BankUnited, Inc. Reports Second Quarter 2019 Results
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BankUnited (BKU) Tops Q2 EPS by 14c
July 24, 2019 6:46 AM EDTBankUnited (NYSE: BKU) reported Q2 EPS of $0.81, $0.14 better than the analyst estimate of $0.67.
Quarterly Highlights
For the quarter ended June 30, 2019, non-interest bearing demand deposits grew by $335 million, to 17.1% of total deposits at June 30, 2019 compared to 15.4% of total deposits at December 31, 2018. Total deposits increased by $243 million for the quarter ended June 30, 2019. Non-interest bearing demand deposits grew by $478 million for the six months ended June 30, 2019 while total deposits increased by $448 million. The cost of total deposits increased by 0.03% over the immediately preceding quarter ended March 31, 2019, to 1.70%.Loans and leases, including equipment under... More