BankUnited with ticker code (BKU) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 52 and 43 with a mean TP of 47.79. Given that the stocks previous close was at 42.2 this would imply there is a potential upside of 13.2%. The day 50 moving average is 42.99 and the 200 day MA is 42.09. The company has a market capitalisation of $3,603m. Visit the company website at: https://www.bankunited.com
The potential market cap would be $4,080m based on the market concensus.
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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.