Thomas Cornish - BankUnited State President of Florida

BKU Stock  USD 26.71  0.84  3.25%   

President

Mr. Thomas M. Cornish is Chief Operating Officer of the Company, Mr. Cornish was the Bank President, Florida Region from March 2014 through December 2016. From 2003 to March 2014, Mr. Cornish served as President and CEO of Marsh McLennan Agency, Florida Region. Prior to that, he held several senior leadership positions with SunTrust Bank from 1983 through 2003. While with Marsh McLennan Agency, Mr. Cornish was recognized with honors as Miami CEO of the Year by the South Florida Business Journal and the Ultimate CEO by Business Leader Magazine. Mr. Cornish was also elected to the Florida International University School of Business Hall of Fame in 2013. Mr. Cornish currently serves on the Board of Directors and Executive Committee, and previously served as Chairman of the Board of the Florida International University Foundation. He is also the past Chairman of the FIU Wolfsonian Museum and past Chairman of the Board of the Miami Childrens Hospital Foundation. Mr. Cornish is a past Chairman of the Beacon Council and Assurex Global Corporationrationration. He is a past board member of the Camillus House, The Chapman Partnership and past member of the Orange Bowl committee since 2017.
Age 65
Tenure 7 years
Address 14817 Oak Lane, Miami Lakes, FL, United States, 33016
Phone305 569 2000
Webhttps://www.bankunited.com
Cornish earned his B.A. degree from Florida International University.

BankUnited Management Efficiency

Return On Equity is likely to gain to 0.12 in 2024, whereas Return On Tangible Assets are likely to drop 0 in 2024. At this time, BankUnited's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 7.5 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 27.2 B in 2024. BankUnited's management efficiency ratios could be used to measure how well BankUnited manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 5.82 B in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Debt can assist BankUnited until it has trouble settling it off, either with new capital or with free cash flow. So, BankUnited's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BankUnited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BankUnited to invest in growth at high rates of return. When we think about BankUnited's use of debt, we should always consider it together with cash and equity.

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BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida. BankUnited operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 1465 people. BankUnited (BKU) is traded on New York Stock Exchange in USA. It is located in 14817 Oak Lane, Miami Lakes, FL, United States, 33016 and employs 1,588 people. BankUnited is listed under Regional Banks category by Fama And French industry classification.

Management Performance

BankUnited Leadership Team

Elected by the shareholders, the BankUnited's board of directors comprises two types of representatives: BankUnited inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BankUnited. The board's role is to monitor BankUnited's management team and ensure that shareholders' interests are well served. BankUnited's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BankUnited's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tere Blanca, Independent Director
Michael Alford, General Counsel
John Kanas, Chairman, CEO and Pres
Michael Dowling, Independent Director
Michael Quigley, Exec Island
Lynne Wines, Independent Director
Sanjiv Sobti, Independent Director
Kelly Taub, Executive Vice President Director of credit review
Jeffrey Starr, Sr. Executive VP, General Counsel and General Counsel of Bankunited, N.A
Douglas Pauls, Lead Independent Director
William Rubenstein, Independent Director
Joseph Roberto, President New York Banking Operations of BankUnited, N.A.
Christopher Perry, Executive Resources
Hakim Kassam, Sr Fin
Benjamin Stacks, Executive Region
Rishi Bansal, Chief Investment Officer of BankUnited, N.A.
A Prudenti, Independent Director
Joseph DiSanti, Senior Banking
Cristina Mauro, EVP Exec
Lisa Shim, Executive Business
Eugene DeMark, Independent Director
John DiGiacomo, Independent Director
Robert Towbin, Independent Director
Jay Richards, Chief Risk Officer of BankUnited, N.A.
Claire Raley, Senior Officer
Leslie Lunak, CFO and Principal Accounting Officer
Mark Bagnoli, Chief Risk Officer and Chief Risk Officer of Bankunited, N.A
Julio Jogaib, CIO
Rajinder Singh, Chairman of the Board, President, Chief Executive Officer, Director
Thomas Cornish, State President of Florida

BankUnited Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BankUnited a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

BankUnited Investors Sentiment

The influence of BankUnited's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BankUnited. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BankUnited's public news can be used to forecast risks associated with an investment in BankUnited. The trend in average sentiment can be used to explain how an investor holding BankUnited can time the market purely based on public headlines and social activities around BankUnited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BankUnited's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BankUnited's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BankUnited's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BankUnited.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BankUnited in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BankUnited's short interest history, or implied volatility extrapolated from BankUnited options trading.

Pair Trading with BankUnited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BankUnited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BankUnited will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to BankUnited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankUnited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BankUnited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BankUnited to buy it.
The correlation of BankUnited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BankUnited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankUnited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BankUnited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BankUnited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BankUnited Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bankunited Stock. Highlighted below are key reports to facilitate an investment decision about Bankunited Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BankUnited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy BankUnited Stock please use our How to Invest in BankUnited guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running BankUnited's price analysis, check to measure BankUnited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BankUnited is operating at the current time. Most of BankUnited's value examination focuses on studying past and present price action to predict the probability of BankUnited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BankUnited's price. Additionally, you may evaluate how the addition of BankUnited to your portfolios can decrease your overall portfolio volatility.
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Is BankUnited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BankUnited. If investors know BankUnited will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BankUnited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.1
Earnings Share
2.38
Revenue Per Share
11.938
Quarterly Revenue Growth
0.008
The market value of BankUnited is measured differently than its book value, which is the value of BankUnited that is recorded on the company's balance sheet. Investors also form their own opinion of BankUnited's value that differs from its market value or its book value, called intrinsic value, which is BankUnited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BankUnited's market value can be influenced by many factors that don't directly affect BankUnited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BankUnited's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankUnited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankUnited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.