United Bancorp, Inc.

United Bancorp, Inc. Increases its Third Quarter Cash Dividend Payment to $0.1975 per Share, Which Produces a Forward Yield of 5.0%

United Bancorp declared a third quarter cash dividend of $0.1975 per share, representing a 5.3% increase over the dividend paid in the prior year period. The new payment equates to a forward yield of 5.0% based on a recent market price of $15.88, bringing total year-to-date dividends to $0.76 per share. As of June 30, 2026, the company reported total assets of $878.0 million and shareholder equity of $72.1 million through its subsidiary Unified Bank.

•2mo ago

UBCP: 10-Q · periodic report

United Bancorp (NASDAQ: UBCP) reported Q2 2026 net income of $2,095,000 and diluted EPS of $0.36, up 9.4% and 9.1% respectively over the prior-year quarter's $0.33. First-half 2026 net income rose 5.8% to $4,006,000 (diluted EPS $0.69, +6.2%), as net interest income grew 5.2% to $13.5 million and the net interest margin expanded 17 basis points to 3.82% on higher loan repricing and lower deposit costs. The balance sheet grew to $878.0 million in total assets with deposits up 6.8% to $686.9 million, while noninterest expense climbed 10.1% as the bank invests in technology, its new Wheeling, WV banking center, and a soon-to-open Unified Care Center it expects to drive returns within 12-24 months. Credit quality remains sound — the $6.9 million (1.4% of loans) in nonaccrual and 30-plus-day-past-due loans stems mostly from a single $4.2 million commercial relationship — and the company is well capitalized at a 12.53% CET1 ratio, paying a $0.195 regular quarterly dividend after a $0.175 special dividend in Q1 for a 6.0% combined forward yield at the June 30 price of $15.88.

SEC 10-Q•2mo ago

United Bancorp, Inc. Reports Increases For 2026 Second Quarter and Six-Month Earnings Performance

United Bancorp reported Q2 net income of $2.1 million, or $0.36 per diluted share, representing year-over-year increases of 9.4% and 9.1% respectively. Net interest margin expanded by 17 basis points to 3.82% for the six-month period, supported by deposit growth of $44.0 million and a shift toward lower-cost funding. The company increased its regular quarterly dividend by 5.4% to $0.195 per share and paid a special dividend of $0.175 in the first quarter.

•3mo ago

UBCP: 10-Q · periodic report

United Bancorp (UBCP) reported first-quarter 2026 net income of $1.91 million, or $0.33 per share, representing a 2.1% increase in earnings and a 3.1% increase in EPS compared to the same period in 2025. The bank achieved these results despite increased expenses related to transformative infrastructure projects and geopolitical uncertainty, demonstrating resilience in its core banking operations. Net interest income rose 4.2% year-over-year to $6.51 million, driven by a 12-basis-point expansion in the net interest margin to 3.72%. This improvement was supported by growth in lower-cost core deposits, which increased by $27.4 million, and a decrease in total interest expense due to the maturity of a $20 million Federal Home Loan Bank advance and continued repricing of deposits. The bank continues to invest in future growth, having opened a new regional hub in Wheeling, West Virginia, in late 2025, which is already exceeding loan growth forecasts. Management highlighted ongoing investments in technology, including an AI solution and a new Unified Customer Care Center, aimed at enhancing customer service and driving long-term profitability. The bank remains well-capitalized with a Tier 1 capital ratio of 12.40% and paid a combined dividend of $0.3675 per share.

SEC 10-Q•5mo ago

United Bancorp, Inc. Increases its Second Quarter Cash Dividend Payment to $0.1950 per Share, which produces a Forward Yield of 5.13%, and Reports on Annual Shareholder Meeting

United Bancorp increased its Q2 dividend by 5.4% to $0.1950 per share, resulting in a forward yield of 5.13%. The company reported total assets of $857.4 million and equity of $70.5 million as of year-end 2025. Shareholders re-elected the board of directors, including CEO Scott A. Everson, at the annual meeting.

•6mo ago