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BankUnited BKU State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

Simmons First National logo
Simmons First NationalSFNC
0.9%+0.8pp

Other financials

Income statement

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Revenue$273.7M+7.2%
Net income$61.9M+5.8%
EPS (diluted)$0.83+6.4%

Balance sheet

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Cash & equivalents$384.9M-13.3%
Total debt$319.3M-55.0%
Total equity$3.0B+4.1%
Total assets$35.4B+1.5%

Cash flow

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Operating cash flow$18.3M+11.8%
CapEx-$6.4M-331%
Free cash flow$12.0M-19.8%

Valuation

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Market cap$3.57B+29.2%

Profitability

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Net margin24.4%+0.8pp
FCF margin29.9%+2.7pp

Returns & leverage

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Return on equity9.2%+0.4pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by BankUnited in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: BankUnited’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BankUnited's state income taxes – net of federal income tax benefit?
BankUnited (BKU) reported state income taxes – net of federal income tax benefit of 4.8% in Q4 2025.
What does state income taxes – net of federal income tax benefit mean?
The net impact of state income taxes on the tax provision, adjusted for the federal tax benefit derived from deducting state taxes on the federal return. This provides a clearer view of the actual net cost of state-level taxation.