UNIVERSITY BANCORP INC (MICH)

UNIB

ANN ARBOR, MI / ACCESS Newswire / October 31, 2025 / University Bancorp, Inc. (OTCQB:UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. ("UNIB") common stock shareholders in 3Q2024 of $4,371,716 $0.85 per share on average shares outstanding of 5,169,518 for the third quarter, versus an unaudited net income of $2,744,480.07, $0.53 per share on average shares outstanding of 5,169,518 for 3Q2024. For the 9 months ended September 30, 2025, net income was $5,535,896 $1.19 per share on average shares outstanding of 5,169,518 for the period, versus $7,913,973.04, $1.53 per share on average shares outstanding of 5,169,518 for the 9 months ended September 30, 2024.

TORONTO, ON / ACCESS Newswire / June 20, 2025 / University Bancorp, Inc. (OTCQB:UNIB), or ("UNIB") announced that it has acquired today 6,438 common shares ("Common Shares") of Currency Exchange International, Corp. ("CXI") through the facilities of the Toronto Stock Exchange at an average price of C$19.55 per Common Share, for a total purchase price of C$125,863, and also acquired today 23,300 Common Shares through the facilities of the OTC Markets Stock Exchange (OTCQX:CURN) at an average price of $14.25 per Common Share, for a total purchase price of US$332,996, including commissions. This acquisition represents an increase in UNIB's holdings of approximately 0.48% and, as a result, UNIB, together with persons who may be considered to be joint actors, has ownership of, or exercises control or direction over, a total of 751,448 Common Shares, representing approximately 12.02% of the issued and outstanding Common Shares.

ANN ARBOR, MI / ACCESS Newswire / April 23, 2025 / University Bancorp, Inc. (OTCQB:UNIB) (or "UNIB") is very pleased to announce that the University Bank Team has won four major international, national and Michigan awards as follows: University Bank has won both the USA Today national award as a top national employer (https://topworkplaces.com/company/university-bancorp/), and the Detroit Free Press Top Workplace award as a top Michigan employer. The best part about these awards is that they were the result of metrics received from third-party polling of the employees of all the firms nominated.

ANN ARBOR, MI / ACCESS Newswire / April 17, 2025 / University Bancorp, Inc. (OTCQB:UNIB), or ("UNIB") announced that it had audited net income of $11,818,099 in 2024, of which $10,467,383 was attributable to UNIB common stockholders, $2.02 per share on average shares outstanding of 5,169,518 for the year, versus audited net income of $6,799,619 in 2023, of which $5,426,558 was attributable to UNIB common stockholders, $1.07 per share on average shares outstanding of 4,936,751 for 2023. For 2024, UNIB had a return on equity attributable to common stock shareholders of 12.5% on initial equity attributable to common stock shareholders of $83,970,376.

TORONTO, ON / ACCESS Newswire / April 9, 2025 / University Bancorp, Inc. ("UNIB") announced today that it has acquired 6,200 common shares ("Common Shares") of Currency Exchange International, Corp. ("CXI") through the facilities of the Toronto Stock Exchange at an average price of C$20.05 per Common Share, for a total purchase price of C$124,310. This acquisition represents an increase in UNIB's holdings of approximately 0.10% and, as a result, UNIB, together with persons who may be considered to be joint actors, has ownership of, or exercises control or direction over, a total of 633,510 Common Shares, representing approximately 10.00% of the issued and outstanding Common Shares.

ANN ARBOR, MI / ACCESSWIRE / October 17, 2024 / University Bancorp, Inc. (OTCQB:UNIB) announced that it has issued to institutional investors $15 million in Senior Unsecured Notes (the "Notes"). The Notes mature January 31, 2030.

ANN ARBOR, MI / ACCESSWIRE / August 19, 2024 / University Bancorp, Inc. (OTCQB:UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2024 of $3,039,641 $0.59 per share on average shares outstanding of 5,169,518 for the second quarter, versus an unaudited net income of $1,557,298, $0.32 per share on average shares outstanding of 4,929,518 for 2Q2023. For the 6 months ended June 30, 2024, net income was $5,169,493 $1.00 per share on average shares outstanding of 5,169,518 for the period, versus $2,413,116, $0.49 per share on average shares outstanding of 4,929,518 for the 6 months ended June 30, 2022.

ANN ARBOR, MI / ACCESSWIRE / August 1, 2024 / University Bancorp, Inc. (OTCQB:UNIB)(or "UNIB") announced that it has completed an internal corporate restructuring by acquiring Hyrex Servicing, LLC ("Hyrex Servicing") from University Bank, through its wholly owned subsidiary, Hyrex Servicing Holding Company, LLC. Hyrex Servicing Holding Company, LLC paid $5.5 million for Hyrex Servicing.

ANN ARBOR, MI / ACCESSWIRE / May 14, 2024 / University Bancorp, Inc. (OTCQB:UNIB)("UNIB") announced that it had audited net income of $6,799,619 in 2023, of which $5,426,558 was attributable to UNIB common stockholders, $1.07 per share on average shares outstanding of 4,936,751 for the year, versus audited net income of $4,212,873 in 2022, of which $3,789,400 was attributable to UNIB common stockholders, $0.74 per share on average shares outstanding of 4,919,463 for 2022. For 2023, UNIB had a return on equity attributable to common stock shareholders of 6.9% on initial equity attributable to common stock shareholders of $78,683,525.