BankUnited, Inc. BKU Income Statement

Bankunited, inc. (BKU)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest income:
Loans
975,135	981,408	1,081,200	1,125,973	1,164,873	1,198,241	1,118,083	1,078,355	1,039,500	1,001,862	973,301	946,719	917,940	896,154	870,657	833,718	797,098	753,901	713,362	694,659	674,833	667,237	660,319	647,060	637,636	618,944	626,953	605,660	593,521	584,727	672,678	669,288	648,910	512,728	364,428	338,363	0	0	0
Investment securities
260,275	280,560	286,249	276,155	259,451	233,091	212,079	204,611	194,573	188,307	182,520	170,381	161,037	150,859	141,387	132,564	122,138	116,817	115,672	112,599	112,056	108,662	104,724	104,901	109,356	114,535	120,145	124,301	128,164	131,198	163,619	160,454	155,632	122,626	90,508	93,281	0	0	0
Other
18,770	19,902	19,807	19,443	18,873	17,812	16,831	15,753	14,626	14,292	13,960	13,219	12,971	12,204	11,610	11,289	10,505	10,098	9,607	8,707	8,175	7,845	7,138	6,682	6,016	5,342	5,405	5,163	5,256	4,931	4,908	4,313	3,695	2,743	1,837	1,622	0	0	0
Total interest income
1,254,180	1,281,870	1,387,256	1,421,571	1,443,197	1,449,144	1,346,993	1,298,719	1,248,699	1,204,461	1,169,781	1,130,319	1,091,948	1,059,217	1,023,654	977,571	929,741	880,816	838,641	815,965	795,064	783,744	772,181	758,643	753,008	738,821	752,503	735,124	726,941	720,856	841,206	834,056	808,238	638,097	456,774	433,267	0	0	0
Interest expense:
Deposits
370,581	385,180	384,538	360,312	325,623	284,563	247,688	218,350	192,566	170,933	153,507	138,556	127,875	119,773	111,760	104,751	97,773	91,151	85,785	81,258	76,870	72,961	69,273	65,089	61,780	60,566	59,999	61,210	64,099	66,178	88,757	90,735	92,712	75,773	64,198	74,396	0	0	0
Borrowings
141,139	143,905	140,191	132,454	124,389	114,488	105,439	97,207	88,645	83,256	77,329	72,347	69,936	69,059	66,013	59,723	52,203	44,013	38,697	36,250	34,837	33,690	33,062	32,839	32,341	32,045	35,985	42,096	49,277	57,091	76,498	77,989	78,669	63,164	47,555	46,465	0	0	0
Total interest expense
511,720	529,085	524,729	492,766	450,012	399,051	353,127	315,557	281,211	254,189	230,836	210,903	197,811	188,832	177,773	164,474	149,976	135,164	124,482	117,508	111,707	106,651	102,335	97,928	94,121	92,611	95,984	103,306	113,376	123,269	165,256	168,725	171,382	138,937	111,753	120,861	0	0	0
Net interest income before provision for credit losses
742,460	752,785	862,527	928,805	993,185	1,050,093	993,866	983,162	967,488	950,272	938,945	919,416	894,137	870,385	845,881	813,097	779,765	745,652	714,159	698,457	683,357	677,093	669,846	660,715	658,887	646,210	656,519	631,818	613,565	597,587	675,950	665,331	636,856	499,160	345,020	312,405	0	0	0
Provision for credit losses
124,051	8,904	21,956	21,317	33,059	25,925	18,516	55,170	59,794	68,747	72,035	58,589	59,303	50,911	52,373	45,784	39,872	44,311	54,910	42,478	41,249	41,505	33,494	30,711	28,400	31,964	20,482	24,252	22,096	18,896	33,322	28,200	22,583	13,828	17,437	34,093	0	0	0
Net interest income after provision for credit losses
618,409	743,881	840,571	907,488	960,126	1,024,168	975,350	927,992	907,694	881,525	866,910	860,827	834,834	819,474	793,508	767,313	739,893	701,341	659,249	655,979	642,108	635,588	636,352	630,004	630,487	614,246	636,037	607,566	591,469	578,691	642,628	637,131	614,273	485,332	327,582	278,311	0	0	0
Non-interest income:
Income from resolution of covered assets, net
-	-	862	3,996	-	11,551	16,073	19,339	23,462	27,450	31,795	34,278	35,462	36,155	35,823	39,304	43,502	50,658	50,587	52,748	51,175	49,082	54,256	64,323	72,733	78,862	75,776	68,701	62,924	51,016	50,600	37,785	26,058	18,776	25,564	79,455	0	0	0
Net gain loss on indemnification asset
-	-	-2,274	816	-	-4,199	-9,971	-17,899	-19,087	-22,220	-22,523	-16,692	-18,218	-17,759	-22,328	-39,309	-51,966	-65,942	-59,662	-60,632	-49,757	-46,396	-42,649	-44,068	-55,855	-50,638	-27,175	-22,997	-17,851	-6,030	42,648	56,070	79,919	79,812	15,614	-10,558	0	0	0
