Jan. 21 at 12:38 PM
$BKU
Adjusted Earnings per Share (EPS): Reported at
$0.94, surpassing the consensus estimate of
$0.89.
Net Income: Reported at
$69.3 million, which included a
$3.8 million one-time software write-down. Excluding this, adjusted net income was
$72.0 million.
Revenue: Total revenue was
$288.2 million, exceeding the estimated
$280.05 million.
Net Interest Margin (NIM): 3.06% for the quarter, up from 3.00% in the previous quarter and 2.84% in Q4 2024.
Loan and Deposit Growth: Core loans grew by
$769 million, while non-interest bearing deposits increased by
$485 million.
Dividend Increase: The board approved a
$0.02 per share increase in the quarterly dividend to
$0.33 per share.
Share Repurchase: An additional
$200 million was authorized for the share repurchase program.
Non-interest bearing deposits grew by
$1.5 billion (20%) for the full year.
