BankUnited, Inc. ( BKU - Free Report ) is poised for top-line growth, supported by higher interest rates, a robust loan balance and a focus on strengthening fee income. However, elevated operating expenses, worsening asset quality and huge mortgage loan exposure are headwinds. Looking at its fundamentals, while the company's revenues declined in 2020, the metric recorded a CAGR of 3.2% over three years ended 2022. The uptrend continued in the first nine months of 2023. With decent growth in loans and the company's efforts to improve fee income, its top line is expected to keep improving. BankUnited has been changing its deposit mix to further support revenues. As of Sep 30, 2023, non-interest-bearing demand deposits constituted 28.1% of total deposits. Though we project total revenues to decline 2.3% this year, it will rebound and grow 2% in 2024 and 2.5% in 2025. We project total net loans to grow 1.6% in 2023.