BankUnited, Inc. (BKU) Form 10-Q — Nov 5, 2026
BankUnited reported Q3 2026 net income of $72.2 million, or $1.01 per diluted share, up from $70.7 million and $0.97 in the prior quarter, driven by balance sheet repositioning and lower funding costs. Net interest margin expanded 10 basis points to 3.16% as the average cost of deposits improved to 1.99%, while adjusted net income excluding securities sales was $73.9 million or $1.03 per diluted share. Asset quality remained solid with criticized and classified loans down $10 million and an annualized net charge-off ratio of 0.11%, though non-performing loans rose 18% ($40 million) and the AFS portfolio carried a $453.1 million net unrealized loss.
Key figures
- Eps
- 1.01
- Revenue
- Net interest income (tax-equivalent) $264.7 million for Q3 2026
- Net Income
- 72170000
- Total Debt
- FHLB advances $1.925 billion plus notes and other borrowings $318.5 million
- Total Assets
- 34575714000
- Cash Position
- 425180000
- Shares Outstanding
- 70188199
- Acl ratio
- 0.93% of total loans
- Cet1 ratio
- 12.1%
- Nim q2 2026
- 3.06%
- Nim q3 2026
- 3.16%
- Total deposits
- 28310963000
- Roaa annualized
- 0.82%
- Roae annualized
- 9.6%
- Tce tangible assets
- 8.0%
- Book value per share
- 40.21
- Net charge off ratio
- 0.11% annualized
- Q3 share repurchases
- 2.1 million shares for $97.0 million
- Afp unrealized losses
- 453.1 million net unrealized loss on AFS securities
- Adjusted net income q3
- 73.9 million ($1.03 per diluted EPS)
- Diluted eps nine months
- 2.8
- Tangible book value per share
- 39.1
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