BankUnited Inc reports results for the quarter ended December 31 - Earnings Summary

• BankUnited Inc BKU.N reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of eleven analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 64 cents to 83 cents per share.

• Revenue rose 12.9% to $264.46 million from a year ago; analysts expected $261.08 million.

• BankUnited Inc's reported EPS for the quarter was 91 cents​.

• The company reported quarterly net income of $67.7 million.

• BankUnited Inc shares had risen by 5.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for BankUnited Inc is $43.25

This summary was machine generated from LSEG data January 22 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)