BNET Industries

Market Cap:$4.2M
Last Fiscal Year Sales:$11.3M
  • Public
  • US
Dow Jones Description

Bank Holding Company

President & CEOStephen Lange Ranzini
Number of Employees 81
Contact Information

2015 Washtenaw Ave

Ann Arbor, Michigan 48104-3656

www.university-...

(734) 741-5858

NAICS Code Commercial Banking: 522110

News & Analysis

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university bancorp inc. - All News and Analysis

Additional Resources

  • University Bancorp Gives Notice of Voluntary Delisting

    - 2008-12-31

    University Bancorp, Inc. (NASDAQ: UNIB)(the"Company") announced today that it has given notice to The Nasdaq StockMarket of its determination to voluntarily withdraw the Company's commonstock, $0.01 par value per share, from listing on the Nasdaq Capital Marketand to withdraw the registration of the common stock under Section 12b ofthe Securities...

  • University Bancorp Wins FastTrack Award

    - 2008-11-18

    University Bancorp, Inc. (NASDAQ: UNIB) hasreceived a FastTrack Award from Ann Arbor SPARK. Founded in 1997,FastTrack is an annual program sponsored by Ann Arbor SPARK recognizingcompanies in Washtenaw County for outstanding business success. Thecompany is one of just 12 firms in Washtenaw County who met the criteria.Awards are...

  • University Bancorp Reports $469,500 9MO 2008 Unaudited Net Income

    - 2008-11-14

    University Bancorp, Inc. (NASDAQ: UNIB)reported unaudited net income for the Company for the nine-month periodended September 30, 2008 was $469,500 as compared to $1,015,294 for thesame period last year. Net income for the Company for the three-monthperiod ended September 30, 2008 was $121,238 as compared to a net loss...

  • University Bancorp Reports 2Q2008 Results

    - 2008-08-15

    University Bancorp, Inc. (NASDAQ: UNIB)reported unaudited net income available for common stockholders of $79,631and $324,921 for the three and six months ended June 30, 2008 versus netincome of $894,511 and $1,046,632 in the same periods of 2007. Basic anddiluted earnings per share for the three and six months periods...

  • University Bancorp Reports 1Q2008 Results

    - 2008-05-16

    University Bancorp, Inc. (NASDAQ: UNIB)reported unaudited net income available for common stockholders of $245,290for the three months ended March 31, 2008 versus net income of $152,121 inthe first quarter of 2007. Basic and diluted earnings per share for 2008and 2007 were $0.06 and $0.04, respectively. Common stockholders' annualized return...

  • Investment Tutorial for Shareholders of University Bancorp Inc.

    - 2008-04-01

    M2 PRESSWIRE-1 April 2008-Stock Target Upgrade: Investment Tutorial for Shareholders of University Bancorp Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:01042008 InternationalStockTargets.com is focused on helping investors make money in any market conditions. Our goal is simple, to help walk investors...

  • University Bancorp Reports 2007 Results

    - 2008-04-01

    University Bancorp, Inc. (NASDAQ: UNIB)reported audited net income of $645,000 versus a net loss of $402,000 in2006. Basic and diluted earnings loss per share for 2007 and 2006 were$0.14 and $(0.10), respectively. For the fourth quarter the unaudited netloss in 2007 was $372,000 or ($0.09) per share versus...

  • New York Times Article Regarding University Bank's Islamic Banking Subsidiary, University Islamic Financial

    - 2008-03-13

    Stephen Lange Ranzini, President and Chairmanof Ann Arbor's University Bank®, a wholly owned subsidiary of UniversityBancorp (NASDAQ: UNIB), announced that The New York Times has published anarticle entitled, "Banks Springing Up to Serve the Underserved," thatdiscusses Islamic Banking in the United States and features information onUniversity Bank's Islamic Banking Subsidiary,...

  • University Bancorp Reports Resignation of Nicholas K. Fortson as CFO

    - 2008-02-29

    University Bancorp, Inc. (NASDAQ: UNIB)reported that its CFO Nicholas K. Fortson has resigned effective March 7,2008. Mr. Fortson also resigned as CEO of the Company's subsidiary,University Bank, however he has agreed to stay on the board of UniversityBank as a director, as well as remain as a director of...

Decision Makers

Name (plus bio) Position
Stephen Lange Ranzini President & CEO
Julie Price COO, University Islamic Finance & Executive Vice President
Nicholas K. Fortson CFO
Janet Anderson Executive Vice President, HR & Internal Auditor
John Sickler Executive Vice President, Business & Family Finance Solutions
Stacy Shepanski Executive Vice President, Deposit & Consumer Lending
Stewart Brannen Secretary & Executive Vice President, Asset Mgmt

Board of Directors

Name (plus bio) Position
Charles McDowell Chairman
Joseph L. Ranzini Board of Directors
Michael Concannon Board of Directors
Paul Lange Ranzini Board of Directors
Organization Position Status
University Bancorp, Inc. President & CEO Current
University Bancorp, Inc. Board of Directors Current
Organization Position Status
University Bancorp, Inc. COO, University Islamic Finance & Executive Vice President Current
University Bancorp, Inc. Assistant Vice President Former
Organization Position Status
University Bancorp, Inc. CFO Current
University Bancorp, Inc. CFO Current
Organization Position Status
University Bancorp, Inc. Executive Vice President, HR & Internal Auditor Current
University Bancorp, Inc. Vice President, HR Former
Organization Position Status
University Bancorp, Inc. Executive Vice President, Business & Family Finance Solutions Current
University Bancorp, Inc. Vice President, Residential Lending Former
Organization Position Status
University Bancorp, Inc. Executive Vice President, Deposit & Consumer Lending Current
University Bancorp, Inc. Vice President, Deposits & Consumer Lending Former
Organization Position Status
University Bancorp, Inc. Secretary & Executive Vice President, Asset Mgmt Current
Organization Position Status
University Bancorp, Inc. Chairman Current
Organization Position Status
University Bancorp, Inc. Board of Directors Current
Organization Position Status
University Bancorp, Inc. Board of Directors Current
Organization Position Status
University Bancorp, Inc. Board of Directors Current
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     UNIB $0.98 0.00 (0.00% )
Average Volume 1,595
Shares Outstanding 4.28M
Market Cap 4.2M
Year High 2
Year Low 0.52
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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Company Employer Rating
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