MIAMI LAKES, Fla.--(BUSINESS WIRE)--Oct. 19, 2012--
For the first time, Moody's Investors Service has assigned ratings for
BankUnited, NA. in an announcement that noted "BankUnited's financial
metrics are superior to those of similarly-rated U.S. banks." Describing
BankUnited's rating outlook as stable, Moody's ratings translate into a
baseline credit assessment for BankUnited of Baa3.
The announcement is the latest in a series of industry acknowledgements
for BankUnited. Since the bank was established, BankUnited has earned
four consecutive superior five-star ratings from the independent bank
research firm BauerFinancial. In addition, in its annual survey of the
largest U.S. banks released in July 2012, Bank Director magazine
included 467 institutions and ranked BankUnited number 2 in the $5
billion to $50 billion category based on a combination of profitability,
capitalization and asset quality.
BankUnited (NYSE: BKU), headquartered in Miami Lakes, Fla., provides a
wide range of commercial and consumer banking services to businesses and
consumers in 15 Florida counties through more than 95 branches. For
additional information, call (877) 779-2265 or visit www.BankUnited.com.
Source: BankUnited
BankUnited
Amy Hoffman, 954-776-1999, ext. 228
ahoffman@piersongrant.com
or
Mary
Harris, 305-817-8117
MHarris@BankUnited.com
