Every material Form 8-K BankUnited filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
BankUnited reported second-quarter 2024 net income of $53.7 million, or $0.72 per diluted share, up from $48.0 million in the first quarter but down from $58.0 million a year earlier. Net interest margin expanded to 2.72%, while non-performing loans rose to $173.5 million, so shareholders see sequential earnings improvement alongside a year-over-year decline and higher credit stress indicators.
Net income $53.7 million, or $0.72 per diluted share, for the quarter ended June 30, 2024, versus $48.0 million, or $0.64, for the quarter ended March 31, 2024, and $58.0 million, or $0.78, for the quarter ended June 30, 2023.
Net interest margin rose to 2.72% from 2.57% in the prior quarter.
Non-performing loans rose to $173.5 million, or 0.70% of total loans, from $115.8 million, or 0.48%, at March 31, 2024.
Non-interest bearing demand deposits grew $826 million; total assets were $35.4 billion at June 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BankUnited filing is on SEC EDGAR ↗. 8-K briefs of other companies →