廣告
香港股市 將收市,收市時間:2 小時 19 分鐘
  • 恒指

    18,186.17
    +423.14 (+2.38%)
     
  • 國指

    6,428.23
    +154.48 (+2.46%)
     
  • 上證綜指

    3,104.82
    -8.22 (-0.26%)
     
  • 滬深300

    3,604.39
    -19.52 (-0.54%)
     
  • 美元

    7.8164
    -0.0059 (-0.08%)
     
  • 人民幣

    0.9259
    +0.0010 (+0.11%)
     
  • 道指

    37,903.29
    +87.37 (+0.23%)
     
  • 標普 500

    5,018.39
    -17.30 (-0.34%)
     
  • 納指

    15,605.48
    -52.34 (-0.33%)
     
  • 日圓

    0.0499
    -0.0002 (-0.44%)
     
  • 歐元

    8.3733
    -0.0053 (-0.06%)
     
  • 英鎊

    9.7930
    -0.0020 (-0.02%)
     
  • 紐約期油

    79.49
    +0.49 (+0.62%)
     
  • 金價

    2,324.30
    +13.30 (+0.58%)
     
  • Bitcoin

    57,426.73
    -2,510.28 (-4.19%)
     
  • CMC Crypto 200

    1,254.54
    -84.52 (-6.31%)
     

BankUnited (BKU) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, BankUnited, Inc. (BKU) reported revenue of $241.73 million, down 1.1% over the same period last year. EPS came in at $0.64, compared to $0.70 in the year-ago quarter.

The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $239.84 million. With the consensus EPS estimate being $0.62, the EPS surprise was +3.23%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

廣告

Here is how BankUnited performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin: 2.6% compared to the 2.6% average estimate based on five analysts.

  • Average Interest-Earning Assets: $34.05 billion compared to the $34.27 billion average estimate based on four analysts.

  • Net charge-offs to average loans: 0% compared to the 0.2% average estimate based on four analysts.

  • Net interest income before provision for loan losses: $214.86 million versus $216.87 million estimated by five analysts on average.

  • Total Non-Interest Income: $26.88 million versus $21.92 million estimated by five analysts on average.

  • Other non-interest income: $9.16 million versus $8.08 million estimated by four analysts on average.

  • Lease financing: $11.44 million versus $8.50 million estimated by four analysts on average.

  • Net Interest Income (FTE basis): $218.89 million versus $221.25 million estimated by four analysts on average.

  • Deposit service charges and fees: $5.50 million versus the four-analyst average estimate of $5.23 million.

View all Key Company Metrics for BankUnited here>>>

Shares of BankUnited have returned -6.2% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BankUnited, Inc. (BKU) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research