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United Financial: 3Q Earnings Snapshot

United Financial: 3Q Earnings Snapshot

Associated Press

HARTFORD, Conn. (AP) _ United Financial Bancorp Inc. (UBNK) on Tuesday reported third-quarter profit of $16.3 million.

The bank, based in Hartford, Connecticut, 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 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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBNK at https://www.zacks.com/ap/UBNK