Inactive Instrument

Altabancorp

ALTA

US0213471099

People's Utah Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 28, 2020 at 10:22 pm

People's Utah Bancorp announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 27.100 million compared to USD 28.074 million a year ago. Net income was USD 11.695 million compared to USD 10.678 million a year ago. Basic earnings per share was USD 0.62 compared to USD 0.57 a year ago. Diluted earnings per share was USD 0.61 compared to USD 0.56 a year ago. For the full year, net interest income was USD 109.918 million compared to USD 108.178 million a year ago. Net income was USD 44.324 million compared to USD 40.632 million a year ago. Basic earnings per share was USD 2.35 compared to USD 2.18 a year ago. Diluted earnings per share was USD 2.33 compared to USD 2.14 a year ago.

Latest news about Altabancorp

Glacier Bancorp : Completes Altabancorp Acquisition	01/10/21	MT
Altabancorp Ceases Directors and Executive Officers	01/10/21	CI
Altabancorp(NasdaqCM:ALTA) dropped from S&P Global BMI Index	01/10/21	CI
Altabancorp(NasdaqCM:ALTA) dropped from S&P TMI Index	01/10/21	CI
Altabancorp's Equity Buyback announced on November 20, 2020, has expired.	30/09/21	CI
Glacier Bancorp, Inc. completed the acquisition of Altabancorp from a group of shareholders.	30/09/21	CI
Altabancorp(NasdaqCM:ALTA) dropped from NASDAQ Composite Index	30/09/21	CI
Altabancorp Declares Special Dividend, Payable on September 29, 2021	17/09/21	CI
Tranche Update on Altabancorp's Equity Buyback Plan announced on November 20, 2020.	09/08/21	CI
Insider Trends: Insider at Altabancorp Acquires Stock Via Conversion of Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact	06/08/21	MT
Insider Trends: Altabancorp Insider Exercises Option/Derivative Security to Acquire Stock Sells Portion to Pay Tax, Buy Trend Intact	06/08/21	MT
Altabancorp Declares Quarterly Dividend, Payable on August 16, 2021	28/07/21	CI
Insider Trends: Insider Prolongs 90-Day Selling Trend at Altabancorp	22/07/21	MT
Dale O. Gunther Supports the Merger Agreement by Entered into a Voting Agreement and Irrevocable Proxy with Altabancorp	20/05/21	CI
ALTABANCORP : Piper Sandler Downgrades Altabancorp to Neutral From Overweight, Adjusts Price Target to $49 From $46	20/05/21	MT
ALTABANCORP : Raymond James Downgrades Altabancorp to Market Perform From Outperform	20/05/21	MT
Sector Update: Financial Stocks Sink Wednesday in Market Tumult	19/05/21	MT
Sector Update: Financial	19/05/21	MT
Altabancorp Announces Acquisition by Glacier Bancorp, Inc	19/05/21	CI
Sector Update: Financial Stocks Trade Lower Premarket Wednesday	19/05/21	MT
Glacier Bancorp, Inc. signed a definitive agreement to acquire Altabancorp from a group of shareholders for approximately $930 million.	17/05/21	CI
Tranche Update on Altabancorp's Equity Buyback Plan announced on November 20, 2020.	10/05/21	CI
ALTABANCORP : Raymond James Adjusts Price Target on Altabancorp to $46 From $35, Maintains Outperform Rating	30/04/21	MT
Transcript : Altabancorp, Q1 2021 Earnings Call, Apr 29, 2021	29/04/21
Altabancorp Declares Quarterly Dividend, Payable on May 17, 2021	28/04/21	CI

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Company Profile

Altabancorp is a bank holding company for Altabank. Altabank providing loans, deposit and cash management services to businesses and individuals through 25 branch locations from Preston, Idaho to St. George, Utah. The Company provides banking services primarily to small- to medium-sized businesses and to individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. It also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts, and online banking. The Company portfolio includes Lending, Real Estate, Commercial and Industrial (non-real estate), Consumer Loans and SBA Loans. The Company offers a variety of lending products including acquisition, development and construction, commercial and industrial (C&I), home builder financing, multifamily residential, single-family residential, home equity lines, equipment finance, and other consumer loans.

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