BankUnited Operating Income vs Other Operating Expenses Analysis

BKU Stock

USD 28.09 0.44 1.54%

BankUnited financial indicator trend analysis is way more than just evaluating BankUnited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BankUnited is a good investment. Please check the relationship between BankUnited Operating Income and its Other Operating Expenses accounts. 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 closely tied 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.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BankUnited Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between BankUnited's Operating Income and Other Operating Expenses is -0.68. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of BankUnited, assuming nothing else is changed. The correlation between historical values of BankUnited's Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of BankUnited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., BankUnited's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from BankUnited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BankUnited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BankUnited. It is also known as BankUnited overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from BankUnited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BankUnited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied 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.At this time, BankUnited's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 195.55 in 2024, whereas Selling General Administrative is likely to drop slightly above 322.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	929.8M	990.6M	1.9B	1.0B
Total Revenue	929.8M	990.6M	1.9B	1.0B

Gross Profit Total Revenue

BankUnited fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.77	0.22	0.48	0.89	0.81	0.76	0.95	0.97	0.28	0.49	0.31	0.98	0.61	0.03	-0.42	-0.31	0.93	0.35	-0.85	-0.46	0.33	-0.43	0.73	-0.41	0.95
Short Long Term Debt Total	0.77		0.41	0.65	0.62	0.51	1.0	0.66	0.72	0.33	0.38	-0.02	0.82	0.62	0.3	-0.25	-0.17	0.62	0.75	-0.71	-0.28	0.75	-0.08	0.66	-0.21	0.76
Other Current Liab	0.22	0.41		0.87	0.41	-0.21	0.44	0.02	0.22	-0.23	-0.31	-0.83	0.24	0.33	0.16	0.55	0.65	0.17	0.65	-0.35	0.53	0.51	0.5	0.23	0.57	0.39
Total Current Liabilities	0.48	0.65	0.87		0.58	0.06	0.69	0.25	0.47	-0.19	-0.03	-0.56	0.51	0.44	0.31	0.33	0.43	0.33	0.7	-0.67	0.26	0.59	0.3	0.63	0.34	0.62
Total Stockholder Equity	0.89	0.62	0.41	0.58		0.54	0.63	0.8	0.9	-0.02	0.34	0.1	0.86	0.65	0.06	-0.12	-0.02	0.87	0.24	-0.85	-0.16	0.15	-0.23	0.61	-0.12	0.96
Other Liab	0.81	0.51	-0.21	0.06	0.54		0.48	0.89	0.79	0.45	0.63	0.6	0.8	0.4	-0.08	-0.72	-0.63	0.77	0.11	-0.56	-0.74	0.22	-0.69	0.61	-0.69	0.64
Net Debt	0.76	1.0	0.44	0.69	0.63	0.48		0.64	0.71	0.25	0.34	-0.05	0.81	0.62	0.29	-0.19	-0.11	0.6	0.74	-0.72	-0.23	0.73	-0.05	0.68	-0.16	0.77
