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Update: BankUnited Shares Rise After Higher Q2 Revenue
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Update: BankUnited Shares Rise After Higher Q2 Revenue
Jul 18, 2024 9:16 AM

11:51 AM EDT, 07/18/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

BankUnited ( BKU ) shares were up 5.2% in recent Thursday trading after the company reported higher Q2 revenue.

The company reported Q2 earnings Thursday of $0.72 per diluted share, down from $0.78 a year earlier.

Analysts polled by Capital IQ expected $0.65.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $250.2 million, compared with $239.4 million a year earlier.

Analysts surveyed by Capital IQ expected $243.7 million.

Price: 36.46, Change: +1.80, Percent Change: +5.18

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