Deposit service charges and fees
16,895	16,539	16,081	15,535	14,755	14,412	14,194	13,722	13,464	13,180	7,957	9,877	11,421	12,780	18,825	18,291	17,987	17,876	17,765	17,364	17,058	16,612	16,327	15,725	14,918	14,255	13,692	13,153	13,003	12,716	15,126	14,761	14,180	11,128	8,054	7,913	0	0	0
(Amortization) accretion of FDIC indemnification asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	51,451	77,423	0	0	0
FDIC reimbursement of costs of resolution of covered assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,883	6,512	7,661	9,397	13,319	14,845	15,917	19,569	30,832	33,125	38,033	31,528	22,188	24,209	0	0	0
Gain (Loss) on Sale of Loans and Leases
12,649	12,119	13,124	16,652	15,299	15,864	33,948	27,704	26,532	27,589	9,555	-839	-1,338	-4,406	3,583	22,831	31,957	40,633	27,625	20,113	11,881	21,047	16,425	8,555	4,449	-15,469	-38,137	-33,867	-29,499	-28,657	0	0	0	-	-	-	-	-	-
Gain (loss) on investment securities, net
11,936	21,174	13,957	10,554	8,580	3,159	7,210	33,709	32,194	33,466	33,590	9,667	12,898	14,461	13,052	12,387	9,657	8,480	8,196	6,648	5,520	3,859	3,497	3,768	7,304	8,629	16,396	21,365	18,709	17,039	8,043	2,108	0	-	0	0	-	0	0
Lease financing
64,926	66,631	68,774	64,282	64,769	61,685	59,455	58,651	54,300	53,837	52,043	49,944	47,777	44,738	42,449	43,934	40,004	35,641	34,870	26,319	23,967	21,601	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage insurance income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,885	16,457	20,592	16,904	17,968	16,080	0	0	0
Investment services income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-
Other non-interest income
27,841	30,741	32,252	31,820	29,238	29,550	24,326	24,600	26,881	24,602	28,233	26,164	23,361	20,448	14,978	15,042	13,540	14,878	16,288	14,976	16,000	18,360	11,517	13,772	14,821	14,799	28,843	27,535	27,025	30,373	28,394	27,453	26,405	17,746	8,946	11,851	0	0	0
Total non-interest income
134,247	147,204	142,776	143,655	140,291	132,022	145,235	159,826	157,746	157,904	140,650	112,399	111,363	106,417	106,382	112,480	104,681	102,224	92,018	75,296	74,716	84,165	86,155	85,364	78,116	68,049	37,206	49,230	57,666	73,941	161,287	168,358	199,550	163,217	156,992	207,986	0	0	0
Non-interest expense:
Employee compensation and benefits
228,984	235,330	236,398	244,908	253,194	254,997	257,623	250,338	245,189	237,824	235,023	231,858	227,222	223,011	219,838	219,992	216,085	210,104	202,850	197,537	195,248	195,218	192,552	186,666	180,137	173,763	170,936	168,787	169,711	173,261	322,671	322,053	319,466	272,991	119,693	112,424	0	0	0
Occupancy and equipment
55,377	56,174	55,373	54,512	54,762	55,899	43,767	48,784	53,794	58,100	58,511	58,549	58,363	59,022	77,017	77,253	77,122	76,024	74,482	73,161	71,723	70,520	69,017	67,806	65,691	63,766	62,683	59,837	57,685	54,465	56,778	52,932	48,494	36,680	25,179	22,718	0	0	0
Amortization of FDIC indemnification asset
-	-	128,911	177,166	-	261,763	173,967	170,937	172,350	176,466	178,731	172,463	164,860	160,091	149,248	138,700	127,100	109,411	97,461	87,000	75,734	69,470	64,042	58,448	50,404	36,943	18,352	1,704	0	-	0	0	-	-	-	-	-	-	-
Other real estate owned expense, net (including loss (gain) related to covered OREO of $493, $93, $1,186 and $(2,495))
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,315	22,967	28,106	24,569	18,496	19,522	0	0	0
(Gain) loss on other real estate owned, net (including (gain) loss related to covered OREO of $(2,744), $(7,629), and $5,762)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,943	-3,230	-7,412	-5,762	-4,133	-8,408	-22,162	-23,576	-16,038	-11,480	0	0	0
Foreclosure and other real estate owned expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	20,268	31,727	32,526	34,691	31,977	17,536	21,609	0	0	0
