BKU
BankUnited, Inc.
BKU has a slight edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BKU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
BKU's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like BKU.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
BKU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.6x | $31.80 | -28% |
| Forward | 10x | $43.91 | — |
| Fair | 11x | $41.41 | -5.7% |
| Current | 12x | $43.91 | — |
| Expensive | 14x | $50.31 | +15% |
Historical ranges are pointers, not guarantees.
BKU's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK has the edge over BKU in the historical PE scenario, which offers more potential upside but is not a forecast.
BKU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect BKU's earnings to grow and its profitability to improve, with its revenue holding steady.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
BKU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.21 | +14% |
| Q3 2026 | $3.71 | +4.5% |
| Q2 2026 | $3.65 | +7% |
| Q1 2026 | $3.59 | +11% |
| Q4 2025 | $3.54 | +15% |
| Q3 2025 | $3.55 | +45% |
| Q2 2025 | $3.41 | +51% |
| Q1 2025 | $3.22 | +39% |
| Q4 2024 | $3.08 | +29% |
BKU has the edge over BLK on earnings, with more consistent year-over-year improvement.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
BKU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $280.4M | +1.7% |
| Q2 2026 | $284.6M | +3.9% |
| Q1 2026 | $273.7M | +7.2% |
| Q4 2025 | $288.2M | +9% |
| Q3 2025 | $275.7M | +7.3% |
| Q2 2025 | $273.9M | +9.5% |
| Q1 2025 | $255.4M | +5.7% |
| Q4 2024 | $264.5M | +13% |
BKU's revenue has grown year over year for 10 quarters in a row: $280M last quarter, up 1.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | -1 points |
| Q2 2026 | 33% | -1.1 points |
| Q1 2026 | 30% | -1.5 points |
| Q4 2025 | 31% | -4 points |
| Q3 2025 | 36% | +3.2 points |
| Q2 2025 | 34% | +5.1 points |
| Q1 2025 | 31% | +3.6 points |
| Q4 2024 | 35% | +25 points |
BKU has the edge over BLK on profitability, with a higher operating margin.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over BKU on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
BKU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $250.9M | +152% |
| Q2 2026 | $128.6M | +9.4% |
| Q1 2026 | $18.3M | +12% |
| Q4 2025 | $124.9M | -33% |
| Q3 2025 | $99.7M | +117% |
| Q2 2025 | $117.6M | -13% |
| Q1 2025 | $16.4M | -75% |
| Q4 2024 | $185.5M | +191% |
BKU's free cash flow was $523M over the past year, up 25% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BKU.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
BKU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -1.3M shares |
| 1 year | -5.7% | -4.3M shares |
| 3 years | -4.4% | -3.2M shares |
| 5 years | -23% | -20.5M shares |
| Available history | -26% | -25.1M shares |
BKU has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $98M |
| Q2 2026 | $50.6M |
| Q1 2026 | $60M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has 165M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
BKU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.6x | Very low |
BKU has the edge over BLK on leverage, with a lower net debt burden relative to earnings.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
BKU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.6 | Neutral |
| Stochastic | 37.2 | Neutral |
BKU's weekly RSI is 46 (neutral) and its Stochastic is 37 (neutral).
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
BKU PE vs Financial Services Sector
| Metric | BKU | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 9.1% below |
| PE % | 63 | 63 | Same percentile |
BKU has the edge over BLK on valuation relative to its sector.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
BKU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $43.2 | 1.6% above |
| 20 week MA | $45.4 | 3.3% below |
| 50 week MA | $46.1 | 4.7% below |
| 100 week MA | $41.6 | 5.7% above |
| 200 week MA | $35.4 | 24% above |
BKU's trend is mixed: it's above three of its five weekly moving averages, and 24% above its 200-week average.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over BKU on trend strength, trading above more of its moving averages.
BKU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.4 | $34.1 | -6.2% |
| 2021 | $34.1 | $41.9 | +23% |
| 2022 | $41.9 | $33.7 | -20% |
| 2023 | $33.7 | $32.4 | -3.8% |
| 2024 | $32.4 | $38.4 | +18% |
| 2025 | $38.4 | $45.4 | +18% |
| 2026 YTD | $45.4 | $43.9 | -3.2% |
BKU has finished lower in three of the last six years. It's down 3.2% so far in 2026.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over BKU on returns for 2026, with the stronger performance.