Is BankUnited, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for BankUnited, Inc. has moved from fair to attractive, indicating a more favorable assessment of the company's value. The company appears to be undervalued, particularly when considering its P/E ratio of 11, which is lower than the industry average, and a PEG ratio of 0.78, suggesting potential for growth relative to its price. Additionally, the price to book value stands at 0.89, further supporting the undervaluation thesis.
In comparison to peers, BankUnited, Inc. has a P/E ratio of 11.46, which is lower than Atlantic Union Bankshares Corp. at 17.24 and Independent Bank Corp. at 18.40, both of which are considered expensive. Notably, BankUnited's dividend yield of 84.36% is significantly higher than many of its peers, indicating strong returns for shareholders. Despite recent stock performance lagging behind the S&P 500, with a year-to-date return of -5.08% versus the S&P 500's 13.30%, the company's attractive valuation metrics suggest that it may present a compelling investment opportunity moving forward.