Archive for the Press Releases Category

UNIVERSITY BANCORP 2Q2016 NET INCOME $991,934 $0.194 PER SHARE

For Immediate Release UNIVERSITY BANCORP 2Q2016 NET INCOME $991,934 $0.194 PER SHARE     Ann Arbor, Michigan, September 6, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2016 of $991,934, $0.194 per […]

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UNIVERSITY BANCORP 1Q2016 NET LOSS $224,897, $0.044 PER SHARE

For Immediate Release UNIVERSITY BANCORP 1Q2016 NET LOSS $224,897, $0.044 PER SHARE   Ann Arbor, Michigan, June 15, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net loss attributable to University Bancorp, Inc. common stock shareholders in 1Q2016 of ($224,897), ($0.044) per […]

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UNIVERSITY BANK ISSUES $2.5 MILLION 5.75% PERPETUAL NOTE

For Immediate Release Ann Arbor, Michigan, April 6, 2016, — University Bank, a subsidiary of University Bancorp, Inc. (OTCQB: UNIB), announced that it has issued to a private investor group a $2.5 million Tier 1 Participatory Note Certificate.  The Note Certificate is perpetual and has no maturity […]

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UNIVERSITY BANCORP 2015 NET INCOME $3,139,217, $0.618 PER SHARE

For Immediate Release Ann Arbor, Michigan, April 1, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2015 of $3,139,217, $0.618 per share on average shares outstanding of 5,080,372 for the year, versus […]

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AMERICAN BANKER NOTES UNIVERSITY BANCORP WAS THE #1 TOP PERFORMING PUBLICLY TRADED BANKING FIRM NATIONWIDE IN 2015

For Immediate Release AMERICAN BANKER NOTES UNIVERSITY BANCORP WAS THE #1 TOP PERFORMING PUBLICLY TRADED BANKING FIRM NATIONWIDE IN 2015                             Ann Arbor, Michigan, May 3, 2016, — University Bancorp, Inc. (OTCQB: UNIB), announced that it was ranked as the #1 banking firm in the entire United States […]

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UNIVERSITY BANCORP’S FIRST DIVIDEND: $0.107 PER SHARE

For Immediate Release Ann Arbor, Michigan, February 1, 2016, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its board of directors has declared the Company’s first dividend to its common shareholders, in the amount of $0.107 per share, a payment of approximately $546,000 in total on […]

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UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE             Ann Arbor, Michigan, November 13, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, […]

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UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com   UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE                                 Ann Arbor, Michigan, July 29, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University […]

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FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com   FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE        Ann Arbor, Michigan, July 28, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that Stephen […]

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FUNDAMENTAL GLOBAL TAKES 9.86% STAKE IN UNIVERSITY BANCORP, GAINS FED APPROVAL TO INCREASE STAKE FURTHER

For Immediate Release FUNDAMENTAL GLOBAL TAKES 9.86% STAKE IN UNIVERSITY BANCORP, GAINS FED APPROVAL TO INCREASE STAKE FURTHER                Ann Arbor, Michigan, May 26, 2015, — University Bancorp, Inc. (OTCQB: UNIB) has been informed by Fundamental Global Partners, L.P. & Fundamental Global Master Fund, L.P. that they hold […]

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