Welcome to our dedicated page for United Bancshares news (Ticker: UBOH), a resource for investors and traders seeking the latest updates and insights on United Bancshares stock.
United Bancshares, Inc. (UBOH) delivers comprehensive banking services through The Union Bank Company, serving Northwest and Central Ohio with commercial lending, digital solutions, and personalized financial services since 1904. This dedicated news hub provides stakeholders with centralized access to official company developments and market-relevant updates.
Investors and analysts will find timely disclosures including quarterly earnings reports, regulatory filings, and strategic initiatives. Our curated collection ensures efficient tracking of UBOH's financial performance, leadership announcements, and technology adoption in the competitive regional banking sector.
The repository features essential updates across key operational areas: loan portfolio expansions, digital banking enhancements, community reinvestment programs, and regulatory compliance milestones. All content is sourced directly from company releases to maintain accuracy and compliance with financial disclosure standards.
For consistent monitoring of UBOH's market position and community impact, bookmark this page or check regularly for new filings. Our structured presentation enables quick scanning of material developments while maintaining depth for detailed analysis.
United Bancshares (OTCQX: UBOH) has reported strong first quarter 2025 results, with net income of $2.8 million ($0.94 per share), marking a significant increase from $1.8 million ($0.61 per share) in Q1 2024. The company announced a quarterly cash dividend of $0.23 per share, representing a 4.5% increase and yielding 3.23% based on Q1 average closing price.
Key performance metrics showed notable improvements, with return on average assets rising to 0.94% from 0.69%, and return on average tangible equity increasing to 15.78% from 11.33% year-over-year. The net interest margin expanded to 3.59% from 3.03%. The bank achieved loan growth of $17.9 million (9.4% annualized) and deposit growth of $3.9 million (1.5% annualized) since December 2024, while maintaining strong asset quality with stable non-performing loans and historically low charge-offs.
United Bancshares (OTCQX: UBOH) has announced its Q4 and full-year 2024 results, declaring a quarterly cash dividend of $0.22 per share, yielding 3.93%. The company reported Q4 2024 net income of $3.0 million ($1.02 per share), up from $2.3 million ($0.77 per share) in Q4 2023. Full-year 2024 net income reached $9.2 million ($3.06 per share), increasing from $8.6 million ($2.80 per share) in 2023.
Key performance metrics include Q4 2024 return on average assets of 0.98% and net interest margin of 3.39%. The bank demonstrated strong growth with loans increasing by $58.2 million (8.2%) and deposits growing by $118.3 million (12.4%) year-over-year. Asset quality remained robust with stable non-performing loans and historically low charge-offs.
United Bancshares, Inc. (OTCQX: UBOH) has announced its third quarter 2024 results and a $0.22 dividend. The company reported a net income of $2.5 million or $0.83 per share for Q3 2024, marking a $494,000 increase from the same period in 2023. Year-to-date net income for 2024 stands at $6.1 million or $2.05 per share.
Key financial metrics include a return on average assets of 0.83% for Q3 2024 and a return on average tangible equity of 14.96%. The company experienced loan growth of $13.4 million (2.53% annualized) and significant deposit growth of $154.4 million (21.60% annualized) since December 31, 2023. However, the net interest margin decreased to 3.12% in Q3 2024 compared to 3.42% in Q3 2023.
United Bancshares (OTCQX: UBOH) has announced its second quarter 2024 results and a $0.22 dividend. The company reported net income of $1.8 million or $0.61 per share, down from $2.4 million or $0.78 per share in Q2 2023. Year-to-date net income for 2024 is $3.7 million or $1.22 per share, compared to $4.3 million or $1.38 in 2023. The company's performance shows declines in key metrics:
- Return on average assets: 0.68% (Q2 2024) vs 0.88% (Q2 2023)
- Return on average tangible equity: 12.27% (Q2 2024) vs 16.70% (Q2 2023)
- Net interest margin: 3.12% (Q2 2024) vs 3.47% (Q2 2023)
However, United Bancshares reported loan growth of $12.1 million (3.42% annualized) and deposit growth of $77.4 million (16.25% annualized) since December 31, 2023. Asset quality metrics remain strong with stable non-performing loans and historically low charge-offs.
United Bancshares, Inc. (OTC-PINK: UBOH) declared a quarterly cash dividend of $0.22 per share, a 4.8% increase from the prior year, payable on June 15, 2023, to shareholders of record on May 31, 2023. The first-quarter net income decreased to $1.9 million from $2.5 million year-over-year, reflecting basic earnings per share of $0.60, down from $0.77. Key performance metrics include a return on average assets of 0.69%, down from 0.94%, while return on average tangible equity rose to 13.44%. The bank experienced significant deposit growth of $22.3 million, and improved asset quality with a reduction in non-performing loans by 6.5%.
United Bancshares, Inc. (OTCQX: UBOH) reported its financial results for Q4 and full year 2022. For Q4, net income rose to $3,534,000, or $1.10 per share, a 30.1% increase from the prior year, mainly due to an $730,000 rise in net interest income and $1,000,000 decrease in provision for loan losses. However, non-interest income saw a sharp decline of 41.5% to $1,825,000. Yearly net income fell 16.7% to $11,310,000 with earnings per share at $3.47. Key metrics included a 12.1% rise in loans and a 30.6% drop in shareholders' equity due to unrealized losses attributed to rising interest rates.
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