University Bancorp 2020 Net Income $28,002,817, $5.39 Per Share; #1 Publicly Traded Bank in U.S. With ROAE of 65.4%

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Jul 31, 2021

ANN ARBOR, MI / ACCESSWIRE / July 30, 2021 / University Bancorp, Inc. (OTCQB:UNIB) announced that it had audited net income of $28,002,817 in 2020, of which $27,702,817 was attributable to University Bancorp, Inc. common stockholders, $5.39 per share on average shares outstanding of 5,141,148 for the year, versus audited net income of $3,616,824 in 2019, of which $3,316,824 was attributable to University Bancorp, Inc. common stockholders, $0.64 per share on average shares outstanding of 5,203,967 for 2019.