People's Utah Bancorp (PUB) Misses Q4 EPS by 1c

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People’s Utah Bancorp Reports Year-End and Fourth Quarter 2015 Results

January 26, 2016 4:15 PM EST

AMERICAN FORK, Utah--(BUSINESS WIRE)-- Peoples Utah Bancorp (the Company) (Nasdaq: PUB) today announced results for the year-end and quarter ended December 31, 2015.

Consolidated net income for the year ended December 31, 2015 was $19.6 million compared to $14.9 million for 2014, an increase of 31.6%. Diluted earnings per share was $1.17 for the year ended December 31, 2015 compared to $0.98 for the prior year, an increase of 19.4%. Diluted earnings per share for 2015 includes the partial year impact of the increased shares issued in the June 2015 initial public offering.

Consolidated net income for the fourth quarter of 2015 was $4.9 million compared to... More