BKU Earnings Prediction
The chart below shows how BKU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BKU sees a -4.09% change in stock price 10 days leading up to the earnings, and a +2.85% change 10 days following the report. On the earnings day itself, the stock moves by +0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
BKU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
217.39M
12.74%
3.15%
Gross Margin
--
--
--
Operating Margin
42.78%
38.45%
8.39%
Net Margin
31.88%
195.46%
9.33%
EPS
0.91
250.00%
12.35%
No Data Available
BKU Earnings Analysis
BankUnited Inc Corporation (BKU.N) Earnings Conference Call
Positive
EPS Surpasses Estimates: Earnings per share (EPS) increased to $0.91 in Q4 2024, surpassing the consensus estimate of $0.73 and up from $0.81 in the previous quarter.
Net Interest Margin Improvement: Net interest margin (NIM) improved to 2.84%, exceeding internal expectations and reflecting a 6 basis point increase from 2.78% in Q3 2024.
Quarterly Net Income Growth: Net income for the quarter reached $69.3 million, representing a 15% growth year-over-year when adjusted for the FDIC special assessments.
Deposit Growth Analysis: Non-interest bearing demand deposits (NIDDA) grew by $781 million over the year, contributing to a total deposit increase of $1.3 billion, demonstrating strong customer growth.
Interest Deposit Cost Reduction: The cost of interest-bearing deposits decreased significantly by 34 basis points to 2.72%, enhancing profitability and supporting margin expansion.
Negative
Loan Activity Contraction: Loans decreased by $101 million this quarter, primarily due to runoff in residential and non-core portfolios, indicating a contraction in lending activity.
Non-Performing Loans Increase: Non-performing loans (NPLs) increased by $26 million this quarter, attributed to one office loan, raising concerns about asset quality.
Loan Yield Decline: The average yield on loans declined from 5.87% to 5.60%, reflecting pressure on interest income and potential challenges in maintaining profitability.
Credit Loss Reserves Decline: The allowance for credit losses (ACL) to loans ratio decreased from 94 to 92 basis points, suggesting a reduction in reserves despite ongoing credit challenges.
Expense Growth Analysis: Total expenses grew by 6% year-over-year, exceeding the mid-single-digit guidance, indicating potential inefficiencies in cost management.
BKU FAQs
How does BKU typically perform around its earnings report dates?
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BKU Earning Call Sentiment
Earnings call transcript: BankUnited beats Q4 2024 forecasts, stock dips
BKU.N
-3.9%Positive
The earnings call highlights strong financial performance with a significant EPS beat and improved margins, despite some risks like non-performing loans. The positive guidance for loan and net interest income growth, along with a strong capital position, outweighs the lack of immediate shareholder return plans. The company's market cap suggests a moderate reaction, leading to a positive stock price prediction.
