Is BankUnited, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for BankUnited, Inc. has moved from attractive to very attractive, indicating a positive shift in its perceived value. 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 compared to its earnings growth potential.
In comparison to its peers, BankUnited's P/E ratio is lower than Atlantic Union Bankshares Corp. at 17.24 and Independent Bank Corp. at 18.40, reinforcing its undervaluation. Additionally, the company's dividend yield of 84.36% and ROE of 8.25% further highlight its financial attractiveness. Over the past year, BankUnited has returned 9.95%, significantly lagging behind the S&P 500's 17.82%, which may suggest potential for price appreciation as the market recognizes its value.