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Shares of BankUnited (NYSE:BKU) decreased 0.1% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share were up 421.21% year over year to $1.06, which beat the estimate of $0.74.
Revenue of $226,536,000 higher by 11.12% from the same period last year, which missed the estimate of $227,490,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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Details Of The Call
Date: Apr 22, 2021
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/4szef7et
Price Action
52-week high: $50.70
Company's 52-week low was at $13.47
Price action over last quarter: Up 15.48%
Company Overview
BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. Most of its revenue comprises net interest income derived mostly from loans.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.