United Bancorp Inc Ohio Stock Price, News & Analysis

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.

United Bancorp, Inc. (NASDAQ: UBCP) reported strong earnings for Q2 2021, with diluted EPS of $0.38 and net income of $2,185,000, marking a 31% increase year-over-year. For the first half of 2021, diluted EPS reached $0.71, up 25%, and net income rose by 26% to $4,093,000. Despite marginal growth in loans and a decline in securities, the company reported an increase in cash dividends of 36%. As of June 30, total assets stood at $730.3 million, and total equity increased to $69.4 million. The company aims for $1 billion in assets through organic growth and potential acquisitions.

United Bancorp reported record first-quarter earnings with diluted EPS of $0.33 and net income of $1,908,000 for the period ending March 31, 2021, a 21% increase year-over-year. The bank's gross loans reached $450.0 million, up just 0.38%, while securities dropped 25.5% to $150.4 million. Despite these challenges, total deposits rose 9.5% to $605.4 million, with a significant 54% reduction in interest expenses. The bank maintains solid credit quality metrics with nonaccrual loans at 0.71% of total loans. Management expresses optimism for economic recovery, anticipating improved loan production and interest income.

United Bancorp, Inc. (UBCP) has declared a second quarter dividend of $0.1450 per share for shareholders of record on June 10, 2021, with a payment date set for June 18, 2021. This payout represents an increase from the first quarter's regular dividend of $0.1425. With total cash dividends of $0.3875 for the first half of 2021, including a special dividend of $0.10, this marks a 36% increase compared to the same period last year. The current dividend yield stands at 4.05%.

United Bancorp, Inc. (UBCP) announced on February 17, 2021, a quarterly cash dividend of $0.1425, payable on March 19, 2021, to shareholders on record as of March 10, 2021. This dividend offers a forward yield of 4.32%. Additionally, a special one-time dividend of $0.10 per share was also declared, reflecting the company's strong earnings and capital position. Over the past twelve months, total cash dividends increased by 20.7% to $0.67 compared to the previous year. As of December 31, 2020, UBCP reported total assets of $693.4 million and total equity of $68.3 million.

United Bancorp, Inc. (NASDAQ: UBCP) reported strong financial results for 2020, achieving record net income of $7,953,000 and diluted earnings per share of $1.39, representing a 16.8% increase year-over-year. The fourth quarter saw a 48.4% rise in earnings per share, totaling $0.46. Despite challenges from the COVID-19 pandemic, the company increased its provision for loan losses to 1.15% of total loans and saw solid growth in earning assets, with average loans rising by 6.1%. However, overall expenses increased due to pandemic-related impacts, highlighting ongoing economic uncertainties.

United Bancorp (NASDAQ: UBCP) declared a fourth quarter dividend of $0.1425 per share, payable on December 18, 2020, to shareholders of record as of December 10, 2020. This dividend results in a 4.54% forward yield based on the latest market price. The company's total assets stand at $692.5 million with total shareholders' equity of $66.7 million as of September 30, 2020. United Bancorp operates twenty banking centers across Ohio and West Virginia.

United Bancorp, Inc. (NASDAQ: UBCP) reported a net income of $5.31 million and diluted earnings per share (EPS) of $0.93 for the nine months ending September 30, 2020, reflecting a 5.7% year-over-year increase. For Q3 2020, EPS rose 16.1% to $0.36. Despite higher earnings, the company increased its loan loss provision by $1.21 million in Q3 due to COVID-19 impacts. Total loans grew by $27.8 million, with total interest income increasing by 5.4%. Shareholders' equity grew by 11.1% year-over-year to $66.7 million, with total assets at $692.5 million.

On August 19, 2020, United Bancorp, Inc. (NASDAQ: UBCP) announced a third quarter dividend of $0.1425 per share, payable on September 18, 2020 to shareholders of record by September 10, 2020. The dividend reflects a forward yield of 4.95% based on the recent market price. As of June 30, 2020, United Bancorp reported total assets of $701.3 million and total shareholder's equity of $66.0 million.