United Bancorp (NASDAQ:UBCP) Announces Earnings Results

United Bancorp (NASDAQ:UBCP) issued its quarterly earnings data on Friday. The financial services provider reported $0.34 earnings per share for the quarter, FiscalAI reports. The business had revenue of $6.73 million for the quarter. United Bancorp had a return on equity of 11.96% and a net margin of 16.44%.

United Bancorp Trading Down 1.3%

Shares of UBCP stock opened at $12.74 on Friday. The company has a market capitalization of $73.54 million, a P/E ratio of 10.03 and a beta of 0.43. United Bancorp has a 12-month low of $12.03 and a 12-month high of $15.64. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.66. The firm has a 50-day moving average price of $13.60 and a 200 day moving average price of $13.72.

United Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Wednesday, September 10th were given a dividend of $0.1875 per share. This is an increase from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date was Wednesday, September 10th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.9%. United Bancorp’s dividend payout ratio is 59.06%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Bancorp in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Financial Services LLC raised its position in United Bancorp by 1.2% in the 1st quarter. Commonwealth Financial Services LLC now owns 82,462 shares of the financial services provider’s stock valued at $1,107,000 after purchasing an additional 1,005 shares during the last quarter. Founders Financial Alliance LLC increased its stake in shares of United Bancorp by 11.3% in the third quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock valued at $521,000 after buying an additional 3,784 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of United Bancorp by 8.7% in the third quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock valued at $1,332,000 after buying an additional 7,605 shares during the last quarter. Osaic Holdings Inc. lifted its position in United Bancorp by 82.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after buying an additional 1,371 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in United Bancorp during the 2nd quarter worth about $64,000. 15.42% of the stock is owned by institutional investors and hedge funds.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.