BankUnited, National Association
Miami Lakes, Florida, Miami-Dade County
$34.9B in total assets, the 66th largest of 4,309 US banks and 4th of 84 headquartered in Florida.
- FDIC certificate
- 58979
- Established
- 2009
- Owned by
- Bankunited Inc
- Primary regulator
- OCC
- Website
- www.BankUnited.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $34.9B | 75% | $22.4B | |
| Loans | $23.9B | 74% | $14.4B | |
| Deposits | $29.1B | 79% | $18.0B | |
| Return on assets | 0.90% | 18% | 1.30% | |
| Net interest margin | 3.06% | 22% | 3.62% | |
| Efficiency ratio | 57.7% | 64% | 55.1% | |
| Equity to assets | 9.13% | 16% | 11.60% | |
| Loans to deposits | 82% | 34% | 87% |
Growth
Total assets grew -0.4% a year over the last 5 years and 2.9% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2013 | Herald National Bank New York, NY, an affiliate under the same holding company | $490M |
| May 2009 | BankUnited, FSB Coral Gables, FL | $13.1B |
Where they operate
57 branches in 18 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Miami-dade County, FL | $17.1B | 8.1% | 5 of 58 |
| New York County, NY | $5.6B | 0.3% | 26 of 83 |
| Suffolk County, NY | $2.2B | 3.4% | 9 of 22 |
| Broward County, FL | $1.7B | 2.4% | 8 of 43 |
| Palm Beach County, FL | $683M | 1.0% | 19 of 56 |
| Dallas County, TX | $506M | 0.2% | 47 of 109 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 47 branches since 2016 (104 to 57, −45.2%). 10 opened, 0 acquired, 57 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 104 | |||
| 2016 | Opened Fort LauderdaleClosed 5 in Florida | 1 | 5 | −4 | 100 |
| 2017 | Closed 7 in Florida | 0 | 7 | −7 | 93 |
| 2018 | Closed 8 in 2 states | 0 | 8 | −8 | 85 |
| 2019 | Opened Fort Lauderdale and Winter ParkClosed 7 in Florida | 2 | 7 | −5 | 80 |
| 2020 | Opened Coral GablesClosed 6 in 2 states | 1 | 6 | −5 | 75 |
| 2021 | Closed 8 in Florida | 0 | 8 | −8 | 67 |
| 2022 | Opened Dallas and MiamiClosed 10 in Florida | 2 | 10 | −8 | 59 |
| 2023 | Closed Saint Petersburg | 0 | 1 | −1 | 58 |
| 2024 | Opened BradentonClosed 4 in Florida | 1 | 4 | −3 | 55 |
| 2025 | Opened AtlantaClosed Delray Beach | 1 | 1 | 0 | 55 |
| 2026 through Q2 | Opened Saint Petersburg and Tampa | 2 | 0 | +2 | 57 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 29% | 25% | |
| 1-4 family residential | 28% | 21% | |
| Business (C&I) | 20% | 17% | |
| Multifamily | 5% | 8% | |
| Construction and land | 3% | 6% | |
| Consumer | 0% | 10% | |
| Other | 16% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 57% | 62% | |
| Noninterest-bearing | 35% | 20% | |
| Time deposits | 8% | 18% |
Brokered deposits are 10.4% of deposits (peers 7.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.55% | 0.63% |
| Net charge-offs, annualized | 0.35% | 0.14% |
| Reserves to loans | 0.91% | 1.15% |
| Leverage ratio | 9.43% | 10.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Miami-dade County, FL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/bankunited