Today, the COO of BankUnited (NYSE: BKU), Thomas Cornish, sold shares of BKU for $400.2K.
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Based on BankUnited’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $381 million and quarterly net profit of $86.44 million. In comparison, last year the company earned revenue of $327 million and had a net profit of $63.92 million. BKU’s market cap is $4.22B and the company has a P/E ratio of 6.62. Currently, BankUnited has an average volume of 931.3K.
Three different firms, including Goldman Sachs and J.P. Morgan, currently also have a Sell rating on the stock.
The insider sentiment on BankUnited has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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BankUnited, Inc. is a holding company, which engages in the provision of banking and related services to individual and corporate customers. It also offers commercial lending and deposit products through national platforms. The company was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.
