
BankUnited (BKU) Stock Forecast & Price Target
BankUnited (BKU) Analyst Ratings
Bulls say
BankUnited Inc. has demonstrated strong deposit growth, with noninterest-bearing deposits increasing by 13% quarter-over-quarter, now comprising 32% of total deposits, compared to 29% in the previous quarter. Additionally, the bank's net interest margin has expanded by 8 basis points to reach 3.00%, primarily supported by an improved funding mix and a decline in the cost of deposits. The company maintains healthy capital levels, with a common equity tier 1 (CET1) ratio increasing sequentially to 12.5%, reflecting a solid and stable financial foundation moving forward.
Bears say
BankUnited's financial analysis reveals growing concerns regarding the bank's core loan growth, which has been revised down to mid-single digits, coupled with a sequential decrease of 1.0% in total loans to $23.7 billion, primarily due to declining residential loan balances. Additionally, the bank's core noninterest income experienced an approximate 8% decline sequentially, suggesting potential challenges in revenue generation amidst a backdrop of external credit concerns and a lower anticipated return on tangible common equity. Furthermore, the financial outlook is clouded by regional economic vulnerabilities in Florida, which could exacerbate existing investor apprehensions regarding credit quality and execution risks associated with the bank's growth strategies.
This aggregate rating is based on analysts' research of BankUnited and is not a guaranteed prediction by Public.com or investment advice.
BankUnited (BKU) Analyst Forecast & Price Prediction
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