People's Utah Bancorp (PUB) Declares $0.08 Quarterly Dividend; 1.2% Yield

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People’s Utah Bancorp Reports Year-End 2016 Results and Declares Quarterly Dividend

January 25, 2017 4:31 PM EST

AMERICAN FORK, Utah, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Peoples Utah Bancorp (the Company) (Nasdaq: PUB) today announced results for the year-ended and quarter ended December 31, 2016.  The Board of Directors also declared another quarterly dividend.

Consolidated net income for the year ended December 31, 2016 was $23.6 million compared to $19.6 million for 2015, an increase of 20.4%. Diluted earnings per share was $1.30 for the year ended December 31, 2016 compared to $1.17 for the prior year, an increase of 11.1%.

Consolidated net income for the quarter ended December 31, 2016 was $6.5 million compared to $6.2 million in the third quarter of 2016 and $4.9 million for the fourth... More