
BankUnited (BKU) Stock Forecast & Price Target
BankUnited (BKU) Analyst Ratings
Bulls say
BankUnited Inc. has demonstrated positive financial momentum, evidenced by a 13% quarter-over-quarter increase in noninterest-bearing (NIB) deposits, which now constitute 32% of total deposits, up from 29% in the previous quarter. The company's net interest margin expanded by 8 basis points, reaching 3.00%, attributed to an improved funding mix and a reduction in the cost of deposits, which decreased by 9 basis points to 2.38%. Additionally, the Common Equity Tier 1 (CET1) ratio improved sequentially to 12.5%, indicating a stable and solid capital position as the bank continues to focus on enhancing its lending portfolio.
Bears say
BankUnited Inc. is facing a challenging outlook due to a sequential decline in core loan balances, which decreased by 1.0% to $23.7 billion, reflecting lower residential loan demand that could impede overall revenue growth. Additionally, while deposit costs have fallen, highlighting a potentially positive cash flow environment, core noninterest income has dropped approximately 8% sequentially to $25.6 million, indicating weakening performance in non-lending revenue streams. Concerns over investor credit risk and potential economic deterioration in Florida, where the bank operates, contribute further to a negative assessment of BankUnited's future profitability and stock performance.
This aggregate rating is based on analysts' research of BankUnited and is not a guaranteed prediction by Public.com or investment advice.
BankUnited (BKU) Analyst Forecast & Price Prediction
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