University Bancorp 1Q2026 Net Income $8,904,884 $1.72 Per Share [Yahoo! Finance]
UNIVERSITY BANCORP MICH (UNIB)
US:NASDAQ Investor Relations:
university-bank.com/bancorp
Company Research
Source: Yahoo! Finance
attributable to University Bancorp, Inc. common stock shareholders in 1Q2026 of $8,904,884, $1.72 per share on average shares outstanding of 5,169,518 for the first quarter, versus an unaudited net loss of $(231,170), ($0.04) per share on average shares outstanding of 5,169,518 for 1Q2025. On a fully diluted basis, net income per share in 1Q2026 was $1.37. There were no dilutive instruments outstanding in 1Q2025. Shareholders' equity attributable to University Bancorp, Inc. common stock shareholders was $107,743,551.94 or $20.84 per share, based on shares outstanding at March 31, 2026 of 5,169,518, and $132,743,552 or $20.48 per share, on a fully diluted basis, based on 6,481,854 shares outstanding. President Stephen Lange Ranzini noted, "Return on equity (ROE) at University Bancorp in 1Q2026 annualized was excellent at 35.8%, despite mortgage originations nationwide continuing to be at 30-year lows with respect to units originated. The annualized ROE for the TTM ended March 31, 2
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