United Bancorp (NASDAQ:UBCP) Releases Earnings Results, Beats Estimates By $0.09 EPS

United Bancorp (NASDAQ:UBCP) announced its earnings results on Wednesday. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.09, Yahoo Finance reports. United Bancorp had a net margin of 20.44% and a return on equity of 11.08%.

Shares of UBCP stock traded up $0.09 during trading hours on Friday, reaching $14.07. 4,025 shares of the company were exchanged, compared to its average volume of 4,416. The stock’s fifty day moving average is $13.06 and its two-hundred day moving average is $12.15. United Bancorp has a fifty-two week low of $7.64 and a fifty-two week high of $14.89. The company has a market cap of $84.08 million, a price-to-earnings ratio of 11.35 and a beta of 0.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.85 and a quick ratio of 0.85.

In other United Bancorp news, Director Gary W. Glessner acquired 3,193 shares of the business’s stock in a transaction that occurred on Wednesday, November 25th. The shares were acquired at an average cost of $12.32 per share, for a total transaction of $39,337.76. Following the completion of the acquisition, the director now directly owns 58,777 shares of the company’s stock, valued at approximately $724,132.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.20% of the company’s stock.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. The company also offers brokerage services. As of April 23, 2020, it operated through a network of nineteen banking offices in the Ohio counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas; and a loan production office in Wheeling, West Virginia.

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Earnings History for United Bancorp (NASDAQ:UBCP)

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