UPDATE: People's Utah Bancorp (PUB) Raises Quarterly Dividend 11.1% to $0.1; 1.2% Yield

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People’s Utah Bancorp Reports First Quarter Results and Announces Increased Quarterly Dividend Payment

April 25, 2018 4:42 PM EDT

 First Quarter Highlights

Total deposits grew $338 million, or 22.99%, to $1.81 billion year-over-yearLoans held for investment grew $536 million, or 46.48%, to $1.69 billion year-over-yearNet interest margin widened 67 bps to 5.22% year-over-yearEarnings per diluted share increased 33.33% to $0.48 for the first quarter of 2018Return on average assets improved to 1.70% for the first quarter of 2018Return on average equity improved to 13.96% for the first quarter of 2018

AMERICAN FORK, Utah, April 25, 2018 (GLOBE NEWSWIRE) -- Peoples... More