United Bancorp Inc Ohio Stock Price, News & Analysis

United Bancorp (UBCP) has announced an increased second quarter dividend of $0.1850 per share, representing a 5.7% increase from the previous year. The dividend will be paid on June 20, 2025, to shareholders of record on June 10, 2025.

The company's total cash dividends for the first two quarters of 2025 amount to $0.5425, including a special cash dividend of $0.1750 in Q1, marking a 9.0% increase year-over-year. Based on UBCP's market value of $13.42 at the recent quarter-end, the regular dividend yields 5.51%.

The company reported total assets of $816.7 million and total shareholder's equity of $65.5 million as of December 31, 2024. UBCP operates through Unified Bank with eighteen banking offices across Ohio and West Virginia.

United Bancorp (UBCP) has announced two dividend payments for Q1 2025. The regular quarterly dividend of $0.1825 per share represents a 5.8% increase from last year's Q1 dividend and will be paid on March 20, 2025, to shareholders of record on March 10, 2025. This regular dividend amounts to $0.73 annually, yielding 5.6% based on recent market value.

Additionally, UBCP declared a special dividend of $0.1750 per share, up 16.7% from the previous year, payable on the same dates. The company's total projected cash dividends for 2025, including the special dividend, amount to $0.9050 per share. The decision reflects UBCP's solid earnings, strong capital position, and ample liquidity.

As of December 31, 2024, UBCP reported total assets of $820.8 million and shareholder's equity of $67.6 million. The company operates through Unified Bank with eighteen banking centers across Ohio and West Virginia.

United Bancorp (NASDAQ:UBCP) reported its Q4 and full-year 2024 financial results. For Q4 2024, the company achieved net income of $1.85 million and diluted EPS of $0.31, showing decreases from Q4 2023 but a slight increase of 1.7% from Q3 2024. Full-year 2024 results included net income of $7.4 million and diluted EPS of $1.27.

The company faced challenges including net interest margin compression and balance sheet growth due to elevated interest rates throughout 2024. Total average assets reached $828.1 million, up 3.2% year-over-year, while gross loans increased by 1.6% to $491 million. The company maintained strong credit quality with nonaccrual loans at 0.21% of gross loans.

UBCP's tangible shareholders' equity increased by $4.2 million (6.7%) to $66.8 million, and tangible book value per share rose to $11.21. The company paid total dividends of $0.8550 per share in 2024, yielding 6.6% based on the year-end stock price of $13.00.

United Bancorp (NASDAQ:UBCP) has announced a fourth quarter dividend payment of $0.18 per share, payable on December 20, 2024, to shareholders of record on December 10, 2024. This represents an increase from previous quarterly payments of $0.1725, $0.1750, and $0.1775. Year-to-date, UBCP has paid total cash dividends of $0.8550, including a special dividend of $0.15, marking a 4.9% increase from the previous year. The regular dividend yields 5.4% based on UBCP's market value of $13.13. The company reports total assets of $825.5 million and shareholder's equity of $65.5 million as of September 30, 2024.

United Bancorp (NASDAQ:UBCP) reported Q3 2024 financial results with diluted earnings per share of $0.31 and net income of $1.82 million. For the first nine months of 2024, the company achieved diluted EPS of $0.95 and net income of $5.55 million. Total assets reached $825.5 million with average loans increasing by 4.4% to $480.8 million. The company maintained strong credit quality with nonperforming assets at 0.46% of total assets. Despite industry challenges including margin compression and growth, UBCP increased its tangible shareholders' equity by 25.2% year-over-year to $64.6 million.

United Bancorp, Inc. (NASDAQ:UBCP) has declared a third quarter dividend of $0.1775 per share, payable on September 20, 2024, to shareholders of record on September 10, 2024. This represents a 6.0% increase from the previous year's third quarter dividend. Year-to-date, UBCP has paid total cash dividends of $0.6750, including a special cash dividend of $0.15 in the first quarter, marking a 4.7% increase from the same period last year. The current dividend yield stands at 5.7% based on UBCP's market value of $12.55 at the most recent quarter-end. As of June 30, 2024, United Bancorp has total assets of $821.8 million and total shareholder's equity of $60.6 million.

United Bancorp, Inc. (NASDAQ:UBCP) reported Q2 2024 earnings with diluted EPS of $0.30 and net income of $1,739,000. For the first six months, UBCP reported diluted EPS of $0.64 and net income of $3,732,000. The company faced challenges due to net interest margin compression and growth in a high interest rate environment. Despite these challenges, UBCP maintained solid credit quality with nonperforming assets to total assets at 0.46%. The company's total assets stood at $821.8 million with shareholders' equity of $60.6 million. UBCP continues to focus on growth initiatives, including the development of Unified Mortgage and a new banking center in Wheeling, West Virginia.

United Bancorp, Inc. reported diluted earnings per share of $0.35 and net income of $1,993,000 for the first quarter of 2024. The company experienced challenges due to higher interest rates, leading to a decline in net interest income. Despite this, they achieved growth in total interest income through strategies such as Unified Mortgage and securities portfolio rebalancing. United Bancorp also focused on revenue enhancement initiatives, reducing noninterest expense and improving shareholder equity. The company remains well-capitalized and focused on credit quality within its loan portfolio.