Retained Earnings	0.95	0.66	0.02	0.25	0.8	0.89	0.64		0.94	0.4	0.59	0.48	0.93	0.52	-0.01	-0.62	-0.51	0.94	0.27	-0.74	-0.63	0.29	-0.56	0.61	-0.6	0.84
Accounts Payable	0.97	0.72	0.22	0.47	0.9	0.79	0.71	0.94		0.29	0.5	0.31	0.97	0.57	0.12	-0.42	-0.31	0.93	0.33	-0.9	-0.43	0.32	-0.37	0.72	-0.4	0.94
Cash	0.28	0.33	-0.23	-0.19	-0.02	0.45	0.25	0.4	0.29		0.5	0.36	0.28	0.15	0.17	-0.7	-0.67	0.33	0.31	-0.07	-0.63	0.43	-0.35	-0.02	-0.68	0.09
Non Current Assets Total	0.49	0.38	-0.31	-0.03	0.34	0.63	0.34	0.59	0.5	0.5		0.66	0.51	0.38	0.46	-0.85	-0.83	0.48	0.11	-0.42	-0.86	0.25	-0.61	0.35	-0.83	0.37
Non Currrent Assets Other	0.31	-0.02	-0.83	-0.56	0.1	0.6	-0.05	0.48	0.31	0.36	0.66		0.28	-0.04	0.01	-0.81	-0.86	0.34	-0.41	-0.16	-0.81	-0.29	-0.68	0.15	-0.82	0.1
Other Assets	0.98	0.82	0.24	0.51	0.86	0.8	0.81	0.93	0.97	0.28	0.51	0.28		0.67	0.14	-0.41	-0.3	0.88	0.39	-0.85	-0.44	0.41	-0.36	0.79	-0.38	0.94
Long Term Debt	0.61	0.62	0.33	0.44	0.65	0.4	0.62	0.52	0.57	0.15	0.38	-0.04	0.67		0.23	-0.09	-0.01	0.48	0.2	-0.45	-0.1	0.27	-0.16	0.49	-0.04	0.69
Cash And Short Term Investments	0.03	0.3	0.16	0.31	0.06	-0.08	0.29	-0.01	0.12	0.17	0.46	0.01	0.14	0.23		-0.19	-0.23	-0.04	0.4	-0.3	-0.15	0.47	0.37	0.18	-0.14	0.06
Common Stock Total Equity	-0.42	-0.25	0.55	0.33	-0.12	-0.72	-0.19	-0.62	-0.42	-0.7	-0.85	-0.81	-0.41	-0.09	-0.19		0.98	-0.46	-0.05	0.22	0.98	-0.21	0.69	-0.18	0.99	-0.18
Common Stock Shares Outstanding	-0.31	-0.17	0.65	0.43	-0.02	-0.63	-0.11	-0.51	-0.31	-0.67	-0.83	-0.86	-0.3	-0.01	-0.23	0.98		-0.36	0.01	0.14	0.96	-0.14	0.63	-0.09	0.98	-0.07
Short Term Investments	0.93	0.62	0.17	0.33	0.87	0.77	0.6	0.94	0.93	0.33	0.48	0.34	0.88	0.48	-0.04	-0.46	-0.36		0.28	-0.77	-0.47	0.23	-0.41	0.48	-0.46	0.87
Non Current Liabilities Total	0.35	0.75	0.65	0.7	0.24	0.11	0.74	0.27	0.33	0.31	0.11	-0.41	0.39	0.2	0.4	-0.05	0.01	0.28		-0.42	-0.06	0.95	0.28	0.32	-0.03	0.34
Inventory	-0.85	-0.71	-0.35	-0.67	-0.85	-0.56	-0.72	-0.74	-0.9	-0.07	-0.42	-0.16	-0.85	-0.45	-0.3	0.22	0.14	-0.77	-0.42		0.26	-0.35	0.18	-0.79	0.21	-0.88
Other Stockholder Equity	-0.46	-0.28	0.53	0.26	-0.16	-0.74	-0.23	-0.63	-0.43	-0.63	-0.86	-0.81	-0.44	-0.1	-0.15	0.98	0.96	-0.47	-0.06	0.26		-0.2	0.74	-0.27	0.99	-0.22
Total Liab	0.33	0.75	0.51	0.59	0.15	0.22	0.73	0.29	0.32	0.43	0.25	-0.29	0.41	0.27	0.47	-0.21	-0.14	0.23	0.95	-0.35	-0.2		0.17	0.36	-0.17	0.29
Total Current Assets	-0.43	-0.08	0.5	0.3	-0.23	-0.69	-0.05	-0.56	-0.37	-0.35	-0.61	-0.68	-0.36	-0.16	0.37	0.69	0.63	-0.41	0.28	0.18	0.74	0.17		-0.3	0.72	-0.29
Intangible Assets	0.73	0.66	0.23	0.63	0.61	0.61	0.68	0.61	0.72	-0.02	0.35	0.15	0.79	0.49	0.18	-0.18	-0.09	0.48	0.32	-0.79	-0.27	0.36	-0.3		-0.16	0.73
Common Stock	-0.41	-0.21	0.57	0.34	-0.12	-0.69	-0.16	-0.6	-0.4	-0.68	-0.83	-0.82	-0.38	-0.04	-0.14	0.99	0.98	-0.46	-0.03	0.21	0.99	-0.17	0.72	-0.16		-0.16
Property Plant Equipment	0.95	0.76	0.39	0.62	0.96	0.64	0.77	0.84	0.94	0.09	0.37	0.1	0.94	0.69	0.06	-0.18	-0.07	0.87	0.34	-0.88	-0.22	0.29	-0.29	0.73	-0.16

