BankUnited

BankUnited, Inc.

Type	Public
Traded as	NYSE: BKU Russell 1000 Component
Industry	Financial services
Predecessor	BankUnited Financial Corporation
Founded	2009 (2009)
Headquarters	Miami Lakes, Florida, United States
Area served	Florida, Tri-state market of New York, New Jersey and Connecticut
Key people	John A. Kanas (Chairman) Rajinder P. Singh (President & CEO) Thomas M. Cornish (Chief Operating Officer) Leslie Lunak (Chief Financial Officer)
Revenue	US$ 1.362 billion (2017)
Net income	US$ 614.3 million (2017)
Total assets	US$ 30.35 billion (2017)
Total equity	US$ 3.026 billion (2017)
Number of employees	1,763 (2017)
Website	www.bankunited.com

BankUnited, Inc., with total consolidated assets of $30.3 billion at December 31, 2017, is a 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 individual and corporate customers through 87 banking centers located in 15 Florida counties and 6 banking centers in the New York metropolitan area. The Bank also provides certain commercial lending and deposit products on a national platform. The Company endeavors to provide, through experienced lending and relationship banking teams, personalized customer service and offers a full range of traditional banking products and services to both commercial and retail customers. ^[1]

BankUnited, Inc. was organized by a management team led by John A. Kanas and was initially capitalized with $945.0 million by a group of investors including W.L. Ross, Blackstone Group, The Carlyle Group and Centerbridge Partners.^[2] On May 21, 2009, BankUnited acquired substantially all of the assets and assumed all of the non-brokered deposits and substantially all other liabilities of BankUnited, FSB, from the FDIC in the FSB Acquisition.^[1] On February 2, 2011, the Company completed its IPO.^[2]

Today, BankUnited focuses on the financial needs of growing companies and their executives, consumers and commercial and middle-market businesses in the markets it serves. The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products.^[3]

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