US regional lender BankUnited gains after Q2 profit beat
18/07/2024 13:41
** U.S. regional lender BankUnited's BKU.N shares rise ~5%
to $36.54 premarket
** Company reports Q2 EPS of 72 cents beating est of 65
cents/shr - LSEG
** "Margin expanded, the cost of deposits declined,
non-interest bearing deposits grew by over $800 mln" - CEO
Rajinder Singh
** Company's Q2 net interest income rose to $226.02 mln vs
$213.88 mln a year earlier
** As of last close, lender's shares up ~7% YTD
(Reporting by Manya Saini in Bengaluru)
((Manya.Saini@thomsonreuters.com))