'2011 Bank Performance Scorecard' Places BankUnited Sixth of 150 U.S. Banks
MIAMI LAKES, Fla., Sep 19, 2011 (BUSINESS WIRE) --
BankUnited (NYSE:BKU), one of the largest banks headquartered in Florida, earned a superior five-star rating from BauerFinancial in its first evaluation since the bank was established in 2009. At the same time, another entity rated BankUnited sixth on a performance ranking of the 150 largest U.S. publicly traded banks and thrifts.
"These banking industry acknowledgments as well as our growing relationships with business owners and individuals are further confirmation that we are on the right track," said John Kanas, chairman, president and CEO of BankUnited.
Since May 2009, BankUnited has made commercial loans totaling $1 billion, and reported second quarter commercial loan growth of more than 60 percent for the year.
BauerFinancial, an independent bank research firm based in Coral Gables, awarded its top rating of five stars based on its evaluation of federal regulatory data including capital ratio, profitability and loss trends, delinquent loans and other factors.
In a separate report by Bank Director magazine, BankUnited claimed the sixth spot on its "2011 Bank Performance Scorecard," scoring high on both capital and asset quality.
BankUnited (NYSE:BKU), headquartered in Miami Lakes, Fla., is one of the strongest and most well-capitalized banks in the country. Serving businesses and consumers in 13 Florida counties through more than 80 branches, BankUnited provides a wide range of commercial and consumer banking services. For additional information, call (877) 779-2265 or visit www.BankUnited.com.
SOURCE: BankUnited
BankUnited
Savannah Whaley, 954-776-1999, Ext. 225
swhaley@piersongrant.com
or
Maria Pierson, 954-776-1999, Ext. 222
mpierson@piersongrant.com
or
Mary Harris, 305-817-8117
MHarris@BankUnited.com