University Bancorp, Inc. Overview
Pro stress-test →University Bancorp is a Federal Reserve regulated financial holding company that owns 100% of University Bank, an FDIC-insured bank based in Ann Arbor, Michigan. The Bank provides general community banking services, wholesale mortgage banking, and mortgage subservicing. The company operates as a specialized regional financial services platform with particular strength in faith-based lending and mortgage servicing.
Strategic Profile
Pro stress-test →From 2004 to 2020, University Bank's annual revenue grew an average of 20.9%, and its return on equity averaged 20.0%, placing it in an elite group of public companies with long-term growth rates averaging over 20%. The bank has won numerous industry awards including American Banker's "Community Bankers of the Year" award and recognition as the #1 best performing bank in the U.S. based on three-year return on average shareholders' equity in multiple years including 2023. The company differentiates itself through niche mortgage servicing (subservicing over $36 billion in loans), faith-based lending, and FHA/VA loan specialization.
Competitive Landscape
Pro stress-test →The credit union industry is gaining market share from all other financial institutions, and University Bancorp offers investors one of the few ways to invest in the ongoing growth of the credit union sector through its mortgage subservicing division. The company competes with regional community banks and national mortgage servicers, but differentiates through specialized niche offerings and exceptional profitability metrics.
Industry Context
University Bancorp, Inc. operates in Commercial Banking.
Key facts
Founded: 1890 · Headquarters: Ann Arbor, Michigan · Employees: 533 · Revenue: $125.66 million