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AI brief of an SEC Form 8-K · BankUnited (BKU)

BankUnited Q3 net income rises to $61.5 million, or $0.81 per diluted share

Positive Impact 3 of 5 earnings Written later

BankUnited, Inc. reported third-quarter 2024 net income of $61.5 million, or $0.81 per diluted share, up from $53.7 million, or $0.72 per share, in the prior quarter and $47.0 million, or $0.63 per share, a year earlier. Net interest margin widened to 2.78% from 2.72%, but non-performing loans rose to 0.92% of total loans from 0.70%, mainly due to two commercial and industrial loans, so shareholders see higher profit alongside weaker credit indicators.

Key points

  • Net income $61.5 million; diluted EPS $0.81, versus $0.72 in the June 30, 2024 quarter and $0.63 a year earlier
  • Net interest margin 2.78% for the quarter, up from 2.72% in the prior quarter
  • Non-performing loans 0.92% of total loans at September 30, 2024, up from 0.70% at June 30, 2024
  • Book value per common share $37.56 at September 30, 2024, up from $36.11 at June 30, 2024

The filing

CompanyBankUnited (BKU)
Form8-K, current report
Filed with the SECOct 22, 2024, 6:55 AM ET
Accession number0001504008-24-000027

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.