People's Utah Bancorp (PUB) Raises Quarterly Dividend 12.5% to $0.09; 1.3% Yield

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People’s Utah Bancorp Reports Second Quarter 2017 Results; Increases Quarterly Dividend Payment

July 26, 2017 5:27 PM EDT

AMERICAN FORK, Utah, July 26, 2017 (GLOBE NEWSWIRE) -- Peoples Utah Bancorp (the Company) (Nasdaq: PUB), a bank holding company and parent of Peoples Intermountain Bank (Bank), reported net income of $6.5 million compared with $6.5 million in the first quarter of 2017, and $5.6 million for the second quarter of 2016.  Diluted earnings per common share were $0.35 in the second quarter of 2017 compared with $0.36 in the first quarter of 2017, and $0.31 for the second quarter of 2016.  For the six months ended June 30, 2017 net income was $13.0 million, or $0.71 per diluted common share, compared with $10.8 million, or $0.60 per diluted common... More