GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankUnited Inc (NYSE:BKU) » Definitions » Momentum Rank

BankUnited (BankUnited) Momentum Rank : 8 (As of Apr. 27, 2024)


View and export this data going back to 2011. Start your Free Trial

What is BankUnited Momentum Rank?

BankUnited has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of BankUnited's Momentum Rank

For the Banks - Regional subindustry, BankUnited's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BankUnited's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankUnited's Momentum Rank distribution charts can be found below:

* The bar in red indicates where BankUnited's Momentum Rank falls into.



BankUnited Momentum Rank Related Terms

Thank you for viewing the detailed overview of BankUnited's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


BankUnited (BankUnited) Business Description

Traded in Other Exchanges
N/A
Address
14817 Oak Lane, Miami Lakes, FL, USA, 33016
BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. most of its revenue comprises net interest income derived mostly from loans.
Executives
Germaine Smith-baugh director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Kevin A. Malcolm other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
A. Gail Prudenti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jay D. Richards officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
John N. Digiacomo director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Douglas J Pauls officer: Chief Financial Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Sanjiv Sobti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rishi Bansal other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rajinder P Singh officer: Chief Operating Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Leslie Lunak officer: Chief Financial Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Michael R. Alford officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
William S. Rubenstein director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Mark Bagnoli officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Thomas M. Cornish officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jeffrey Starr officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016

BankUnited (BankUnited) Headlines

From GuruFocus

BankUnited Inc's Dividend Analysis

By GuruFocus Research 10-11-2023

BankUnited, Inc. Announces Quarterly Dividend

By Business Wire Business Wire 12-20-2022

BankUnited, Inc. Announces Quarterly Dividend

By Business Wire 12-28-2023

Top 5 1st Quarter Trades of SALZHAUER MICHAEL

By GuruFocus Research GuruFocus Editor 05-10-2022

BankUnited, Inc. to Announce Second Quarter Results

By Business Wire 07-03-2023

BankUnited, Inc. Announces 9 Percent Increase in Quarterly Dividend

By Business Wire Business Wire 03-23-2022

BankUnited, Inc. to Announce Second Quarter Results

By Business Wire Business Wire 06-30-2022

SALZHAUER MICHAEL Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-05-2022