Brisk commercial and home-mortgage lending propelled Glastonbury’s United Financial Bancorp Inc. to higher profits in the third quarter.
For three months ended Sept. 30, the parent of United Bank said Tuesday it netted $13.4 million, or 27 cents a diluted share, up from $10 million, or 19 cents a diluted share, netted the same quarter in 2014.
As it typically does when earnings are unveiled, United also announced a third-quarter cash dividend of 12 cents a share due Nov. 12 to shareholders of record at as of Oct. 30.
United Financial finished the third quarter with $5.8 billion in assets vs. $5.3 billion a year earlier.
