What is BankUnited's FDIC special assessment?

BankUnited (BKU) reported FDIC special assessment of $5.2M in Q1 2024.

What does FDIC special assessment mean?

Non-recurring expenses incurred due to special assessments levied by the Federal Deposit Insurance Corporation to replenish the Deposit Insurance Fund. This represents an external regulatory cost that impacts short-term profitability.

BankUnited BKU FDIC special assessment

FDIC special assessment at other companies

BOK FinancialBOKF

$0-100%

Valley National BankVLY

$1.54M-85.5%

First HorizonFHN

-$2.25M-200%

United Community BanksUCB

$2.27M-51.1%

First HorizonFHN

$13M0.0%

Texas Capital BancsharesTCBI

$4.88M-8.7%

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

See full

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 bku:FDICSpecialAssessment.

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 FDIC special assessment?: BankUnited (BKU) reported FDIC special assessment of $5.2M in Q1 2024.
What does FDIC special assessment mean?: Non-recurring expenses incurred due to special assessments levied by the Federal Deposit Insurance Corporation to replenish the Deposit Insurance Fund. This represents an external regulatory cost that impacts short-term profitability.