Home Savings announces income of $8.7M in first quarter

YOUNGSTOWN — United Community Financial Corp., the parent company of Home Savings Bank, announced net income of $8.7 million, or 17 cents per diluted share, for the first quarter of 2019 compared to 17 cents, or $8.6 million, for the same period in 2018.

The company reported a return on average assets of 1.2 percent and return on average equity of 10.9 percent. In addition, the company reported a cash dividend of 7 cents payable May 10 to shareholders at the close of business Monday.