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BankUnited BKU Effective tax rates

Effective tax rates at other companies

Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM

Other financials

Income statement

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Revenue$284.6M+3.9%
Net income$70.7M+2.8%
EPS (diluted)$0.97+6.6%

Balance sheet

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Cash & equivalents$367.9M-54.1%
Total debt$318.9M-55.0%
Total equity$3.0B+1.7%
Total assets$34.9B-1.6%

Cash flow

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Operating cash flow$128.6M+9.4%
CapEx-$14.1M-2,220%
Free cash flow$114.6M-2.1%

Valuation

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Market cap$3.3B+21.5%
Enterprise value$3.25B+23.9%
P/E12×+1.5×
P/S2.9×+0.4×

Profitability

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Net margin24.4%-0.2pp
FCF margin29.4%-0.4pp

Returns & leverage

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Return on equity9.2%+0.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by BankUnited in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: BankUnited’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:44 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001504008-26-000079

The Company’s effective income tax rate was 25.1% and 24.7% for the three and six months ended June 30, 2026 and 26.8% and 26.9% for the three and six months ended June 30, 2025, respectively. The effective income tax rates differed from the statutory federal income tax rate of 21% for the three and six months ended June 30, 2026 and 2025 primarily due to the impact of state income taxes.

Item 1. Financial Statements (Unaudited)

FAQ

What is BankUnited's effective tax rates?
BankUnited (BKU) reported effective tax rates of $0.25 in Q2 2026.
How has BankUnited's effective tax rates changed year-over-year?
BankUnited's effective tax rates decreased by 6.3% year-over-year, from $0.27 to $0.25.
What does effective tax rates mean?
Effective tax rates

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