BankUnited Inc

BankUnited has revised its full-year 2026 net interest income growth forecast down to 5% to 6% from its prior expectation, while lifting its outlook for noninterest-bearing demand deposit account average balances to 12% to 13% growth. CEO Raj Singh described the adjustments as fine-tuning rather than a reset, noting slightly better deposit performance and fee income but slightly lower loan growth and margin. Core loan growth expectations were reduced to 4% to 5% from an original projection of 6%, with management citing tighter credit spreads and a commitment to pricing discipline that led to about $230 million to $240 million in strategic loan exits during the quarter. The bank reported second-quarter earnings of $0.97 per share on net income of approximately $71 million, a net interest margin of 3.06%, and a return on equity of 9.3%. NIDDA balances reached $9.935 billion, pushing the NIDDA-to-total-deposits ratio to a record 34.4%, while total deposits excluding broker deposits rose by $1.1 billion and average wholesale funding balances declined by $636 million from the prior quarter. Singh said the bank expects to reach a 3.15% net interest margin by year-end and repurchased just over $50 million in stock during the quarter, with $146 million remaining under its current board authorization.

BankUnited reported second-quarter GAAP earnings of $0.97 per share, missing analyst expectations by $0.02. Revenue came in at $284.55 million, a 3.9% increase from the same period last year, but fell short of estimates by $5.73 million.

Wall Street has issued rare downbeat forecasts for EverQuote, BankUnited, and BancFirst. EverQuote faces concerns over expensive marketing campaigns hurting profitability, with its stock at $24.89 implying a 6.1x forward EV/EBITDA valuation. BankUnited's 5.5% annual net interest income growth over five years lagged peers, and its 2.9% net interest margin is among the worst in banking, while earnings per share grew just 1.2% annually. BancFirst saw 7.8% annual revenue growth over two years, slower than peers, with a projected 2 percentage point efficiency ratio increase signaling rising expenses and EPS growth of only 9.2% annually underperforming the sector.

Regional bank stocks delivered a mixed first quarter, with the 91 companies tracked reporting revenues in line with analyst expectations. First Hawaiian Bank posted revenue of $220.3 million, up 4.4% year on year, matching estimates. UMB Financial was the standout, with revenue of $744.8 million, up 29.3% and beating expectations by 5.4%, while BankUnited was the weakest, with revenue of $273.8 million, up 6.1% but missing estimates by 5.1%. Fifth Third Bancorp reported revenue of $2.86 billion, up 32.2%, in line with expectations, and City Holding posted revenue of $79.49 million, up 6.4%, also meeting estimates. Despite the mixed results, share prices have been resilient, rising 7.6% on average since the earnings reports.

German American Bancorp reported fourth-quarter revenues of $97.57 million, a 47.1% increase year on year, exceeding analysts' expectations by 3.2%. The company also posted strong beats on tangible book value per share and net interest income estimates. Among the 96 regional banks tracked, UMB Financial delivered the biggest analyst estimate beat with revenues of $744.8 million, up 29.3% year on year, while BankUnited was the weakest performer, missing revenue estimates by 5.1% with $273.8 million. Overall, regional bank revenues were in line with consensus estimates, and share prices have risen 7.7% on average since the latest earnings results.

Provident Financial Services reported first-quarter revenues of $225.2 million, a 7.9% increase year on year, matching analyst expectations. The quarter was mixed, with earnings per share beating estimates but net interest income falling short. President and CEO Anthony J. Labozzetta highlighted a 13.5% rise in pre-provision net revenue, record loan pipeline of $3.1 billion, and optimism for continued earnings growth. The stock has gained 6.6% since the report, trading at $23.90. Among the 91 regional banks tracked, UMB Financial posted the strongest quarter with a 29.3% revenue jump to $744.8 million, while BankUnited was the weakest, missing revenue estimates by 5.1%.

F.N.B. Corporation reported first-quarter revenues of $453.4 million, a 9.4% increase year on year, but fell short of analysts' expectations by 0.7%. Earnings per share were in line with estimates, while net interest income slightly missed. Chairman, President and CEO Vincent J. Delie, Jr. noted that earnings increased 19% from the year-ago quarter to $0.38 per diluted common share, with pre-provision net revenue up 17%. The stock has risen 10.2% since the report and currently trades at $19.18. Among the 91 regional banks tracked, UMB Financial posted the strongest results with a 5.4% revenue beat, while BankUnited had the weakest quarter, missing revenue estimates by 5.1%.

UMB Financial reported first-quarter revenues of $744.8 million, up 29.3% year on year and exceeding analyst expectations by 5.4%, making it the strongest performer among the 91 regional banks tracked. The company also beat estimates on earnings per share and net interest income. OFG Bancorp posted revenues of $185.8 million, up 4.2% and beating estimates by 4.8%, while BankUnited reported $273.8 million, up 6.1% but missing estimates by 5.1%. First Financial Bancorp and Fifth Third Bancorp also reported results, with First Financial's revenues rising 26.1% to $265.8 million and Fifth Third's increasing 32.2% to $2.86 billion.

