Year-End Highlights Net interest margin widened 55 bps to 5.29% year-over-year Earnings per diluted share increased 98.2% to $2.14 for the year ended 2018 Return on average equity improved 81.7% to 14.85% for the year ended 2018 Return on average assets improved 68.5% to 1.87% for the year ended 2018 YTD average loans held for investment grew $426 million, or 33.4%, to $1.70 billion year-over-year YTD average total deposits grew $286 million, or 18.7%, to $1.81 billion year-over-year AMERICAN FORK, Utah, Jan. 28, 2019 (GLOBE NEWSWIRE) — People’s Utah Bancorp (the “Company” or “PUB”) (Nasdaq: PUB) reported net income of $10.7 million for the fourth quarter of 2018 compared with $10.5 million for the third quarter of 2018, and $0.6 million for the fourth quarter of 2017. Diluted earnings per common share were $0.56 for the fourth quarter of 2018 compared with $0.55 for the third quarter of 2018, and $0.03 for the fourth quarter of 2017. For the twelve months ended December 31, 2018, net income was $40.6 million, or $2.14 per diluted common share, compared with $19.8 million, or $1.08 per diluted common share, for the same period a year earlier. The Company has excluded non-recurring income including… Read full this story
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People’s Utah Bancorp Reports Fourth Quarter Results And Year-End 2018 Results; Announces Quarterly Dividend Payment have 290 words, post on world.einnews.com at January 27, 2019. This is cached page on Game Breaking News. If you want remove this page, please contact us.