United Bancorp Inc Ohio Stock Price, News & Analysis

United Bancorp, Inc. (NASDAQ:UBCP) announced a third-quarter dividend of $0.1575 per share, payable on September 20, 2022, to shareholders of record as of September 9, 2022. This marks an increase from the dividends of $0.1525 and $0.1550 in the first two quarters. The year-to-date total cash dividends reached $0.6150, a 15% increase compared to the same period last year. The latest dividend offers a forward yield of 3.84% based on the market value of $16.39.

United Bancorp, Inc. (NASDAQ:UBCP) reported diluted earnings per share of $0.40 for Q2 2022, up 5.3% year-over-year, with net income of $2.30 million, a 5.2% increase. For H1 2022, earnings per share were $0.70, down $0.01 from the previous year. Gross loans rose 1.9% to $467.4 million, while securities jumped 30.7% to $193.9 million. Interest income increased 3.4%, and net interest income grew 7.4% despite a 29.3% decline in interest expense. Total assets decreased to $719.1 million, and book value fell 19.3% to $9.65.

United Bancorp reports a diluted EPS of $0.31 and net income of $1,751,000 for Q1 2022, compared to $0.33 and $1,908,000 a year earlier. Total assets remained stable at $733.4 million. Gross loans rose by 2.7% to $462.3 million while securities grew 8.5% to $163.2 million. Despite a decline in interest income, net interest income increased 3.7% due to reduced interest expenses. Noninterest income rose 6.5%, but noninterest expenses jumped 14.9%. The company maintains a strong loan portfolio with low delinquency rates.

United Bancorp, Inc. (NASDAQ:UBCP) announced a second quarter dividend payment of $0.1550 per share for shareholders of record as of June 10, 2022, to be paid on June 17, 2022. This represents an increase from the first quarter's dividend of $0.1525. Total cash dividends for the first half of 2022 have reached $0.4575, marking an 18.1% increase compared to the previous year. At this rate, the annual yield stands at 3.47% based on a market value of $17.89. The announcement was made during the annual meeting where Directors for the upcoming year were also elected.

United Bancorp, Inc. (NASDAQ: UBCP) announced a first quarter cash dividend of $0.1525, payable on March 18, 2022, to shareholders of record on March 10, 2022. This reflects a 7.0% increase from last year. The regular cash dividend yields 3.66%. Additionally, a one-time special dividend of $0.15 per share was declared, also payable on March 18. This is attributed to the company's solid earnings and strong capital position. Projected dividends for the year are $0.76, an 11.0% increase from $0.685 in 2021.

United Bancorp, Inc. (NASDAQ: UBCP) reported a record net income of $9,451,000 and diluted earnings per share of $1.62 for 2021, reflecting increases of 19% and 17%, respectively. Despite challenges from the pandemic, net income for Q4 2021 was $2,456,000 with EPS of $0.41. The company experienced marginal loan growth of 2.5% but a decline in interest income of 10.6%. Total deposits rose by 4.4%, while interest expense was reduced by 45.2%. UBCP maintained a strong equity position with 9.90% equity to assets and successful credit management throughout 2021.

United Bancorp, Inc. (NASDAQ: UBCP) announced a fourth quarter dividend of $0.15 per share, payable on December 20, 2021 to shareholders of record by December 10, 2021. This marks the third increase in dividends for 2021, totaling $0.6850 for the year, a 20.2% increase from 2020. The fourth quarter yield is 4.20% based on recent market values. As of September 30, 2021, United Bancorp has total assets of $730.4 million and total equity of $70.1 million.

United Bancorp (NASDAQ:UBCP) reported record earnings for Q3 2021, achieving diluted EPS of $0.50, up 39% YOY, and net income of $2.9 million, a 41% increase. For the first nine months, diluted EPS reached $1.21, a 30% rise, with net income totaling $6.995 million. Despite marginal loan growth of 4.3% to $462.1 million, interest income fell by 11.5% due to a decline in securities. Total deposits increased by 5.5%, though net interest income dropped by 2.5%. The company remains optimistic about future growth driven by economic recovery.

United Bancorp, Inc. (NASDAQ: UBCP) announced a third-quarter dividend of $0.1475 per share, payable on September 20, 2021, to shareholders recorded by September 10, 2021. This marks an increase from the previous two quarters ($0.1425 and $0.1450). Year-to-date, UBCP has distributed total cash dividends of $0.5350, reflecting a 25% increase compared to the same period last year. The current dividend yields 4.14% based on the latest market value. As of June 30, 2021, UBCP reported total assets of $730.3 million and total equity of $69.4 million.