At BankUnited we pride ourselves on strong relationships with our customers, our team members, our shareholders and the communities where we live and work. We are committed to doing what is right and will invest our resources in activities that seek to make a positive impact for all stakeholders.
Our Vision
To be the leading regional commercial and small business bank, with a distinctive value proposition based on strong service-oriented relationships, robust digital-enabled customer experiences, and operational excellence with an entrepreneurial work environment that empowers employees to deliver their best.
Our Core Principles
Our core principles come to life through the dedicated efforts of each of our team members who aim to “GO FOR MORE™” — by being inclusive, respectful, and empowering. Through the regular application of these eight core principles, we continue to uphold our reputation as a company that provides value to our stakeholders.
- Innovation and the continuous improvement mindset
- Customer first culture
- Inclusive community of advocacy, respect and equality
- Intellectual honesty in our decision-making process
- Transparency and accountability
- Bias towards action
- Integrity
- Long-term value creation for all stakeholders
Shareholder Engagement & Value Creation
We engage with our shareholders on a year-round basis and value the feedback and perspectives we receive, which help inform the Company’s strategic priorities. The Board of Directors recognizes the importance of maintaining constructive, transparent relationships with our investors and encourages open dialogue with shareholders, potential investors, proxy advisory firms and investment analysts. Management actively participates in the investor community through quarterly earnings releases and calls, investor presentations, press releases regarding interim developments, and participation in investor conferences and non-deal roadshows. Our CEO and CFO regularly engage with existing and prospective shareholders through in-person and virtual meetings throughout the year.
Targeted Shareholder Outreach, Feedback, and Company Response
In addition to ongoing engagement, we conduct targeted shareholder outreach, particularly in advance of the annual meeting and proxy season. Members of management, including the CFO, meet with shareholders virtually to discuss matters relevant to the upcoming proxy, including corporate governance, executive compensation, and related topics.
In 2025, we conducted outreach to 15 of our top shareholders, representing approximately 62% of our outstanding shares, resulting in five virtual meetings. The Company's CFO and Lead Independent Director, who also serves on the Nominating and Corporate Governance Committee (“NCG”) committee and as Chair of the Risk committee, participated in these meetings, reflecting the Board’s commitment to direct shareholder engagement. During these outreach discussions, shareholders provided feedback on executive compensation design and pay-for-performance alignment, updates to the 2023 Omnibus Equity Incentive Plan, and the Company’s corporate governance practices and Board oversight. Shareholders expressed support for the Company’s executive compensation program and did not recommend any significant changes. Shareholders also emphasized the importance of continued transparency in executive compensation disclosures, particularly with respect to performance metric selection and rationale underlying compensation decision-making. In addition, shareholders provided feedback regarding the Company's AI governance, recommending enhanced disclosure around the Board’s oversight of AI, related risk management practices and governance frameworks.
Shareholders also expressed positive views regarding the Company’s Board leadership, composition and governance approach. In response to this feedback, the Company has continued to enhance disclosures in its Proxy Statement regarding the performance metrics used in executive compensation and the rationale for selecting those metrics, and has added disclosure regarding the Board’s oversight of emerging risks, including artificial intelligence.
Delivering Shareholder Value
Creating long-term shareholder value remains a core focus of the Company’s strategy. The Board and management are committed to disciplined capital deployment, including returning capital to shareholders through dividends and share repurchases, while maintaining strong capital and liquidity positions. In July 2025, the Board authorized a $100 million share repurchase program, followed by the authorization of an additional $200 million share repurchase program in January 2026. Repurchases under these programs have been executed in a disciplined manner, consistent with market conditions, the Company's capital position and amount of retained earnings, regulatory requirements and other considerations.
The Company has also demonstrated a consistent commitment to returning capital to shareholders through dividends, with annual dividend growth since 2022. Most recently, the Board approved an increase in the quarterly dividend to $0.33 per share, with the first quarterly dividend at this level payable in April 2026.
At BankUnited, we give back to the communities in which we live and work because we believe vibrant communities sustain our neighborhoods and are the foundation of successful businesses. We are proud of the impact we have made on our geographic footprint through our commitment to our customers, shareholders, employees, and the communities we serve.
In 2025, our employees reported a total of 4,409 volunteer hours and the bank provided $3.5 million in grants, sponsorships and contributions to over 250 community organizations.
More information on these initiatives can be found in our Social Impact Report.
We continue to invest in our digital platforms to enhance the banking experiences of our consumer and small business customers. Our digital banking app allows our customers to safely manage their accounts from anywhere at any time. Customers can check account balances, pay bills, transfer funds, pay friends and family and set up account alerts.
We are committed to supporting the growth and development of small businesses in our markets. We offer a variety of small business loan and deposit products. As a U.S. Small Business Administration Preferred Lender, we offer our clients several types of SBA loans, including 7(a), Express and 504 loans.
Partnerships with our key suppliers are integral to providing high quality banking services. Strong supplier partnerships help elevate our brand and strengthen our competitive position.
We have a robust third-party risk management function that ensures proper management of the risks attendant to reliance on third parties in providing banking services and adherence to applicable regulatory requirements. Our third-party risk management framework encompasses initial and ongoing supplier due diligence, contract lifecycle management and performance monitoring.
As part of our commitment to partnering with innovative third-party suppliers, BankUnited places the utmost emphasis on the ethical behavior of the suppliers we contract with. In keeping with the high standards we hold ourselves to, we’ve developed the BankUnited Vendor Code of Conduct that outlines the expectations of our significant third-party suppliers.
Governance and Risk Oversight
We recognize that climate-related risks may present financial and operational considerations for the Company over time. Oversight of climate-related risks is embedded within the Company’s enterprise risk management framework. The Risk Committee of the Board oversees the execution of the Company’s enterprise risk governance framework and considers existing and emerging risks, including climate-related risks, as part of its regular oversight activities. Management continues to monitor developments related to climate risk and evaluates how such risks may be incorporated into governance, strategy, and risk management processes, as appropriate.
Climate-Related Risks
Climate change has the potential to affect the Company’s business through both physical risks, such as the increased frequency or severity of weather events, and transition risks arising from changes in regulation, technology, market conditions, or customer preferences. The Company currently relies primarily on qualitative assessments to understand potential climate-related impacts and inform decision-making and will continue to refine these assessments as industry practices and methodologies evolve.
Sustainable Finance Activities
We maintain a sustainability finance practice within our Corporate Banking division. As of December 31, 2025, the Company’s loan portfolio included approximately $823 million of loans in categories such as renewable energy, energy efficiency, clean transportation, sustainable water, environmental remediation, emissions reduction, climate adaptation, and the financing of energy-efficient or LEED-certified properties. In addition, our securities portfolio included approximately $306 million in bonds designated by issuers as green, social, or sustainability bonds