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BankUnited Account Relationship Matchups

BankUnited fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.9B	35.0B	35.8B	37.0B	35.8B	27.2B
Short Long Term Debt Total	4.9B	3.8B	2.6B	6.1B	5.8B	4.3B
Other Current Liab	4.3B	7.0B	9.0B	8.7B	6.0B	5.7B
Total Current Liabilities	8.6B	10.2B	11.0B	13.2B	10.2B	14.6B
Total Stockholder Equity	3.0B	3.0B	3.0B	2.4B	2.6B	2.5B
Other Liab	364.8M	506.2M	514.1M	543.3M	624.8M	338.0M
Net Debt	4.7B	3.4B	2.3B	5.6B	5.2B	3.8B
Retained Earnings	1.9B	2.0B	2.3B	2.6B	2.7B	1.4B
Accounts Payable	24.4B	27.5B	29.4B	27.5B	31.6B	18.1B
Cash	214.7M	397.7M	314.9M	572.6M	588.3M	404.5M
Non Current Assets Total	8.8B	10.1B	10.9B	10.7B	35.2B	36.9B
Non Currrent Assets Other	(145.9M)	(183.6M)	(170.1M)	(293.5M)	1.1B	1.2B
Other Assets	23.9B	24.5B	24.6B	25.8B	29.7B	18.8B
Long Term Debt	4.9B	3.8B	2.6B	720.9M	5.8B	3.0B
Cash And Short Term Investments	214.7M	397.7M	314.9M	572.6M	9.5B	9.9B
Common Stock Total Equity	951K	931K	856K	757K	681.3K	768.2K
Common Stock Shares Outstanding	95.7M	91.7M	90.4M	78.8M	73.5M	76.1M
Short Term Investments	7.8B	9.2B	10.1B	9.8B	8.9B	6.7B
Liabilities And Stockholders Equity	32.9B	35.0B	35.8B	37.0B	35.8B	27.2B
Non Current Liabilities Total	4.9B	3.8B	2.6B	34.6B	22.9B	17.2B
Inventory	3.9M	3.1M	2.3M	1.9M	1.7M	1.7M
Other Stockholder Equity	1.1B	1.0B	707.5M	321.7M	283.6M	269.5M
Total Liab	4.9B	3.8B	2.6B	34.6B	33.2B	18.6B
Total Current Assets	214.7M	397.7M	314.9M	572.6M	588.3M	558.9M
Accumulated Other Comprehensive Income	(31.8M)	(49.2M)	(15.9M)	(437.9M)	(357.4M)	(339.5M)
Intangible Assets	77.8M	77.7M	77.7M	77.6M	89.3M	70.2M
Common Stock	951K	931K	856K	757K	744K	756.7K
Property Plant Equipment	698.2M	663.5M	640.7M	539.8M	620.8M	444.0M
Net Tangible Assets	2.9B	2.9B	3.0B	2.4B	2.7B	2.6B
Property Plant And Equipment Net	698.2M	663.5M	640.7M	539.8M	371.9M	533.6M
Good Will	77.8M	77.7M	77.7M	77.6M	89.3M	81.9M
Retained Earnings Total Equity	1.9B	2.0B	2.3B	2.6B	2.9B	3.1B
Capital Surpluse	1.1B	1.0B	707.5M	321.7M	289.6M	275.1M
Other Current Assets	471.7M	414.7M	538.9M	736.3M	588.3M	558.9M
Long Term Investments	7.8B	9.2B	10.2B	10.0B	9.2B	5.0B
Property Plant And Equipment Gross	698.2M	663.5M	640.7M	539.8M	582.1M	552.9M
Non Current Liabilities Other	5.0B	3.6B	2.4B	6.2B	7.1B	7.5B
Short Term Debt	4.4B	3.2B	2.1B	4.5B	4.2B	3.8B

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.

Moving together with BankUnited Stock

0.87	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.92	BY	Byline Bancorp Financial Report 25th of July 2024	Pair Corr
0.73	KB	KB Financial Group	Pair Corr

Moving against BankUnited Stock

0.56	ECBK	ECB Bancorp	Pair Corr
0.45	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr

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 Correlation Correlation Matching

Additional Tools for BankUnited Stock Analysis

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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