United Bank's Q1 2016 Results Are In

United Bank

United Bank recently posted strong financial results, especially as compared to its competitors, for the first quarter of 2016.

“United’s earnings continue to be strong compared to most other regional banking companies in the USA,” said chairman and CEO Richard M. Adams. “This consistent, solid financial performance has enabled United to be one of only two major banking companies in the USA to increase dividends for 42 consecutive years.”

United’s return-on-average assets of 1.13% and return-on-average equity of 8.06% both compared favorably to its Federal Reserve peer group's latest numbers (bank holding companies with total assets over $10B), which stood at 0.92% and 7.97%, respectively, for 2015.

Click here to read more about our Bisnow partner.

Continue reading this story with a free account

Log in or register
Related Topics: Q1 2016 , Q1 earnings , United Bank
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Industrious Takes Top Floors In Downtown Lease: The D.C. Deal Sheet

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Denver Construction Costs On The Rise, Surpass National Increases

DCHA Taps Executive Director: The D.C. Deal Sheet

The Multifamily Boom Is Putting HVAC Decisions Back In The Spotlight

Gould Starts $25M East End Office Renovation, Seeks Tenants For Top Floors

Elme Finishes Liquidating With 3 D.C.-Area Sales

What It Takes To Build For A Thriving Prince William County