BankUnited, Inc.

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

BKU$44.11-0.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED

(In thousands, except per share data)

	Three Months Ended March 31,
	2025	2024
Interest income:
Loans	$321,384	$347,257
Investment securities	113,869	124,179
Other	8,436	10,038
Total interest income	443,689	481,474
Interest expense:
Deposits	174,210	209,998
Borrowings	36,340	56,619
Total interest expense	210,550	266,617
Net interest income before provision for credit losses	233,139	214,857
Provision for credit losses	15,111	15,285
Net interest income after provision for credit losses	218,028	199,572
Non-interest income:
Deposit service charges and fees	5,235	5,313
Lease financing	4,313	11,440
Other non-interest income	12,722	10,124
Total non-interest income	22,270	26,877
Non-interest expense:
Employee compensation and benefits	82,746	75,920
Occupancy and equipment	11,343	10,569
Deposit insurance expense	7,227	13,530
Technology	22,780	20,315
Depreciation of operating lease equipment	4,009	9,213
Other non-interest expense	32,121	29,693
Total non-interest expense	160,226	159,240
Income before income taxes	80,072	67,209
Provision for income taxes	21,596	19,229
Net income	$58,476	$47,980
Earnings per common share, basic	$0.78	$0.64
Earnings per common share, diluted	$0.78	$0.64

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.