BankUnited, Inc. (NYSE:BKU) reported stronger-than-expected results for the fourth quarter of 2025 on Wednesday, driven by wider net interest margins and robust deposit growth, sending its shares sharply higher.
The lender’s stock rose 6.73% in premarket trading following the announcement.
The Miami Lakes–based bank delivered adjusted earnings of $0.94 per share, beating analysts’ consensus estimate of $0.89. Quarterly revenue totaled $288.2 million, also ahead of expectations of $280.05 million. Net interest margin expanded by six basis points from the prior quarter to 3.06% and was up 22 basis points year on year.
BankUnited reported net income of $69.3 million for the quarter, reflecting a $3.8 million software write-down. Excluding this one-off charge, adjusted net income amounted to $72 million, translating into an annualized return on assets of 0.81%.
“We are pleased to report strong fourth quarter earnings, concluding an outstanding year for BankUnited,” said Rajinder Singh, Chairman, President and Chief Executive Officer. “We continue to execute our organic growth strategy which has resulted in strong performance in NIM, ROA, ROE and EPS.”
The bank recorded notable growth in non-interest-bearing deposits, which rose by $485 million from the previous quarter and by $1.5 billion, or 20%, over the full year. Core loan balances increased by $769 million during the quarter, while the average cost of deposits declined by 20 basis points to 2.18%.
For full-year 2025, BankUnited posted net income of $268.4 million, up 15% from 2024. Earnings per share for the year reached $3.53, compared with $3.08 in the prior year.