Earnings ·
BankUnited reports Q3 net income of $72 million, or $1.01 diluted EPS
BKUBankUnited, Inc.
BankUnited reported third-quarter 2026 results with net income of $72.2 million and diluted earnings per share of $1.01. Adjusted net income was $73.9 million, or $1.03 per share, excluding the impact of securities sales. Net interest margin expanded to 3.16%, up 16 basis points year-over-year, driven by improved deposit pricing and favorable loan repricing. The company repurchased approximately 2.1 million shares for $97.0 million during the quarter. Credit quality remained stable with a net charge-off ratio of 0.11% and criticized loans decreasing $176 million from a year ago. BankUnited operates as a bank holding company providing consumer and commercial banking products.