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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:33 EDTBKUBankUnited reports Q4 EPS 50c, consensus 46c
Reports Q4 NIM 5.24%. Book value and tangible book value per common share grew to $19.09 and $18.41, respectively, at December 31, 2013. The company and its banking subsidiary continue to exceed all regulatory guidelines required to be considered well capitalized. The companys regulatory capital ratios at December 31, 2013 were as follows: Tier 1 leverage 12.4%; Tier 1 risk-based capital 21.1%; Total risk-based capital 21.9%.
News For BKU From The Last 14 Days
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July 1, 2015
10:00 EDTBKUOn The Fly: Analyst Upgrade Summary
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06:22 EDTBKUValley National upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Valley National (VLY) to Neutral saying interest rates being "low for long" could drive bank stocks above fair value at least over the short-term. The firm raised its price target for Valley to $11 from $9.50. JPMorgan also upgraded BankUnited (BKU) this morning to Overweight. Its top picks in the U.S. Mid- and Small-Cap Banks space are SVB Financial (SIVB), KeyCorp (KEY) and First Republic (FRC).
06:19 EDTBKUBankUnited upgraded to Overweight from Neutral at JPMorgan
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