moving average price of $19.10 and a two-hundred day moving average price of $23.00. The firm has a market capitalization of $1.86 billion, a P/E ratio of 9.37, a P/E/G ratio of 7.78 and a beta of 1.31. BankUnited has a 52-week low of $13.47 and a 52-week high of $37.60.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 4.57%. The ex-dividend date was Tuesday, July 14th. BankUnited’s payout ratio is 29.39%.
BankUnited Company Profile
BankUnited, Inc operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, savings accounts, and certificates of deposit; and treasury management services.
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