BankUnited Inc 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2025Commission File Number:001-35039 BankUnited,Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Registrant’s telephone number, including area code:(305)569-2000 Securities registered pursuant to Section 12(b) of the Act: Name of Exchange on Which Registered New York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)hasbeen subject to such filing requirements for the past 90 days.YesýNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit and post such files).YesýNo o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and "emerging growth company" in Rule12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Emerging growth company☐Non-accelerated filer☐Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Acto Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yeso No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. The number of outstanding shares of the registrant common stock, $0.01 par value, as of May6, 2025 was75,211,923. BANKUNITED,INC.Form10-QFor the Quarter Ended March31, 2025TABLE OF CONTENTS Glossary of Defined TermsPARTI.FINANCIAL INFORMATIONITEM 1.Financial Statements (Unaudited)Consolidated Balance SheetsConsolidated Statements of IncomeConsolidated Statements of Comprehensive IncomeConsolidated Statements of Cash FlowsConsolidated Statements of Stockholders’ EquityNotes to Consolidated Financial StatementsITEM 2.Management’s Discussion and Analysis of Financial Condition andResults of Operations32ITEM 3.Quantitative and Qualitative Disclosures About Market Risk61ITEM 4.Controls and Procedures61PARTII.OTHER INFORMATIONITEM 1.Legal Proceedings61ITEM 1A.Risk Factors61ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds61ITEM 5.Other Information61ITEM 6.Exhibits62SIGNATURES63 GLOSSARY OF DEFINED TERMS The following acronyms and terms may be used throughout this Form 10-Q, including the consolidated financial statements and relatednotes. NPANRSROOREOPCDPDPinnacleREITRPASBASECSOFRTri-StateVA loan Non-performing assetNationally recognized statistical rating organizationOther real estate ownedPurchased credit-deterioratedProbability of defaultPinnacle Public Finance, Inc.Real Estate Investment TrustRisk Participation AgreementU.S. Small Business AdministrationSecurities and Exchange CommissionSecured Overnight Financing RateNew York, New Jersey and ConnecticutLoan guaranteed by the U.S. Department of Veterans Affairs The accompanying notes are an integral part of these consolidated financial statements BANKUNITED, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME - UNAUDITED(In thousands, except per share data) BANKUNITED, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - UNAUDITED(In thousands) The accompanying notes are an integral part of these consolidated financial statements BANKUNITED,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED(In thousands) BANKUNITED,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED (Continued)(In thousands) BANKUNITED,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - UNAUDITED(In thousands, except share data) BANKUNITED,INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITEDMarch31, 2025 Note1 Basis of Presentation and Summary of Significant Accounting Policies BankUnited, Inc. is a national bank holding company with one wholly-owned subsidiary, BankUnited, collectively, the Company.BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individualand corporate customers through bankin