- CEO
- Rajinder Singh
- Full Time Employees
- 1,662
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 14817 Oak Lane Miami Lakes FL United States of America 33016
- IPO Date
- Jan 28, 2011
- Business
- BankUnited, Inc. (NYSE: BKU) operates as the bank holding company for BankUnited, N.A., a national banking association that provides a full range of commercial and consumer banking services primarily in the United States. The company offers deposit products such as commercial and consumer checking accounts, money market deposit accounts, savings accounts, and certificates of deposit with varied terms and rates; treasury, payments, and cash management services; commercial loans including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, 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 covering multifamily apartments, mixed-use commercial properties, industrial properties, warehouses, retail shopping centers, free-standing single-tenant buildings, office buildings, and hotels; residential mortgages; and other consumer loans. Additional services encompass loan servicing and deposit transaction processing systems, cloud-based data storage, electronic funds transfer processing, online banking, ERP systems, computer and networking infrastructure, commercial payments solutions, CDARS for enhanced FDIC insurance, insured cash sweep programs, tax-exempt bonds issuance, working capital financing, merchant card services, revenue cycle management, government finance products such as loans, lines of credit, corporate bonds, certificates of participation, and project finance, as well as trade finance and supply chain solutions including payment risk mitigation through letters of credit. BankUnited maintains banking centers in Florida counties, the New York metropolitan area, and Dallas, Texas, with certain commercial lending, deposit, payments, and treasury management products available nationally and consumer deposits offered through online channels; it targets diverse customers including individuals, small businesses, large corporations, insurance companies, non-depository financial institutions, municipal entities, suppliers, and buyers in trade cycles, with specialized industry expertise in healthcare, non-depository finance, government banking, and supply chain management. Founded in 2009 following the acquisition of the banking operations of the failed BankUnited, FSB from the FDIC by a group of investors including funds advised by The Blackstone Group, The Carlyle Group, Centerbridge Partners, and WL Ross & Co., with John Kanas as Chairman and CEO, the company is headquartered at 14817 Oak Lane, Miami Lakes, Florida. Recent developments include robust net income growth with year-over-year increases for the three and nine months ended September 30, 2025; commercial real estate loan portfolio expansion by $267 million in the quarter ended June 30, 2025; a decline in commercial and industrial loans by $199 million in the same period; the appointment of a new Chief Financial Officer; and strong Q3 2025 financial results featuring improved net interest margins and solid capital position amid strategic portfolio management.