BankUnited to Host Annual Shareholder Meeting
April 28 2009 - 12:02PM
Business Wire
BankUnited Financial Corporation (NASDAQ:BKUNA), parent company
of BankUnited FSB, will hold its annual shareholder meeting at 8:00
a.m. on Monday, May 4, 2009. The meeting will be held at the Hyatt
Regency Coral Gables, 50 Alhambra Plaza, Coral Gables, Fla.
About BankUnited
BankUnited Financial Corp. is the holding company for BankUnited
FSB, the largest banking institution headquartered in Florida.
BankUnited serves customers through 85 branches in 13 coastal
counties of Florida, including Miami-Dade, Broward, Palm Beach,
Martin, St. Lucie, Collier, Charlotte, Manatee, Hillsborough,
Sarasota, Lee, Indian River and Pinellas, BankUnited offers a full
spectrum of consumer and commercial banking products and services,
including online products that can be accessed through
http://www.bankunited.com. For additional information, call (877)
779-2265.
Forward-Looking Statements
This notice contains certain forward-looking statements, as
defined in Section 27A of the Securities Act of 1933, as amended
(the �Securities Act�), and Section 21E of the Securities Exchange
Act of 1934, as amended (the �Exchange Act�). Forward-looking
statements are statements that are not historical facts and,
without limitation, include predictions, forecasts, indications or
discussions of future results, performances or achievements.
Certain statements including words such as: �will likely result,�
�expect,� �will continue,� �anticipate,� �estimate,� �project,�
�believe,� �intend,� �will,� �should,� �would,� �could,� �may,�
�can,� �plan,� �target� and similar expressions, are intended to be
�forward looking statements� within the meaning of the Private
Securities Litigation Reform Act of 1995 (�PSLRA�). In particular,
statements relating to future actions, trends in the Company�s
business, prospective services or products, future performance or
financial results and the outcome of contingencies, such as legal
proceedings, are considered forward-looking statements. The Company
claims the protection afforded by the safe harbor for
forward-looking statements provided by the PSLRA.
Forward-looking statements may include, but are not limited to,
the estimates of the Company�s 2008 fiscal year end and first
quarter 2009 financial results; discussions concerning national and
regional business and economic conditions; fiscal and monetary
policies; changes in interest rates; deterioration in the general
economy and the credit markets; changes in policy or discretionary
decisions by the FHLB, the FDIC or the Federal Reserve; a reduced
demand for credit; a decrease in deposit flows, loan demand or
deposits or other customers; risks associated with residential
mortgage lending or the decline in the housing market, including,
without limitation, continued deterioration in credit quality,
reduced real estate values and slower sales, interest rate changes,
payment elections by borrowers of option ARM loans and
deterioration in the ability of borrowers to repay their loans and
other debts; uncertainty about the effectiveness of the U.S.
Treasury�s Troubled Asset Relief Program Capital Purchase Program
(�TARP�); competition from other financial service companies in the
Company�s markets; potential or actual actions by regulators,
including, without limitation, receivership based upon the
Company�s inability to comply with the Order requiring the Bank to
have a certain level of capital ratios as of December 31, 2008,
new, changed or increased regulatory restrictions and the ability
to comply with such restrictions; the outcome of existing and any
new legal proceedings against the Company, including adverse
decisions in significant actions including but not limited to,
actions brought by federal and state authorities and class action
cases; changes in regulations, laws, policies or standards,
including, among others, changes in accounting standards,
guidelines and policies; volatility in the market price of the
Company�s common stock; unfavorable conditions in the capital
markets; the possible loss of key personnel; the possible inability
to successfully implement strategic initiatives, and other
economic, competitive, servicing capacity, governmental, regulatory
and technological factors affecting the Company�s operations,
price, products and delivery of services; the possibility that the
commercial loan, commercial real estate loan and consumer loan
market may continue to deteriorate; the possible inability to
successfully raise and maintain capital needed to continue
operations; the outcome of tax audits; the issuance, redemption or
deferral of payments on the Company�s debt or equity; the
concentration of operations in Florida; reliance on other companies
for products and services; and acts of terrorism, war, other
man-made or natural disasters, including hurricanes, that may
adversely affect the Company�s business and operations.
The Company is not able to make any assurances, including but
not limited to any assurances that the increased rate of sale of
foreclosed homes will continue in future periods; that the
percentage of unsold homes in escrow or under negotiation will be
representative of the number or percentage of homes sold in future
periods; that the Company will be able to attract or maintain the
needed complement of accounting personnel to remediate the material
weaknesses on a timely basis; that the Company will have adequate
liquidity in future periods; that Company will be able to regain
its status of �well-capitalized;� or that the regulatory
authorities will not take enforcement action against the Bank, such
as placing the Bank into receivership.
Actual results or performance could differ from those implied or
contemplated by forward-looking statements. The Company wishes to
caution readers not to place undue reliance on any forward-looking
statements, which speak only as of the date made, and are not
historical facts or guarantees of future performance. Other factors
that could cause actual results to differ materially are: (i) other
risks and uncertainties described from time to time in the
Company�s filings with the SEC; and (ii) other risks and
uncertainties that have not been identified at this time.
Information in this notice is solely as of the dates, and for the
periods, indicated. The Company does not undertake, and
specifically disclaims any obligation, to publicly update or revise
any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date
of such statements, whether as the result of new information,
future events or otherwise. In light of these risks, uncertainties
and assumptions, the forward-looking events discussed in or
incorporated by reference into this report might not occur.
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