UNITED BANCSHARES, INC. ANNOUNCES SECOND QUARTER 2026 RESULTS AND $0.26 DIVIDEND
United Bancshares declared a quarterly dividend of $0.26 per share, a 13% increase from the prior year, alongside reported Q2 net income of $1.7 million ($0.61 per share). The earnings were negatively impacted by a strategic one-time pre-tax loss of $3.8 million from the sale of $40 million in investment securities, which were redeployed into higher-yielding assets. Excluding the loss, adjusted earnings were approximately $4.5 million ($1.64 per share), supported by a 29 basis point expansion in net interest margin to 4.00% and solid loan growth of 9.30% annualized.
Key figures
- Eps
- 0.61
- Adj eps
- 1.64
- Rotc ytd
- 13.1%
- Dividend per share
- 0.26
- Net interest income
- 11992000
- Net interest margin
- 4.00%
- Loan growth annualized
- 9.30%
- Securities loss pretax
- 3800000
- Subordinated debt offering
- 30000000
- Core deposit growth annualized
- 5.85%
AI analysis
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