BankUnited, Inc. Announces 24 Percent Increase in Quarterly Dividend

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BankUnited, Inc. Announces 24 Percent Increase in Quarterly Dividend

<0> BankUnited, Inc.Corporate Communications:Mary Harris, 305-817-8117 </0>

BankUnited, Inc. (NYSE:BKU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share and $0.21 per Preferred Stock share, an increase of $0.04, or 24%, from the previous quarterly dividend of $0.17 per common share and Preferred Stock share. The dividend will be payable on Dec. 27, 2012 to stockholders of record at the close of business on Dec. 13, 2012.

BankUnited, Inc. is a bank holding company with three wholly-owned subsidiaries: BankUnited, N.A., which is one of the largest independent depository institutions headquartered in Florida by assets, BankUnited Investment Services, Inc., a Florida insurance agency which provides comprehensive wealth management products and financial planning services, and Herald National Bank, a commercial bank servicing the New York City market. BankUnited, N.A., is a national bank headquartered in Miami Lakes, Florida with $12.1 billion of assets, more than 1,350 professionals and 96 branches in 15 counties at September 30, 2012.