BankUnited Q1 2026 net income $61.9 million, $0.83 diluted EPS
BankUnited, Inc. reported first-quarter 2026 net income of $61.9 million, or $0.83 per diluted share, up from $58.5 million and $0.78 a year earlier but down from $69.3 million and $0.90 in the prior quarter. The company attributed the quarter-over-quarter decline to typical first-quarter seasonality and said credit quality improved, while its board raised the quarterly dividend to $0.33 per share from $0.31.
Key points
- Net income $61.9 million and diluted EPS $0.83, versus $69.3 million and $0.90 in Q4 2025 and $58.5 million and $0.78 in Q1 2025.
- Net interest margin 2.99%, up 18 basis points from Q1 2025 but down 7 basis points from Q4 2025.
- Criticized and classified loans fell $146 million, or 12%, from the prior quarter; provision for credit losses was $24.6 million.
- Board raised the common stock dividend to $0.33 per share from $0.31; the company repurchased about 1.3 million shares for $60.0 million in Q1.
The filing
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 April 22, 2026.
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.