BKU
BankUnited, Inc.
BKU's outlook is improving, though it still trails on the overall score.
MS
Morgan Stanley
MS has the edge over BKU overall, supported by stronger fundamentals and stronger modeled upside.
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.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
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 has the edge over MS in the historical PE scenario, which offers more potential upside but is not a forecast.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
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.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
MS has the edge over BKU on the outlook, with more favorable revenue expectations.
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's earnings per share have climbed steadily: $3.71 over the past year, up 4.5% from the year before, and higher year over year for eight quarters in a row.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS has the edge over BKU on earnings, with stronger typical year-over-year growth.
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 MS on profitability, with a higher operating margin.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS has the edge over BKU on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
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 has the edge over MS on cash generation, producing positive trailing cash flow while its opponent burns cash.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
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 MS 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 | — |
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has 1.6B diluted shares, down 1.5% from a year ago.
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 MS on leverage, with a lower net debt burden relative to earnings.
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
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).
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
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 MS on valuation relative to its sector.
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% 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.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.
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.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has the edge over BKU on returns for 2026, with the stronger performance.