Key Highlights

  • BankUnited’s $0.33 quarterly Dividend trades ex-dividend October 9, 2026, with payment on October 30 to shareholders of record.
  • Second-quarter Net Income was $70.7 million, or $0.97 per diluted share, compared with $68.8 million, or $0.91.
  • Net interest Margin was 3.06%, compared with 2.93% a year earlier, and return on average Equity was 9.3%.
  • Non-interest-bearing deposits reached $9.93 billion, equal to 34.4% of total deposits, compared with 31.8% a year earlier.

BankUnited, Inc. (NYSE:BKU) declared a quarterly Cash Dividend of $0.33 per common share, a Yield of 3.12%, payable October 30 to shareholders of record on October 9, 2026. The $0.33 amount equals 34.0% of second-quarter diluted EPS of $0.97. Second-quarter net income was $70.7 million.

Dividend Program and Shareholder Returns

The company announced the $0.33 quarterly cash dividend on September 24, 2026, payable October 30 to shareholders of record at the close of Business on October 9. The shares trade ex-dividend on October 9.

The $0.33 quarterly amount equals $1.32 on an annualized basis, a computed figure. For the first six months of 2026, diluted EPS was $1.79, compared with $1.68, and net income was $132.5 million, compared with $127.2 million. Each dividend remains subject to board approval.

About the Company

BankUnited, Inc. is a bank holding company. At June 30, 2026, it reported total Assets of $34.9 billion. Tangible Book Value per share was $40.48, up 6% from $38.23 a year earlier, and the tangible common equity ratio was 8.4%, up 10 basis points from the prior quarter and 30 basis points from a year earlier.

Second-Quarter Earnings, Margin and Returns

Second-quarter net income was $70.7 million, compared with $61.9 million in the first quarter of 2026 and $68.8 million in the second quarter of 2025. Diluted EPS was $0.97, compared with $0.83 in the first quarter and $0.91 a year earlier.

The net interest margin was 3.06%, compared with 2.99% in the first quarter and 2.93% a year earlier. Return on average equity was 9.3%, compared with 8.1% in the first quarter and 9.4% in the second quarter of 2025.

Deposit Mix and Credit Metrics

The ending balance of non-interest-bearing Demand deposits was $9.93 billion, up $991 million, or 11%, from the prior quarter and up $822 million, or 9%, from a year earlier. The average balance was $9.03 billion, up 7% from the prior quarter and 13% from a year earlier.

Non-interest-bearing deposits represented 34.4% of total deposits, compared with 31.8% a year earlier. The company stated that this was the highest balance and highest percentage of total deposits in its history. Non-Performing Loans fell $51 million, or 19%, from the prior quarter and $152 million, or 40%, from a year earlier.

Capital Position and Six-Month Results

Two $0.33 quarterly dividends equal $0.66 for a six-month period, which is 36.9% of six-month diluted EPS of $1.79, a computed ratio. The tangible common equity ratio of 8.4% and tangible book value per share of $40.48 are the Capital measures the company reported for June 30.

Total assets were $34.9 billion at June 30. The average balance of non-interest-bearing demand deposits was $9.03 billion in the second quarter. The company reported these deposit balances alongside the net interest margin and return figures above.

Second-quarter net income was $1.9 million higher than a year earlier and $8.8 million higher than the first quarter, both computed from the reported figures. Six-month net income was $5.3 million higher than the same period of 2025.

Outlook

BankUnited’s $0.33 quarterly dividend is payable October 30 to shareholders of record on October 9, 2026. The net interest margin of 3.06%, the 34.4% share of non-interest-bearing deposits, the 8.4% tangible common equity ratio, and the trend in non-performing loans are the relevant considerations.