BankUnited is a commercial bank headquartered in Miami Lakes, Florida with roughly $35B in total assets. Its core business is commercial lending and deposit gathering, primarily in Florida and the New York Tri-State area, with newer operations in Atlanta, Dallas, Charlotte, and New Jersey. BankUnited's primary lending products are C&I loans to small and middle-market businesses and CRE loans for multifamily, industrial, retail, and office properties. BankUnited also holds a legacy residential mortgage portfolio purchased through correspondent channels, which it is intentionally running off to remix toward higher-yielding commercial loans. On the deposit side, BankUnited targets small businesses and middle-market companies, with two notable verticals: title services deposits gathered from title companies and deposits from homeowners associations. BankUnited makes money primarily through net interest income, and its core profitability driver is net interest margin, which is largely a function of its share of non-interest-bearing deposits. Management has spent several years remixing the balance sheet — paying down wholesale funding, running off residential mortgages, and growing non-interest-bearing commercial operating accounts — to widen spreads. A smaller but growing portion of revenue comes from fees, including syndication fees, interest rate derivatives, FX, and commercial card revenue. BankUnited's growth strategy is primarily organic, focused on geographic expansion, deepening commercial deposit relationships, and building out fee-generating capabilities.