Foreclosure and other real estate owned expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	9,068	11,966	0	0	0
Change in value of FDIC warrant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Deposit insurance expense
17,353	16,991	17,023	18,617	18,213	18,984	19,994	20,383	21,348	22,011	21,767	20,946	19,589	17,806	17,427	16,099	15,031	14,257	12,029	10,866	10,014	9,348	9,076	8,550	7,963	7,648	7,699	7,813	8,035	7,248	11,148	9,242	9,625	8,480	5,936	9,508	0	0	0
Professional fees
15,685	20,352	23,498	25,815	21,535	16,539	21,875	19,383	21,511	23,676	16,703	17,839	16,658	14,249	14,231	14,442	13,518	14,185	13,588	12,599	13,046	13,178	14,385	16,110	19,942	21,934	21,228	20,247	17,241	15,468	19,803	21,421	20,975	17,330	13,385	10,386	0	0	0
Technology and telecommunications
48,937	47,509	43,191	41,459	38,090	35,136	46,891	41,081	36,182	31,252	31,005	31,299	31,275	31,324	14,146	13,851	13,475	13,613	13,743	13,624	13,545	13,381	13,245	12,755	12,973	13,034	12,426	12,963	12,600	12,462	15,398	14,970	15,267	12,041	9,408	9,203	0	0	0
Depreciation of operating lease equipment
49,284	48,493	46,246	44,534	42,521	40,025	38,022	37,057	36,314	35,015	37,231	35,181	33,095	31,580	25,850	24,007	21,433	18,369	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-interest expense
59,851	58,444	60,323	57,240	55,682	57,197	52,994	53,077	53,540	50,624	50,949	53,084	53,834	53,364	53,278	50,956	50,872	50,709	44,445	43,986	44,982	46,629	49,610	49,671	45,915	42,946	41,852	36,451	36,483	34,139	39,139	38,691	35,854	28,161	19,718	17,969	0	0	0
Total non-interest expense
479,267	487,089	614,759	664,251	705,413	740,540	655,133	641,040	640,228	634,968	629,920	621,219	604,896	590,447	571,035	555,300	534,636	506,672	478,350	455,014	438,186	426,503	417,404	405,088	383,965	364,293	328,299	308,904	306,438	307,767	524,330	526,860	539,718	455,805	255,758	250,439	0	0	0
Income before income taxes
273,389	403,996	368,588	386,892	395,004	415,650	465,452	446,778	425,212	404,461	377,640	352,007	341,301	335,444	328,855	324,493	309,938	296,893	272,917	276,261	278,638	293,250	305,103	310,280	324,638	318,002	344,944	347,892	342,697	344,865	279,585	278,629	274,105	192,744	228,816	235,858	0	0	0
Provision (benefit) for income taxes
57,214	90,898	92,543	89,738	89,401	90,784	-224,805	-213,930	-212,003	-209,812	117,867	109,165	108,141	109,703	110,145	54,328	49,861	45,233	30,686	82,766	83,237	89,035	95,329	99,764	108,657	109,066	125,899	133,599	133,483	133,605	157,139	160,187	160,597	129,576	94,297	95,728	0	0	0
Net Income (Loss) Attributable to Parent
216,175	313,098	276,045	297,154	305,603	324,866	690,257	660,708	637,215	614,273	259,773	242,842	233,160	225,741	218,710	270,165	260,077	251,660	242,231	193,495	195,401	204,215	209,774	210,516	215,981	208,936	219,045	214,293	209,214	211,260	122,445	118,441	113,507	63,168	134,519	140,130	0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,899	2,763	1,842	0	-	0	0	-	-	-
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	207,361	191,548	186,907	0	-	0	0	-	-	-
Earnings (loss) per common share, basic and diluted (see Note 2) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.44	-0.72	-	0.55
Earnings Per Share, Basic
-0.33	0.90	0.78	0.81	0.65	0.51	0.90	0.82	0.78	3.81	0.62	0.60	0.57	0.60	0.47	0.53	0.51	0.53	0.96	0.44	0.44	0.45	0.51	0.46	0.53	0.51	0.52	0.52	0.48	0.60	0.48	0.48	0.49	-	0.45	0.44	-	0.48	-
Earnings Per Share, Diluted
-0.33	0.90	0.77	0.81	0.65	0.50	0.90	0.82	0.77	3.79	0.62	0.60	0.57	0.59	0.47	0.52	0.51	0.53	0.95	0.43	0.44	0.45	0.51	0.46	0.53	0.50	0.52	0.52	0.47	0.60	0.48	0.48	0.49	-	0.45	0.44	-	0.48	-
Cash dividends declared per common share (in Dollars per Share)
-	-	-	-	-	-	-	-	-	-	0.21	0.21	0.21	-	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.21	0.17	0.17	0.17	0.14	0.14	0.14	0.14	0.15	0.00