Filing Flows › BankUnited (BKU) › Q1 2025
BankUnited (BKU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
BankUnited (BKU) reported revenue of $255M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -3% from the quarter before. Operating margin was 31.4%, net earnings $58.5M (22.9% of revenue).
BankUnited, Q1 2025: revenue $255M (+6% year over year), operating margin 31.4%, net earnings $58.5M, operating cash flow $16.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $255M | -3% | +6% |
| Operating profit | $80.1M | -14% | +19% |
| Net earnings | $58.5M | -16% | +22% |
| Operating cash flow | $16.4M | -91% | -75% |
What changed
Revenue was $255.4M in Q1 2025, up 6% year over year and down 3% from the previous quarter.
Operating profit was $80.1M, a 31.4% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 94% reached operating profit, above the 28% margin then. Total costs grew 0% against revenue growth of 6%. Net earnings were $58.5M, up 22% year over year. The effective tax rate was 27.0%.
Operating cash flow was $16.4M (down 75% year over year), 28% of net earnings. Non-cash charges added back $14.1M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items used $61.3M.
Questions
What was BankUnited's revenue in the first quarter 2025?
BankUnited (BKU) reported revenue of $255M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -3% from the quarter before.
Was BankUnited profitable in the first quarter 2025?
Operating profit was $80.1M (31.4% of revenue) and net earnings $58.5M.
Source: BankUnited 10-Q on SEC EDGAR.