BankUnited Declares Dividend on Class A Common Stock
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BankUnited Financial Corporation (NASDAQ:BKUNA), parent company of
BankUnited FSB, today announced that its Board of Directors has declared
a cash dividend of one-half cent ($0.005) per share to be paid on March
31, 2008, to stockholders of record as of March 14, 2008.
About BankUnited
BankUnited Financial Corp. is the holding company for BankUnited FSB,
the largest banking institution headquartered in Florida. At Dec. 31,
2007, BankUnited had assets of $14.4 billion.
Serving customers through 86 branches in 13 coastal counties, including
Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Collier, Charlotte,
Manatee, Hillsborough, Sarasota, Lee, Indian River and Pinellas,
BankUnited offers a full spectrum of consumer and commercial banking
products and services, including online products that can be accessed
through http://www.bankunited.com.
For additional information, call 877-779-2265.
Forward-Looking Statements
This press release may contain certain forward-looking statements, which
are based on management's expectations regarding factors that may impact
the company's earnings and performance in future periods. Words and
phrases such as: "will likely result," "expect," "will continue,"
"anticipate," "estimate," "project," "believe," "intend," "should," "would,”
"may," "can," "could," "plan," "target" and similar expressions are
intended to identify "forward-looking statements." Actual results or
performance could differ from those implied or contemplated by such
statements. Factors that could cause future results and performance to
vary materially from current management expectations include, but are
not limited to, general business and economic conditions, either
nationally or regionally; fiscal or monetary policies; significant
weather events such as hurricanes; changes or fluctuations in the
interest rate environment; a deterioration in credit quality and/or a
reduced demand for credit; reduced deposit flows and loan demand; real
estate values; competition from other financial service companies in our
markets; legislative or regulatory changes, including, among others,
changes in accounting standards, guidelines and policies; the issuance
or redemption of additional company debt or equity; the concentration of
operations in Florida, if Florida business or economic conditions
decline; reliance on other companies for products and services; the
impact of war and the threat and impact of terrorism; volatility in the
market price of the company’s common stock;
and other economic, competitive, servicing capacity, governmental,
regulatory and technological factors affecting the company’s
operations, price, products and delivery of services. Please refer to
the documents that BankUnited Financial Corporation files periodically
with the SEC, such as the Form 10-K, Form 10-Q and Form 8-K, which
contain additional important factors that could cause actual results to
differ from the company’s current expectations
and from the forward-looking statements contained in this press release.
