United Bancorp (NASDAQ:UBCP) Releases Earnings Results

United Bancorp (NASDAQ:UBCP) released its quarterly earnings data on Friday. The financial services provider reported $0.25 earnings per share for the quarter, Zacks reports. United Bancorp had a net margin of 16.55% and a return on equity of 11.53%. The firm had revenue of $7.56 million for the quarter.

United Bancorp Stock Performance

UBCP stock traded down $0.32 during mid-day trading on Friday, reaching $14.20. The company had a trading volume of 7,708 shares, compared to its average volume of 8,088. United Bancorp has a one year low of $12.65 and a one year high of $17.33. The stock has a market capitalization of $81.51 million, a P/E ratio of 11.01 and a beta of 0.30. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.10. The stock’s 50-day simple moving average is $14.74 and its two-hundred day simple moving average is $15.27.

United Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Thursday, September 10th were paid a $0.1975 dividend. The ex-dividend date was Thursday, September 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.1950. This represents a $0.79 dividend on an annualized basis and a yield of 5.6%. United Bancorp’s dividend payout ratio (DPR) is 61.24%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered United Bancorp from a “buy (b+)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

United Bancorp Company Profile

United Bancorp, Inc is a bank holding company headquartered in Martins Ferry, Ohio. Through its subsidiary, The Citizens Bank, National Association, the company provides community banking services to individuals, families, farmers, and businesses.

The Citizens Bank offers a range of deposit products, including checking, savings, money market, and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, consumer loans, agricultural financing, and loans to small and middle-market businesses.