BankUnited with ticker code (BKU) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 51 and 41 with a mean TP of 45.65. Given that the stocks previous close was at 34.88 this would indicate that there is a potential upside of 30.9%. The 50 day moving average now sits at 39.38 and the 200 moving average now moves to 41.67. The market capitalisation for the company is $2,963m. You can visit the company’s website by visiting: https://www.bankunited.com
The potential market cap would be $3,878m based on the market concensus.
BankUnited operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. As of December 31, 2021, it operated through a network of 63 banking centers located in 13 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
