BankUnited, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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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.
Sep 30, 2025 · Filed Nov 5, 2025
BKU$44.11-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED
(In thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Interest income: | ||||
| Loans | $324,390 | $355,220 | $973,864 | $1,053,081 |
| Investment securities | 120,419 | 127,907 | 351,634 | 375,794 |
| Other | 8,113 | 9,229 | 24,892 | 28,253 |
| Total interest income | 452,922 | 492,356 | 1,350,390 | 1,457,128 |
| Interest expense: | ||||
| Deposits | 163,555 | 208,630 | 508,460 | 626,719 |
| Borrowings | 39,255 | 49,598 | 112,560 | 155,402 |
| Total interest expense | 202,810 | 258,228 | 621,020 | 782,121 |
| Net interest income before provision for credit losses | 250,112 | 234,128 | 729,370 | 675,007 |
| Provision for credit losses | 11,577 | 9,248 | 42,386 | 44,071 |
| Net interest income after provision for credit losses | 238,535 | 224,880 | 686,984 | 630,936 |
| Non-interest income: | ||||
| Deposit service charges and fees | 5,387 | 5,016 | 15,945 | 15,238 |
| Lease financing | 4,152 | 6,368 | 13,077 | 23,448 |
| Other non-interest income | 16,027 | 11,504 | 46,624 | 35,264 |
| Total non-interest income | 25,566 | 22,888 | 75,646 | 73,950 |
| Non-interest expense: | ||||
| Employee compensation and benefits | 85,196 | 81,781 | 251,095 | 233,289 |
| Occupancy and equipment | 10,929 | 12,242 | 33,217 | 33,784 |
| Deposit insurance expense | 6,601 | 7,421 | 20,804 | 29,481 |
| Technology | 21,630 | 21,094 | 67,902 | 61,976 |
| Depreciation of operating lease equipment | 4,423 | 4,666 | 12,301 | 21,775 |
| Other non-interest expense | 37,390 | 37,378 | 105,403 | 101,223 |
| Total non-interest expense | 166,169 | 164,582 | 490,722 | 481,528 |
| Income before income taxes | 97,932 | 83,186 | 271,908 | 223,358 |
| Provision for income taxes | 26,081 | 21,734 | 72,815 | 60,193 |
| Net income | $71,851 | $61,452 | $199,093 | $163,165 |
| Earnings per common share, basic | $0.96 | $0.82 | $2.65 | $2.19 |
| Earnings per common share, diluted | $0.95 | $0.81 | $2.63 | $2.17 |
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