University Bancorp 2017 Net Income $5,124,358, $0.99 Per Share; Return On Equity Is 28.3%

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Apr 12, 2019
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ANN ARBOR, MI / ACCESSWIRE / April 12, 2018 / University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2017 of $5,124,358, $0.99 per share on average shares outstanding of 5,187,218 for the year, versus audited net income of $3,806,197, $0.75 per share on average shares outstanding of 5,100,899 for 2016. For 2017, additional net income attributed to non-controlling interest was $269,475. For 2016, net income attributed to non-controlling interest was $202,294.