BankUnited 2Q FY26 net income rises 14% to $70.7 million; diluted EPS increases to $0.97

Reuters2026/07/22 10:46

By:Reuters

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BankUnited posted Q2 net income of USD 70.7 million, up USD 8.8 million from Q1, with diluted EPS of USD 0.97.
Net interest margin widened to 3.06%, up 7 basis points from Q1, as average cost of deposits fell to 2.05% from 2.12%.
Total deposits ended at USD 28.88 billion; non-interest-bearing demand deposits rose USD 991 million, or 11%, from Q1 to USD 9.93 billion.
Non-performing loans fell USD 51 million, or 19%, from Q1; ACL-to-NPL coverage increased to 97.14% from 75.90%.
Repurchased 1,100,000 shares for USD 50.1 million; CEO Rajinder Singh cited record non-interest-bearing deposits, solid fee income, improved credit quality.

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 Business Wire (Ref. ID: 20260722822461) on July 22, 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 2Q FY26 net income rises 14% to $70.7 million; diluted EPS increases to $0.97

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