BankUnited, Inc.
BankUnited, Inc. (NYSE: BKU) is trading at $42.55, about ₹4,087 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.21% today. Indian residents can buy BankUnited from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$42.43
Today's high
$43.32
52 week low
$35.10
52 week high
$52.11
BKU opened at $43.28, closed previously at $43.07, and has traded between $35.10 and $52.11 over the past 52 weeks.
About
BankUnited, Inc. serves as the holding company for BankUnited, its national banking subsidiary, which delivers a comprehensive array of financial services throughout the United States. The company's product suite includes various deposit options such as checking, money market, and savings accounts, as well as certificates of deposit. It also extends services like treasury management, commercial payments, and cash management solutions. Its extensive loan portfolio covers diverse commercial financing, including equipment loans, both secured and unsecured lines of credit, formula-based lending, and financing for owner-occupied commercial real estate (term loans and lines). Other commercial offerings include mortgage warehouse facilities, letters of credit, commercial credit cards, and specialized funding through the Small Business Administration (SBA), U.S. Department of Agriculture (USDA), and Export-Import Bank (Ex-Im Bank). The bank also facilitates trade finance and credit facilities for business acquisitions. Beyond commercial lending, its services encompass general commercial real estate loans, residential mortgages, and a range of other consumer loans. For customer convenience, BankUnited also provides online, mobile, and telephone banking services. As of December 31, 2021, its operations were supported by 63 banking centers across 13 Florida counties and an additional four branches in the New York metropolitan area. BankUnited, Inc., which was formerly known as BU Financial Corporation, was incorporated in 2009 and has its headquarters in Miami Lakes, Florida.
Key statistics
Avg. volume
883.24K
Market cap
$3.09B
P/E Ratio
11.79
Price-to-sales ratio
1.66
Enterprise value
$5.15B
Free cash flow yield
10.57%
Debt-to-equity ratio
0.74
Return on equity
8.79%
ROIC
0.77%
Beta
1.17
Dividend yield
3.01%
Last dividend
$1.28
Financial overview
Revenue
$2.14B
Earnings per share
$3.56
Free cash flow
$358.61M
Net profit margin
14.67%
Gross margin
44.85%
EBITDA
$393.13M
Revenue growth
5.84%
Similar securities
This is not an investment recommendation
How to buy BankUnited from India
Indian residents can buy BankUnited shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for BankUnited and place an order
Find BankUnited by name or by its ticker, BKU, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. BankUnited trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your BankUnited position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in BankUnited from India
Trading and taxes when buying BankUnited from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. BankUnited’s current yield is 3.01%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy BankUnited stock?
Yes. BankUnited (BKU) has been listed on the New York Stock Exchange since 2011, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one BankUnited share cost in rupees?
One BankUnited share is $42.55 — about ₹4,087 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the BankUnited price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying BankUnited from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of BankUnited?
Yes. One BankUnited share is $42.55, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in BankUnited.
How are gains on BankUnited shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the BankUnited price. Paasa issues a capital-gains statement for your return.
Does BankUnited pay a dividend, and how is it taxed in India?
Yes. BankUnited pays a dividend and the current yield is 3.01%; the last declared dividend was $1.28 per share, about ₹122.96. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade BankUnited from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on BankUnited shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare BankUnited shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your BankUnited holding, its cost and its closing value.
How do I sell BankUnited and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.