BankUnited, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BankUnited, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	44.7	53.8	61.7	66.6	59.1	21.7	22.5	20.9	20.2	21.7
Interest expense	189	254	399	529	316	164	317	984
Pre-tax income	335	404	416	404	249	449	375	237	316	362
Income tax	110	-210	90.8	90.9	51.5	34.4	90.2	58.4	83.9	93.4
Net income	226	614	325	313	198	415	285	179	232	268
EPS, basic	2.11	5.60	3.01	3.14	2.06	4.52	3.55	2.39	3.10	3.55
EPS, diluted	2.09	5.58	2.99	3.13	2.06	4.52	3.54	2.38	3.08	3.53
Shares, basic (weighted)	103	105	104	95.5	91.7	90.4	78.8	73.3	73.6	73.9
Shares, diluted (weighted)	104	106	104	95.7	91.7	90.4	78.8	73.5	74	74.3
Dividend per share	0.84	0.84	0.84	0.84	0.92	0.92	1.00	1.08	1.16	1.24

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	448	195	382	215	398	315	573	588	491	218
Property, plant and equipment	91.1	79	65.8	58.1	60.1	56.7	66.3	64.8	61.4	61.1
Lease right-of-use assets			95	92.6	664	80.6	72.2	64.5	64.4	58.7
Goodwill	78	78	78	78
Total assets	27,880	30,347	32,164	32,871	35,010	35,815	37,027	35,762	35,242	35,039
Long-term debt	403	403	403	429	722	721	721	709	709	320
Total liabilities	25,462	27,321	29,240	29,891	32,027	32,778	34,591	33,184	32,427	31,986
Total debt	393	394	394	395	690	691	693	682	684	297
Paid-in capital	1,426	1,498	1,220	1,084	1,018	708	322	284	302	272
Retained earnings	950	1,472	1,698	1,928	2,014	2,345	2,551	2,651	2,796	2,971
Other comprehensive income	41.2	55	4.87	-31.8	-49.2	-15.9	-438	-357	-285	-190
Shareholders' equity	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814	3,054
Total equity	2,418	3,026	2,924	2,981	2,983	3,038	2,436	2,578	2,814	3,054
Total liabilities and equity	27,880	30,347	32,164	32,871	35,010	35,815	37,027	35,762	35,242	35,039
Shares outstanding	104	107	99.1	95.1	93.1	85.6	75.7	74.4	74.7	74.1

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	226	614	325	313	198	415	285	179	232	268
Depreciation and amortization	56.4	61.6	64.3	72.4	72.5	78.5	77.6	74.1	60.1	51
Stock-based compensation	18	22.7	23.1	23.4	20.4	15.9	20.9	19.6	21.6	20.5
Deferred income tax	30.2	57.8	67.8	24.5	-27.6	-9.02	1.44	-46.8	-43.9	-5.36
Cash from operations	309	319	824	636	864	1,220	1,294	657	434	359
Purchases of investments				-3,896	-4,209	-5,835	-2,974	-405	-2,417	-3,745
Sales and maturities of investments	725	1,260	1,534	1,371	1,353	2,586	1,784	1,037	1,952	2,313
Cash from investing	-3,826	-2,453	-2,042	-1,075	-2,621	-1,638	-2,120	981	410	-214
Debt issued	0	0
Stock issued	0.79	62.1	7.73	5.82	19.6	0.03	0
Share buybacks	0	0	-300	-154	-101	-318	-401	-55.2	0	-44.8
Dividends paid	-89.8	-91.6	-91.3	-84.1	-86.5	-85.8	-79.4	-79.1	-85.5	-91.9
Cash from financing	3,699	1,880	1,405	272	1,940	335	1,084	-1,622	-941	-418
Net change in cash	181	-254	187	-167	183	-82.9	258	15.6	-97.2	-273
Interest paid	187	248	388	519	337	169	294	950	1,032	832
Income taxes paid	16.5	69.2	-288	0.23	8.64	248	-109	48.8	102	148

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $43.64 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	1,535.0%	Pre-tax income / revenue.
Net margin	1,154.0%	Net income / revenue.
Operating cash flow margin	1,568.0%	Cash from operations / revenue.
Effective tax rate	24.8%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	9.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.8%	Net income / average total assets.
Stock-based pay / revenue	90.3%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	183.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	7.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-1.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-18.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	15.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-2.0%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	6.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	14.6%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-0.1%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	11.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-17.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-34.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-16.1%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	6.9%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	7.4%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	6.2%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	8.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	7.8%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	0.5%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-0.6%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-1.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	0.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-4.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	0.11x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	0.9%	Total debt / total assets.
Liabilities / assets	91.4%	Total liabilities / total assets.
Net debt	-$48.9M	Total debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value	$3.00B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.00x	Revenue / average total assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.65	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.33	Revenue / diluted weighted shares.
Operating cash flow per share	$5.18	Cash from operations / diluted weighted shares.
Book value per share	$41.55	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$41.55	Tangible book value / shares outstanding.
Cash per share	$5.09	(Cash + short-term investments) / shares outstanding.
Payout ratio	34.7%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$3.11B	Share price x shares outstanding.
Enterprise value	$3.06B	Market cap + total debt - cash - short-term investments.
P/E	11.4x	Market cap / net income. Only when net income is positive.
P/S	131x	Market cap / revenue.
P/B	1.04x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.04x	Market cap / tangible book value, when positive.
P/OCF	8.37x	Market cap / cash from operations, when positive.
EV/Sales	129x	Enterprise value / revenue.
Earnings yield	8.8%	Net income / market cap (the inverse of P/E).
Dividend yield	3.1%	Dividends paid over the period / market cap.
Shareholder yield	3.1%	(Dividends paid + share buybacks) / market cap.

What was BankUnited, Inc.'s revenue in fiscal 2025?

BankUnited, Inc. reported revenue of $21.7M for fiscal 2025, 7.4% higher than the year before.

Was BankUnited, Inc. profitable in fiscal 2025?

Yes. Net income was $268.4M, a net margin of 1,234.8%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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