NYSE$BKU
BankUnited Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
BankUnited reported net income and growth in non-interest bearing demand deposits, along with an improved net interest margin.
BankUnited reported a net income of $98.8 million, or $1.06 per diluted share, for the quarter ended March 31, 2021, compared to a net loss of $(31.0) million, or $(0.33) per diluted share, for the quarter ended March 31, 2020. Non-interest bearing demand deposits grew by $957 million during the quarter. The net interest margin improved to 2.39%.
- Net income was $98.8 million, or $1.06 per diluted share, compared to a net loss of $(31.0) million, or $(0.33) per diluted share, for the same quarter last year.
- Net interest income increased by $15.7 million compared to the quarter ended March 31, 2020.
- Non-interest bearing demand deposits grew by $957 million during the quarter.
- The Company recorded a recovery of the provision for credit losses of $(28.0) million.
Headline financials
Revenue & EPS history
BankUnited · Revenue · Quarterly
$227M
Revenue by segment
BankUnited · $14.5B total across 5 segments · Q4 2022
- Commercial & Industrial$6.41B—44.1%
- Non-owner CRE$5.41B—37.2%
- Owner-occupied CRE$1.89B—13.0%
- Mortgage Warehouse$525M—3.6%
- Construction & Land$294M—2.0%
Forward guidance
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company’s current views with respect to, among other things, future events and financial performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.4%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+3.7%
Avg return
30 days after
56%
36 / 64 earnings
Positive
+13.8%
Q2 2020
Best reaction
-7.3%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.2% | -0.4% | -1.5% | |
| Q4 2025 | +8.0% | +2.4% | +7.9% | |
| Q3 2025 | +1.6% | +5.8% | +12.6% | |
| Q2 2025 | +0.6% | -2.2% | +3.4% | |
| Q1 2025 | -2.2% | +0.5% | +1.3% | |
| Q4 2024 | -1.3% | +1.5% | -5.5% | |
| Q3 2024 | -0.7% | -1.5% | +19.0% | |
| Q2 2024 | +6.3% | +9.8% | +5.8% | |
| Q1 2024 | +5.7% | +12.1% | +22.3% | |
| Q4 2023 | -0.3% | -6.1% | -10.1% | |
| Q3 2023 | -1.6% | -1.8% | +21.2% | |
| Q2 2023 | +8.7% | +8.3% | -6.2% | |
| Q1 2023 | +0.3% | +4.8% | -10.2% | |
| Q4 2022 | +3.5% | +2.8% | +8.3% | |
| Q3 2022 | -4.1% | -1.9% | +0.8% | |
| Q2 2022 | +0.5% | -0.9% | +7.8% | |
| Q1 2022 | -7.3% | -12.1% | -9.8% | |
| Q4 2021 | -4.5% | -0.3% | -0.8% | |
| Q3 2021 | -5.3% | -5.2% | -4.0% | |
| Q2 2021 | -2.4% | -1.0% | +3.6% | |
| Q1 2021 | +6.2% | +7.4% | +10.3% | |
| Q4 2020 | -2.8% | -7.2% | +5.6% | |
| Q3 2020 | -1.9% | +1.7% | +19.1% | |
| Q2 2020 | +13.8% | +11.1% | +33.0% | |
| Q1 2020 | -3.5% | -11.4% | -9.9% | |
| Q4 2019 | -3.2% | -4.0% | -6.5% | |
| Q3 2019 | +1.7% | +3.2% | +2.8% | |
| Q2 2019 | +5.6% | +5.8% | -4.5% | |
| Q1 2019 | +1.0% | +2.2% | -5.1% | |
| Q4 2018 | +1.4% | +2.8% | +10.3% | |
| Q3 2018 | +0.6% | +5.5% | +6.9% | |
| Q2 2018 | -0.8% | -1.7% | +0.5% | |
| Q1 2018 | +1.3% | +0.4% | +8.3% | |
| Q4 2017 | -1.7% | -3.1% | -7.0% | |
| Q3 2017 | -4.9% | -6.0% | +5.1% | |
| Q2 2017 | +3.5% | +2.0% | -0.4% | |
| Q1 2017 | +0.2% | -2.2% | -6.4% | |
| Q4 2016 | +6.0% | +6.9% | +10.3% | |
| Q3 2016 | +0.1% | -0.8% | +19.2% | |
| Q2 2016 | -7.1% | -6.9% | -7.7% | |
| Q1 2016 | -2.8% | — | — | |
| Q4 2015 | +1.9% | — | — | |
| Q3 2015 | -3.1% | — | — | |
| Q2 2015 | -1.7% | — | — | |
| Q1 2015 | -1.6% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | -4.2% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -0.6% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | -2.2% | — | — | |
| Q2 2013 | +3.5% | — | — | |
| Q1 2013 | +4.2% | — | — | |
| Q4 2012 | +1.1% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +2.0% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2009 | +0.7% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q4 2010 | +0.7% | — | — | |
| Q1 2011 | +0.7% | — | — | |
| Q3 2011 | -4.1% | — | — | |
| Q3 2010 | -4.1% | — | — | |
| Q2 2011 | +4.8% | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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