United Financial Bancorp (UBNK) Declares $0.12 Quarterly Dividend; 2.9% Yield

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

April 17, 2018 4:36 PM EDT

HARTFORD, Conn., April 17, 2018 (GLOBE NEWSWIRE) -- United Financial Bancorp, Inc. ("United Financial" or the "Company") (NASDAQ: UBNK), the holding company for United Bank (the "Bank"), announced results for the quarter ended March 31, 2018.

The Company reported net income of $15.8 million, or $0.31 per diluted share, for the quarter ended March 31, 2018, compared to net income for the linked quarter of $9.5 million, or $0.19 per diluted share. The Company reported net income of $13.7 million, or $0.27 per diluted share, for the quarter ended March 31, 2017.

"I am pleased to report 15% year-over-year earnings per... More