1st United Bancorp, Inc. Buyback
OLI recorded this information on 12/13/2012
1st United Bancorp, Inc.
Shares Announced Repurchased:
1st United Bancorp, Inc., announced that its Board of Directors has adopted a stock repurchase program. Under the repurchase program, 1st United may repurchase up to 1,703,000 shares of its common stock, or approximately 5% of the current outstanding shares.
1st United Bancorp is a financial holding company. Through its subsidiary, 1st United Bank, Co. is engaged in providing financial services. Co.'s primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are commercial and residential mortgages, commercial, and installment loans. Co. also provides automated teller machine access, telephone banking services and courier service to certain customers, as well as banking access via the Internet, among others. Co.'s business is concentrated in the South and Central Florida market areas. As of Dec 31 2013, Co. had total assets of $1.85 billion and total deposits of $1.55 billion.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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