United Financial Bancorp (UBNK) Reports In-Line Q1 EPS

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United Financial Bancorp, Inc. Announces First Quarter Earnings And Quarterly Dividend

April 19, 2016 4:13 PM EDT

GLASTONBURY, Conn., April 19, 2016 /PRNewswire/ -- United Financial Bancorp, Inc. ("United Financial" or "The Company") (NASDAQ Global Select Stock Market: "UBNK"), the holding company for United Bank ("The Bank"), announced results for the quarter ended March 31, 2016.

The Company had net income of $11.9 million, or $0.24 per diluted share, for the quarter ended March 31, 2016, compared to net income for the linked quarter of $9.9 million, or $0.20 per diluted share. Operating net income (Non-GAAP) for the first quarter of  2016 was $10.9 million, or $0.22 per diluted share, compared to $11.3 million, or $0.23... More