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United Financial: 3Q Earnings Snapshot

By The Associated Press | October 17, 2018 | Reprints | Unlock Link | Print

United Financial Bancorp Inc. on Tuesday reported third-quarter profit of $16.3 million.

The Hartford-based bank said it had earnings of 32 cents per share.

The holding company for United Bank posted revenue of $79.7 million in the period. Its revenue net of interest expense was $58 million, beating Wall Street forecasts.

United Financial shares have dropped slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.33, a drop of 13 percent in the last 12 months.