BankUnited, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 06:45 am EDT
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BankUnited, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 213.88 million compared to USD 225.42 million a year ago. Net income was USD 58 million compared to USD 65.76 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to USD 0.82 a year ago.
For the six months, net interest income was USD 441.75 million compared to USD 434.06 million a year ago. Net income was USD 110.88 million compared to USD 132.91 million a year ago. Basic earnings per share from continuing operations was USD 1.49 compared to USD 1.61 a year ago. Diluted earnings per share from continuing operations was USD 1.48 compared to USD 1.6 a year ago.
BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bankâs lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.
BANKUNITED, INC. 
