Bankunited, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 23, 2019 at 11:45 am
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BankUnited, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 295.053 million compared to USD 238.826 million a year ago. Net income was USD 52.403 million compared to USD 417.794 million a year ago. Basic earnings per share was USD 0.5 compared to USD 3.8 a year ago. Diluted earnings per share was USD 0.5 compared to USD 3.79 a year ago. For the full year, net interest income was USD 1,050.093 million compared to USD 950.272 million a year ago. Net income was USD 324.866 million compared to USD 614.273 million a year ago. Basic earnings per share was USD 3.01 compared to USD 5.6 a year ago. Diluted earnings per share was USD 2.99 compared to USD 5.58 a year ago.
BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bankâs lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.
BANKUNITED, INC. 
