BankUnited Financial Corp (NASDAQOTH:BKUNQ)

CAPS Rating: No stars 0.00

A holding company whose primary subsidiary is a banking institution offers an array of banking products and services to consumers and businesses located primarily in South Florida.

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All Players

54 Outperform
96 Underperform
 

All-Star Players

3 Outperform
37 Underperform
 

Wall Street

1 Outperform
3 Underperform
 

Top BKUNQ Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

acontrarian (< 20)
Submitted November 06, 2007

Florida savings and loan with high exposure to PRIME option ARM mortgages. NAV is $22 per share. They have averaged NAV growth of 10% for the past 10 years. Assuming they can keep the bank well capitalized and recover from some bad lending we can… More

JDSancho (99.71)
Submitted June 22, 2008

I wish I could have jumped on this bomb a while before I did (late Feb 08 for the record). It looks like the terrible discipline in yet another S&L is warranting a concern for its liquidity. Doesn't it seem late in the game for banks to still be… More

BKUNQ VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about BKUNQ.

Recs

5
Member Avatar JDSancho (99.71) Submitted: 6/21/2008 10:49:06 PM : Underperform Start Price: $3.99 BKUNQ Score: +208.78

I wish I could have jumped on this bomb a while before I did (late Feb 08 for the record). It looks like the terrible discipline in yet another S&L is warranting a concern for its liquidity. Doesn't it seem late in the game for banks to still be trying to rationalize their liquidity positions? This Minyanville article sums the whole situation up very nicely:

http://www.minyanville.com/articles/bkuna-MBI-wm-abk-FITB-IMB/index/a/17650

Like I've said elsewhere, BKUNA shouldn't feel too sorry for itself. These problems are being felt by the entire industry. I can't understand how just about every bank in the United States lacked the foresight and discipline to sidestep this catastrophy. It's too late to ponder now. Make the underperform call here, collect the points, and hope that a few of these banks collapse so we can rebound and move on to the next bursting bubble.

Recs

0
Member Avatar Citadel7 (93.83) Submitted: 6/19/2008 4:40:41 PM : Underperform Start Price: $2.38 BKUNQ Score: +215.90

Acording to BKUNA 10-K report: "As of December 31, 2007, payment option loans with a balance of $6.9 billion, representing 91% of the payment option portfolio, were negatively amortizing with approximately $317 million, or 4.2%, of their principal balances resulting from negative amortization. As of September 30, 2007, payment option loans with a balance of $6.7 billion, representing 89% of the payment option portfolio, were negatively amortizing with approximately $270 million, or 3.6%, of their principal balances resulting from negative amortization. These loans are subject to interest rate caps."

Recs

0
Member Avatar davidova (< 20) Submitted: 5/22/2008 2:06:08 PM : Outperform Start Price: $3.20 BKUNQ Score: -206.77

:)

Leaderboard

Find the members with the highest scoring picks in BKUNQ.

Score Leader

nicvo

nicvo (98.12) Score: +255.84

The Score Leader is the player with the highest score across all their picks in BKUNQ.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
Gege27 57.91 1/22/2008 Underperform 3M $3.18 -99.84% +128.78% +228.62 0 Comment
clavey15 < 20 9/14/2006 Underperform 1Y $26.37 -99.98% +126.09% +226.07 0 Comment
potqqq 87.86 3/14/2008 Underperform NS $4.09 -99.88% +124.20% +224.08 0 Comment
patman1770 66.09 3/20/2008 Underperform NS $5.59 -99.91% +122.68% +222.59 0 Comment
locosuerte 57.58 10/11/2006 Underperform 1Y $26.02 -99.98% +119.82% +219.80 1 Comment
BigDaddyPoo < 20 3/14/2008 Underperform 3Y $4.21 -99.88% +119.19% +219.07 0 Comment
thearistocrats 71.10 3/3/2008 Underperform 5Y $5.07 -99.90% +118.58% +218.48 1 Comment
shortmcb 95.06 4/14/2008 Underperform 5Y $4.00 -99.88% +118.43% +218.31 0 Comment
lxmcpeters08 67.79 4/11/2008 Underperform 1Y $4.09 -99.88% +116.75% +216.63 0 Comment
Citadel7 93.83 6/18/2008 Underperform NS $2.38 -99.79% +116.11% +215.90 1 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackFBRCapitalM 85.16 6/18/2008 Underperform NS $2.79 -99.82% +115.74% +215.56 0 Comment
TrackRBCCapMkts 85.28 2/13/2008 Underperform NS $5.98 -99.92% +113.98% +213.89 0 Comment
TrackSterneAgee 38.60 1/29/2008 Outperform NS $5.20 -30.25% +3.59% -33.84 5/13/2008 @ $3.63 0 Comment
TrackSOP 22.37 1/11/2008 Underperform NS $4.69 -99.89% +106.72% +206.62 0 Comment
TrackBrandes < 20 12/31/2007 Outperform NS $6.88 -99.93% +99.05% -198.98 2 Comments
TrackStifel 90.57 7/27/2007 Outperform NS $17.09 -92.34% -12.28% -80.05 8/27/2008 @ $1.31 0 Comment
TrackStanfordRes < 20 3/22/2007 Outperform NS $22.32 -99.98% -3.27% -96.71 4/17/2012 @ $0.00 0 Comment
TrackFBRCapitalM 85.16 3/14/2007 Outperform NS $21.58 -49.95% +10.37% -60.32 10/19/2007 @ $10.80 0 Comment
TrackWellsFargo 86.84 2/16/2007 Outperform NS $26.59 -79.47% -4.39% -75.08 2/19/2008 @ $5.46 0 Comment
TrackRBCCapMkts 85.28 10/25/2006 Outperform NS $26.71 -77.39% +0.18% -77.57 2/13/2008 @ $6.04 0 Comment

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