Is BankUnited, Inc. overvalued or undervalued?

As of 23 July 2025, the valuation grade for BankUnited, Inc. has moved from fair to attractive, indicating a positive shift in its investment appeal. The company appears to be undervalued, supported by a P/E ratio of 11, a Price to Book Value of 0.89, and a PEG Ratio of 0.78, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, BankUnited's P/E ratio is notably lower than Atlantic Union Bankshares Corp., which has a P/E of 17.24, and Independent Bank Corp. at 18.40, further reinforcing the notion of undervaluation. Despite recent stock performance lagging behind the S&P 500, with a 1Y return of 6.96% compared to 17.14% for the index, the attractive valuation metrics suggest potential for future appreciation.