Quarterly ResultAug 6, 2026, 04:50 PM
BankUnited Q2 Net Income +2.8% to $70.7M; EPS $0.97
AI Summary
BankUnited reported a positive second quarter and first half of 2026, with net income increasing to $70.7 million for Q2 and $132.5 million for H1. Basic earnings per share also saw healthy growth, reaching $0.97 for the quarter and $1.80 for the half-year. Net interest income before provision for credit losses improved, while total assets, deposits, and loans experienced slight decreases compared to year-end 2025. The company also repurchased $110.6 million in common stock during the first six months of 2026.
Key Highlights
- Q2 2026 net income increased 2.8% to $70.7 million.
- Q2 2026 basic earnings per share rose 6.6% to $0.97.
- H1 2026 net income increased 4.2% to $132.5 million.
- H1 2026 basic earnings per share grew 5.9% to $1.80.
- Q2 2026 net interest income before provision for credit losses was $255.3 million, up 3.7%.
- Total assets were $34.88 billion as of June 30, 2026.
- Total deposits were $28.88 billion as of June 30, 2026.
- Repurchased $110.6 million of common stock in H1 2026.
Price Impact
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