BankUnited (BKU) to Record One-Time, $50M Tax Benefit
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BankUnited to Record One-Time Income Tax Benefit
September 16, 2015 5:07 PM EDTMIAMI LAKES, Fla.--(BUSINESS WIRE)-- During the third quarter of 2015, BankUnited, Inc. (NYSE: BKU)(the Company) will record a one-time income tax benefit of approximately $50 million. The tax benefit, predicated on guidance issued by the Internal Revenue Service in 2015, relates to the Companys ability to claim additional tax losses in 2014, 2015 and future years with respect to certain assets acquired from the FDIC.
About BankUnited, Inc.
BankUnited, Inc., with total assets of $21.4 billion at June 30, 2015, is the bank holding company of BankUnited, N.A., a national bank... More
