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

BankUnited Q4 net income rises to $69.3 million, or $0.91 per diluted share

Positive Impact 3 of 5 earnings Written later

BankUnited reported net income of $69.3 million, or $0.91 per diluted share, for the quarter ended December 31, 2024, up from $61.5 million, or $0.81, in the prior quarter and $20.8 million, or $0.27, a year earlier. For the full year, net income was $232.5 million, or $3.08 per diluted share, compared with $178.7 million, or $2.38, in 2023. Non-performing loans rose to $250.7 million, mainly from one commercial real estate office loan, which is a credit-quality point shareholders may watch.

Key points

  • Q4 2024 net income $69.3 million, $0.91 per diluted share, versus $61.5 million, $0.81 in Q3 2024
  • Full-year 2024 net income $232.5 million, $3.08 per diluted share, versus $2.38 in 2023
  • Net interest margin 2.84% for Q4 2024, up from 2.78% in Q3 2024
  • Non-performing loans $250.7 million, or 1.03% of total loans, up from $224.5 million, or 0.92%

The filing

CompanyBankUnited (BKU)
Form8-K, current report
Filed with the SECJan 22, 2025, 6:47 AM ET
Accession number0001504008-25-000002

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 January 22, 2025.

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.