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BankUnited (BankUnited) Pre-Tax Income : $232.5 Mil (TTM As of Mar. 2024)


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What is BankUnited Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. BankUnited's pretax income for the three months ended in Mar. 2024 was $67.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $232.5 Mil. BankUnited's pretax margin was 27.80%.

During the past 13 years, BankUnited's highest Pretax Margin was 48.33%. The lowest was 24.27%. And the median was 35.83%.


BankUnited Pre-Tax Income Historical Data

The historical data trend for BankUnited's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BankUnited Pre-Tax Income Chart

BankUnited Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.00 249.36 449.39 375.13 237.08

BankUnited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.84 78.63 62.43 24.19 67.21

Competitive Comparison of BankUnited's Pre-Tax Income

For the Banks - Regional subindustry, BankUnited's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BankUnited's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankUnited's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where BankUnited's Pre-Tax Income falls into.



BankUnited Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

BankUnited's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+237.084
=237.1

BankUnited's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+67.209
=67.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $232.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BankUnited  (NYSE:BKU) Pre-Tax Income Explanation

BankUnited's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=67.209/241.734
=27.80%

During the past 13 years, BankUnited's highest Pretax Margin was 48.33%. The lowest was 24.27%. And the median was 35.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BankUnited Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of BankUnited's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


BankUnited (BankUnited) Business Description

Traded in Other Exchanges
N/A
Address
14817 Oak Lane, Miami Lakes, FL, USA, 33016
BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. most of its revenue comprises net interest income derived mostly from loans.
Executives
Germaine Smith-baugh director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Kevin A. Malcolm other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
A. Gail Prudenti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jay D. Richards officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
John N. Digiacomo director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Douglas J Pauls officer: Chief Financial Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Sanjiv Sobti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rishi Bansal other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rajinder P Singh officer: Chief Operating Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Leslie Lunak officer: Chief Financial Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Michael R. Alford officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
William S. Rubenstein director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Mark Bagnoli officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Thomas M. Cornish officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jeffrey Starr officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016

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