Bankunited (BKU)

• Market cap: $3.08B
• 1 day: 1.06%
• 5 days: 2.47%
• 1 month: 11.01%
• 3 months: 10.89%
• 6 months: 40.84%
• Year to date: 26.62%
• 1 year: 51.47%
• 5 years: 19.42%
• 10 years: 36.45%
• Sector: Financials
• Industry: Savings Institution, Federally Chartered

About: BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. The company is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. The Bank offers a comprehensive suite of commercial lending and deposit products through an Atlanta office focused on the Southeast region, certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.

Employees: 1,616

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

172% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 18

21% more capital invested

Capital invested by funds: $2.25B [Q2] → $2.73B (+$474M) [Q3]

14% more funds holding

Funds holding: 228 [Q2] → 259 (+31) [Q3]

2.83% less ownership

Funds ownership: 102.91% [Q2] → 100.08% (-2.83%) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 93

64% less call options, than puts

Call options by funds: $539K | Put options by funds: $1.49M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $37 10% downside
• Avg. target: $40 2% downside
• High target: $48 17% upside

6 analyst ratings

• positive: 1 17%
• neutral: 5 83%
• negative: 0 0%

Wells Fargo Timur Braziler 62% 1-year accuracy 8 / 13 met price target	17% upside $48	Overweight Upgraded	13 Nov 2024
RBC Capital Jon Arfstrom 97% 1-year accuracy 36 / 37 met price target	10% downside $37	Sector Perform Reiterated	23 Oct 2024
Wells Fargo Timur Braziler 62% 1-year accuracy 8 / 13 met price target	8% downside $38	Equal-Weight Maintained	1 Oct 2024
Barclays Jared Shaw 69% 1-year accuracy 36 / 52 met price target	5% downside $39	Equal-Weight Maintained	27 Sept 2024
Wedbush David Chiaverini 85% 1-year accuracy 40 / 47 met price target	3% downside $40	Neutral Maintained	24 Sept 2024