BankUnited (BKU) is expanding its footprint in the Sunshine State.
The $12.1 billion-asset company based in Miami Lakes, Fla., said Friday it has opened branches recently in Miami, North Miami, Jupiter and Lighthouse Point.
The locations give BankUnited a total of 98 branches in 15 counties throughout Florida, according to the company, which also is preparing to open at least five more branches in the state and four branches in New York in the coming year.
John Kanas, BankUnited's chief executive, said in a news release the company "is both benefiting from and fueling the rebounding Florida economy."
In wide-ranging interview published Thursday, Kanas told American Banker the company is "close to being done" with expanding its branch network in Florida. "Generally speaking, we're going to concentrate now on reaping the rewards of the good hard work that we put in the last three or four years," he said.