People's Utah Bancorp (PUB) Tops Q2 EPS by 1c

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Go back to People's Utah Bancorp (PUB) Tops Q2 EPS by 1c

People’s Utah Bancorp Reports Second Quarter 2015 Results

July 28, 2015 4:15 PM EDT

AMERICAN FORK, Utah--(BUSINESS WIRE)-- Peoples Utah Bancorp (the Company) (Nasdaq: PUB) today announced results for the quarter ended June 30, 2015.

Consolidated net income for the second quarter of 2015 was $4.7 million compared to $3.1 million for the second quarter of 2014, an increase of 52.4%. Earnings per share was $0.30 per diluted share compared to $0.20 per diluted share in the comparable quarter in 2014, an increase of 46.3%.

We are quite pleased with our successful initial public offering last month and our second quarter 2015 operating results. We have grown our loan portfolio 5.4%, increased deposits by 6.3% since year-end and... More