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BankUnited (BKU) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

BankUnited (BKU) reported revenue of $285M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +4% from the quarter before. Operating margin was 33.2%, net earnings $70.7M (24.8% of revenue).

Revenue$285M
Year over year+4%
Quarter over quarter+4%
Operating margin33.2%
Net earnings$70.7M

BankUnited, Q2 2026: revenue $285M (+4% year over year), operating margin 33.2%, net earnings $70.7M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$285M+4%+4%
Operating profit$94.4M+15%+0.5%
Net earnings$70.7M+14%+3%
Operating cash flow$129M+602%+9%

What changed

Revenue was $284.6M in Q2 2026, up 4% year over year and up 4% from the previous quarter.

Operating profit was $94.4M, a 33.2% margin (down 1.1 points year over year). Of the extra revenue versus Q2 2025, 4% reached operating profit, below the 34% margin then. Total costs grew 6% against revenue growth of 4%. Net earnings were $70.7M, up 3% year over year. The effective tax rate was 25.1%.

Operating cash flow was $128.6M (up 9% year over year), 182% of net earnings. Non-cash charges added back $11.1M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $41.4M.

Questions

What was BankUnited's revenue in the second quarter 2026?

BankUnited (BKU) reported revenue of $285M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +4% from the quarter before.

Was BankUnited profitable in the second quarter 2026?

Operating profit was $94.4M (33.2% of revenue) and net earnings $70.7M.

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Source: BankUnited 10-Q on SEC EDGAR.