BankUnited (NYSE:BKU – Get Free Report) had its target price increased by research analysts at Royal Bank Of Canada from $48.00 to $53.00 in a research report issued on Thursday, MarketBeat.com reports. The brokerage currently has a “sector perform” rating on the financial services provider’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 3.44% from the company’s previous close.
Several other equities research analysts also recently commented on BKU. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BankUnited in a research note on Wednesday, October 8th. Hovde Group reiterated an “outperform” rating and set a $51.00 price objective on shares of BankUnited in a research report on Monday, December 8th. The Goldman Sachs Group set a $49.00 target price on shares of BankUnited in a research report on Thursday. Barclays reiterated a “positive” rating and issued a $55.00 price objective on shares of BankUnited in a research note on Thursday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $44.00 target price on shares of BankUnited in a research report on Thursday, October 23rd. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $51.55.
Get Our Latest Analysis on BKU
BankUnited Stock Performance
BankUnited (NYSE:BKU – Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $288.20 million for the quarter, compared to analyst estimates of $279.76 million. BankUnited had a return on equity of 9.18% and a net margin of 13.98%.During the same quarter in the previous year, the firm earned $0.91 EPS. Equities research analysts forecast that BankUnited will post 3.13 earnings per share for the current fiscal year.
Hedge Funds Weigh In On BankUnited
A number of institutional investors have recently added to or reduced their stakes in the business. Capital Fund Management S.A. purchased a new stake in shares of BankUnited in the 2nd quarter worth approximately $1,356,000. Fisher Asset Management LLC grew its holdings in shares of BankUnited by 24.7% in the second quarter. Fisher Asset Management LLC now owns 575,878 shares of the financial services provider’s stock worth $20,495,000 after acquiring an additional 113,974 shares during the period. Assenagon Asset Management S.A. purchased a new stake in BankUnited during the third quarter valued at $6,121,000. Bayview Asset Management LLC boosted its position in BankUnited by 45.5% in the second quarter. Bayview Asset Management LLC now owns 40,000 shares of the financial services provider’s stock worth $1,424,000 after purchasing an additional 12,500 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. increased its position in shares of BankUnited by 25.0% during the 2nd quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the financial services provider’s stock valued at $3,737,000 after purchasing an additional 21,000 shares during the last quarter. 99.70% of the stock is currently owned by institutional investors.
Key BankUnited News
Here are the key news stories impacting BankUnited this week:
- Positive Sentiment: Q4 earnings beat — BKU reported $0.94 EPS vs. $0.85 expected and revenue of $288.2M (vs. ~$279.8M consensus); company highlighted 6 bps NIM expansion, $69M net income, strong ROE and margin improvement. This is the primary catalyst lifting the stock. Press Release
- Positive Sentiment: Share buyback — management authorized an additional $200M repurchase program, which reduces share count risk and supports EPS. This amplifies the positive reaction to results. Business Wire
- Positive Sentiment: Fundamentals: deposit & loan growth — company reported $485M growth in non‑interest‑bearing deposits and $769M core loan growth, supporting asset/liability momentum and NII prospects. Analysts and investors view this as durable top-line support. Business Wire
- Positive Sentiment: Analyst price target uplift — Keefe, Bruyette & Woods raised its price target from $42 to $55 (while retaining a “market perform” rating), which signals higher modelled fair value and supports upside expectations. Benzinga / TickerReport
- Neutral Sentiment: Management commentary & guidance — company is targeting ~6% core loan growth and highlighted continued NII/NIM expansion; details from the call give color but no material change to long‑term guidance. Earnings Call Transcript (Yahoo)
- Neutral Sentiment: Coverage of the quarter — multiple transcripts and deep dives (Seeking Alpha, InsiderMonkey, Zacks, Yahoo) provide the full detail for investors; useful for modeling but largely confirm the headline beat. Seeking Alpha Transcript
- Negative Sentiment: Analyst stance still cautious — despite the higher price target, KBW left a “market perform” rating. That tempering of conviction could limit further analyst-driven momentum until results prove sustainable. Benzinga
About BankUnited
BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.
The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.
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