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Published on 4/24/2023 in the Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Moody’s views BankUnited negatively

Moody’s Investors Service said it changed its outlook for BankUnited Inc. to negative from stable and affirmed its ratings, including its Baa2 senior unsecured rating.

“The change in the outlook for BankUnited to negative from stable reflects Moody's view that the elevated challenges which the current operating environment poses for the bank's funding, liquidity, profitability, and capital will create additional headwinds for the bank, offsetting the otherwise positive credit implications of the bank's loan portfolio,” the agency said in a press release.


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