United Community Financial (UCFC) Declares $0.04 Quarterly Dividend; 1.6% Yield

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UCFC Announces Third Quarter Earnings and Dividend

October 17, 2017 4:10 PM EDT

YOUNGSTOWN, Ohio--(BUSINESS WIRE)-- United Community Financial Corp. (Company) (NASDAQ: UCFC), parent company of Home Savings Bank (Home Savings), today announced net income of $7.6 million, or $0.151 per diluted common share, a 37.3% improvement over the $0.110 per diluted common share reported for the quarter ended September 30, 2016.

Third quarter 2017 highlights:

Strong organic loan growth, including loans held for sale, at 15.8% annualized Net interest margin increased to 3.45% Return on average assets of 1.17% Return on average tangible equity of 11.35%... More