Last $12.57 USD
Change Today -0.10 / -0.79%
Volume 76.1K
UBNK On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

united financial bancorp inc (UBNK) Snapshot

Open
$12.71
Previous Close
$12.67
Day High
$12.71
Day Low
$12.54
52 Week High
11/20/13 - $15.42
52 Week Low
05/15/14 - $12.21
Market Cap
663.9M
Average Volume 10 Days
156.4K
EPS TTM
$0.58
Shares Outstanding
52.8M
EX-Date
07/24/14
P/E TM
21.7x
Dividend
$0.40
Dividend Yield
3.18%
Current Stock Chart for UNITED FINANCIAL BANCORP INC (UBNK)

Related News

No related news articles were found.

united financial bancorp inc (UBNK) Related Businessweek News

No Related Businessweek News Found

united financial bancorp inc (UBNK) Details

United Financial Bancorp, Inc. operates as the holding company for United Bank that provides a line of commercial, business, and consumer banking products and services to customers throughout Central Connecticut and Western Central Massachusetts. It generates various interest bearing deposit products, including NOW and money market accounts, savings accounts, certificates of deposit. Its loans products comprise residential real estate, commercial real estate, construction, commercial business, installment and collateral, and consumer loans. The company also provides various financial advisory products and services. It operates through 50 branches. The company was formerly known as Rockville Financial, Inc. and changed its name to United Financial Bancorp, Inc. in April 2014. United Financial Bancorp, Inc. was founded in 1858 and is based in Glastonbury, Connecticut.

320 Employees
Last Reported Date: 03/14/14
Founded in 1858

united financial bancorp inc (UBNK) Top Compensated Officers

Chief Executive Officer, Director, Chief Exec...
Total Annual Compensation: $439.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $201.4K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $264.8K
Head of Consumer Lending, Executive Vice Pres...
Total Annual Compensation: $289.9K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $244.8K
Compensation as of Fiscal Year 2013.

united financial bancorp inc (UBNK) Key Developments

United Financial Bancorp, Inc. Announces to Build its Presence in Fairfield County; Announces Executive Appointments

United Financial Bancorp, Inc. announced that the hiring of four highly-regarded commercial bankers with strong community ties to Fairfield County, Conn. The entire Fairfield County commercial banking team comes to United Bank from TD Bank and will be led by Maureen Hanley-Bellitto, Senior Vice President and Commercial Team Leader. The company announced the Joining Hanley-Bellitto are: Kim Karl, Vice President, Commercial Banking Officer; Gregory (Greg) Pastor, Jr., Vice President, Commercial Banking Officer; and Kathryn (Kate) A. Eren, Vice President, Cash Management Officer. In addition to these four experienced bankers, the team will be supported by Lisa Stuard of Bethel, Connecticut, Assistant Vice President & Commercial Loan Administrator. Kim Karl, Vice President, Commercial Banking Officer: Karl comes to United Bank from TD Bank Group, where she held the title of Vice President, Commercial Relationship Manager. Gregory Pastor, Jr., Vice President, Commercial Banking Officer: Pastor, most recently held the position of Vice President and Commercial Lender for TD Bank Group. Kathryn A. Eren, Vice President, Cash Management Officer: was most recently with TD Bank, N.A. in New Britain where she was Vice President, Treasury Management. She also worked in TD Bank’s Waterbury office in her role as Assistant Vice President, Merchant Services.

United Financial Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Net Charge-Offs for the Second Quarter of 2014

United Financial Bancorp, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net interest income of $36,879,000 compared to $16,701,000 for the same period a year ago. Net interest income after provision for loan losses was $34,799,000 compared to $16,298,000 a year ago. Loss before income taxes was $5,059,000 compared to income before income taxes of $4,548,000 a year ago. Net loss was $5,571,000 compared to net income of $3,299,000 a year ago. Basic and diluted net loss per share was $0.13 compared to diluted earnings per share of $0.12 a year ago. Negative return on average assets was 0.53% compared to return on average assets was 0.64% a year ago. Negative return on average equity was 4.19% compared to return on average equity of 1.26% a year ago. Tangible book value decreased by $1.53 during the quarter to $9.99 at June 30, 2014 from $11.52 at March 31, 2014, primarily due to capital adjustments related to the merger and the after-tax impact on book value of one-time merger related expenses totaling $15.2 million. For the six months, the company reported net interest income of $53,787,000 compared to $33,208,000 for the same period a year ago. Net interest income after provision for loan losses was $51,257,000 compared to $32,414,000 a year ago. Loss before income taxes was $3,649,000 compared to income before income taxes of $10,878,000 a year ago. Net loss was $4,624,000 compared to net income of $7,850,000 a year ago. Basic and diluted net loss per share was $0.14 compared to basic and diluted earnings per share of $0.29 a year ago. Total operating net income was $5,812,000 compared to $4,019,000 a year ago. Total operating net interest income was $31,931,000 compared to $16,701,000 a year ago. Total operating revenue was $37,661,000 compared to $20,480,000 a year ago. For the second quarter of 2014, the company reported net charge-offs were $237,000, or 0.03% annualized as a percentage of average loans outstanding, and increased by $104,000 from $133,000, or 0.03% annualized as a percentage of average loans outstanding, in the linked quarter.

United Financial Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 4, 2014

United Financial Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend on the company's common stock of $0.10 per share to shareholders of record at the close of business on July 28, 2014 and payable on August 4, 2014. This dividend equates to a 2.97% annualized yield based on the $13.45 average closing price of the company's common stock in the second quarter of 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UBNK:US $12.57 USD -0.10

UBNK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dime Community Bancshares Inc $15.47 USD -0.07
Hudson Valley Holding Corp $17.89 USD -0.06
Meridian Bancorp Inc $10.60 USD -0.05
Northfield Bancorp Inc $13.07 USD -0.08
Oritani Financial Corp $15.04 USD -0.06
View Industry Companies
 

Industry Analysis

UBNK

Industry Average

Valuation UBNK Industry Range
Price/Earnings 100.0x
Price/Sales 5.4x
Price/Book 1.0x
Price/Cash Flow 381.8x
TEV/Sales 0.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UNITED FINANCIAL BANCORP INC, please visit www.unitedfinancialinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.