First Financial Bankshares reported fourth-quarter revenues of $168.4 million, a 12.5% increase from a year earlier, exceeding analyst expectations by 0.9%. The Texas-focused regional bank delivered a satisfactory quarter overall, with a notable beat on tangible book value per share estimates but a slight miss on net interest income. Among the 96 regional bank stocks tracked, UMB Financial was the best performer with revenues of $744.8 million, up 29.3% year on year and beating estimates by 5.4%, while BankUnited was the weakest, posting revenues of $273.8 million, up 6.1% but falling short of expectations by 5.1%. Trustmark and First Financial Bancorp also reported results, with revenues of $202.9 million and $265.8 million respectively, both meeting or exceeding analyst forecasts.

Stock Yards Bank reported first-quarter revenues of $102.6 million, up 9.6% year on year and in line with analysts' expectations, in what was described as a mixed quarter. Among the 91 regional banks tracked, UMB Financial posted the strongest results with revenues of $744.8 million, beating estimates by 5.4%, while BankUnited was the weakest, missing revenue expectations by 5.1% with $273.8 million. East West Bank reported $773.7 million in revenue, exceeding estimates by 2.8%, and First Commonwealth Financial posted $133.7 million, slightly below expectations. Overall, the group's revenues were in line with consensus, and share prices have risen an average of 6.2% since the latest earnings results.

The 91 regional bank stocks tracked by StockStory reported a slower first quarter, with revenues in line with analyst consensus. Share prices have held steady, rising 4.9% on average since the latest earnings results. Among the group, UMB Financial posted the biggest analyst estimate beat with revenues of $744.8 million, up 29.3% year on year, while BankUnited was the weakest performer with revenues of $273.8 million, up 6.1% year on year, falling short of expectations by 5.1%. First Commonwealth Financial reported revenues of $133.7 million, up 12.8% year on year, but missed EPS and net interest income estimates.

Columbia Banking System reported first-quarter revenues of $677 million, up 40.2% year on year and in line with analysts' expectations, as part of a broader mixed quarter for the regional bank. The company beat analysts' earnings per share estimates but slightly missed on tangible book value per share. Among the 91 regional bank stocks tracked, UMB Financial delivered the biggest analyst estimate beat with revenues of $744.8 million, while BankUnited posted the weakest results with revenues of $273.8 million, falling short of expectations by 5.1%. Overall, the group's revenues were in line with consensus estimates, and share prices have held steady, rising 3.3% on average since the latest earnings results.

German American Bancorp reported fourth-quarter revenues of $97.57 million, a 47.1% increase year on year and 3.2% above analyst expectations, as part of a mixed earnings season for the 96 regional banks tracked by StockStory. The company also exceeded estimates for tangible book value per share and net interest income, and its stock has risen 10.9% since the report to $44.99. Among peers, UMB Financial posted the largest beat with revenues of $744.8 million, up 29.3% and 5.4% ahead of consensus, while BankUnited was the weakest, missing revenue estimates by 5.1% with $273.8 million. Butterfield Bank and Banner Bank also topped expectations, with revenues of $155.9 million and $172.3 million respectively. Overall, the group's revenues were in line with consensus, and share prices have held steady with an average gain of 2.1% since the latest results.

Texas Capital Bank reported first-quarter revenues of $324.9 million, a 15.8% year-on-year increase that exceeded analysts' expectations by 2.2%. The bank, one of 91 regional banks tracked, delivered a satisfactory quarter with an EPS beat but missed tangible book value per share estimates. Among peers, UMB Financial was the best performer with revenues of $744.8 million, up 29.3% and beating estimates by 5.4%, while BankUnited was the weakest, posting revenues of $273.8 million, up 6.1% but missing estimates by 5.1%. Overall, the group's revenues were in line with consensus, and share prices have held steady, rising 2.3% on average since the latest earnings results.

Wintrust Financial reported first-quarter revenues of $715.8 million, an 11.4% increase from a year earlier and 1.2% above analyst expectations. The results were part of a mixed quarter for the Chicago-area regional bank, which beat earnings per share estimates but missed on tangible book value per share. Among 91 tracked regional banks, aggregate revenues were in line with consensus, and the group’s shares have risen 3.4% on average since reporting. UMB Financial posted the strongest performance with a 29.3% revenue jump to $744.8 million, while BankUnited was the weakest, missing revenue estimates by 5.1% with $273.8 million.

Regional bank stocks reported mixed third-quarter results, with revenues for the 97 companies tracked coming in line with analyst consensus estimates. First Bancorp posted revenue of $117.9 million, up 21.1% year on year and exceeding expectations by 3.6%, while UMB Financial delivered the biggest beat among peers with revenue of $744.8 million, up 29.3% and topping estimates by 5.4%. BankUnited was the weakest performer, with revenue of $273.8 million missing estimates by 5.1%. Commerce Bancshares reported revenue of $478.1 million, up 11.1% and meeting expectations, and Hilltop Holdings posted revenue of $301.3 million, up 5.4% and in line with estimates. Share prices of the group have held steady, rising 3.6% on average since the latest earnings results.