Piper Sandler maintains Neutral rating on BankUnited, $44 price target

Piper Sandler maintained their Neutral rating on BankUnited's stock with a price target of $44.00.

The price target implies an upside of 1.3% from the Oct 27 close of $43.45.

Key takeaways from the analyst note

Underwhelming Financial Results: BankUnited's recent financial performance included balance sheet contraction and a miss in pre-provision net revenue (PPNR), leading to lowered earnings estimates for 4Q26 and 2027. This persistent contraction raises concerns about the bank's ability to generate organic growth, contributing to a Neutral rating on its stock.

Potential for Future Growth: Despite current challenges, there are indications that BankUnited may experience loan growth in 2027, driven by strong pipelines in commercial and industrial (C&I) and commercial real estate (CRE) portfolios. Management's focus on expanding into high-growth markets suggests a possible pathway for recovery, which supports maintaining a Neutral outlook for the stock.

Explore more price target data and ratings for BankUnited on the Forecasts tab.