BankUnited Q2 FY26 net income rises 14.22% to $70.7 million; net interest margin widens 0.07 percentage point to 3.06%

Reuters2026/08/06 22:07

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BankUnited posted Q2 net income of $70.7 million, or $0.97 per diluted share, up from $61.9 million, or $0.83, in Q1.
Net interest margin widened to 3.06%, up 0.07 percentage point from Q1; net interest income rose 2.7% to $259.2 million.
Total deposits excluding brokered deposits grew by $1 billion; non-interest bearing demand deposits climbed $991 million, reaching 34% of total deposits.
Wholesale funding fell $1.4 billion; total loans dipped $206 million as non-core runoff continued, while average core loans increased $195 million.
Asset quality improved as non-performing loans dropped $51 million; CET1 capital ratio was 12.3% and the company repurchased 1,100,000 shares for $50.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BankUnited Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001504008-26-000079), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BankUnited Q2 FY26 net income rises 14.22% to $70.7 million; net interest margin widens 0.07 percentage point to 3.06%

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