South Florida businesses are scrambling to submit applications for the Paycheck Protection Program, the $350 billion loan program backed by the U.S. Small Business Administration. "Most Florida banks were uploading applications to the SBA as of Tuesday evening," said Alex Sanchez, president and CEO of the Florida Bankers Association. Here is a look at how some of South Florida's largest lenders are handling the PPP application process: Grove Bank and Trust in Miami is accepting applications from existing business clients.

To the annoyance of some shareholders, BankUnited (NYSE:BKU) shares are down a considerable 32% in the last month...

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

DEEP DIVE Economic turmoil from the coronavirus shutdown points to significant loan losses ahead for banks. But if you are confident that the U.S. economy will recover fairly quickly as states reopen, then this is the time to scoop up shares of banks that are in good overall shape and are trading at discounts to tangible book value, according to Christopher Marinac, director of research at Janney Montgomery Scott.

BKU earnings call for the period ending March 31, 2020.

Shares of BankUnited (NYSE:BKU) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 150.77% year over year to ($0.33), which does not compare to the estimate of $0.49.Revenue of $203,874,000 lower by 10.25% from the same period last year, which missed the estimate of $214,490,000.Looking Ahead BankUnited hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Apr 29, 2020View more earnings on BKUTime: 02:01 AM ETWebcast URL: https://edge.media-server.com/mmc/p/k5yd68a7Technicals 52-week high: $37.60Company's 52-week low was at $14.50Price action over last quarter: down 39.68%Company Profile 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.See more from Benzinga * 16 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session * 16 Healthcare Stocks Moving In Wednesday's Pre-Market Session * 12 Industrials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

BankUnited maintained its status as South Florida's most profitable banking institution during the fourth quarter of 2019, according to the Federal Deposit Insurance Corp. The Miami Lakes-based bank (NYSE: BKU) earned $96.

BankUnited, Inc. (NYSE:BKU) stock is about to trade ex-dividend in 4 days time. Investors can purchase shares before...

BankUnited, Inc. (the "Company") (NYSE: BKU) today announced financial results for the quarter ended March 31, 2020.

If you own shares in BankUnited, Inc. (NYSE:BKU) then it's worth thinking about how it contributes to the volatility...

BankUnited hired Adam Hoffman as executive vice president, head of treasury management in New York.

BankUnited, Inc. (NYSE: BKU) announced today that financial results for the quarter ended March 31, 2020 will be made public in a news release on Wednesday, April 29, 2020 prior to the market opening.

It's been a good week for BankUnited, Inc. (NYSE:BKU) shareholders, because the company has just released its latest...

BankUnited, Inc. (NYSE: BKU) has temporarily suspended its share repurchase program and retains the ability to reinstate it as circumstances warrant.

Banks and credit unions remain open in South Florida, which leads the state in confirmed COVID-19 cases.

Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

Unfortunately for some shareholders, the BankUnited (NYSE:BKU) share price has dived 36% in the last thirty days. That...

Q1 2020 BankUnited Inc Earnings Call

BankUnited temporarily suspended its stock buyback program in response to the coronavirus pandemic, following the lead of the nation's largest financial institutions. In a news release, the Miami Lakes-based community bank said the decision is "consistent with the utilization of capital to provide support to customers through lending and other services." BankUnited (NYSE: BAC) said it will reinstate the buyback program as soon as circumstances permit.

Increase in provisions and lower revenues significantly hurt BankUnited's (BKU) Q1 results.