On April 22, 2020, the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a second quarter dividend payment of $0.1425 per share for shareholders of record on June 10, 2020 with a payment date of June 19, 2020.
On January 27, 2020, Evaluate Research released an Update on United Bancorp, Inc. (NASDAQ: UBCP) reporting solid results for Q4 and FY 2019, with a 59% increase in full-year net income and, adjusted for a higher share count resulting from the highly successful and accretive Powhatan acquisition, diluted EPS surged by 45%. Reported FY EPS of $1.19, and Q4 EPS of $0.31, were in-line with published forecasts of $1.20 and $0.32, respectively. These results were driven by strong 16% YoY growth in earning assets, which was roughly evenly split between healthy loan growth of 7.8%, and a surge in the investment portfolio by 50.4%. This sharp growth in higher yielding earning assets, driven in part by the Powhatan deal, resulted in a sharp 27% YoY growth interest income, and this was a key highlight of UBCP's record earnings in 2019. While loan growth was just slightly higher than Evaluate Research's model, interest income was nicely ahead of its 24% expectation.
On November 5, 2019, Evaluate Research released an Initiation Report on United Bancorp, Inc. (NASDAQ: UBCP). With Strong Growth & Fundamentals @ 4.8% Div Yield, 9x P/E, United Bancorp is in a "sweet spot" in its life cycle in terms of strong organic and acquisition-related growth, resulting in exceptionally strong EPS and dividend growth, and a benign supportive external environment which is providing some favorable tailwinds. UBCP is both undiscovered and undervalued, with Evaluate Research the only firm now covering the stock. UBCP is firing on all cylinders with surging EPS growth last year as well as the current year.
Regional banks are rallying as more parts of the U.S. economy charge back up and with today's mortgage purchase application data arriving stronger than anticipat
While United Bancorp, Inc. (NASDAQ:UBCP) shareholders are probably generally happy, the stock hasn't had particularly...
MARTINS FERRY, Ohio , Aug. 22, 2019 /PRNewswire/ -- On August 21, 2019 , the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a third quarter dividend payment of $0.1375 per share for ...
In 2014 Scott Everson was appointed CEO of United Bancorp, Inc. (NASDAQ:UBCP). First, this article will compare CEO...
MARTINS FERRY, Ohio , Oct. 10, 2019 /PRNewswire/ -- United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.88 and net income of $5,041,000 for the nine months ended September 30, ...
MARTINS FERRY, Ohio , Nov. 21, 2019 /PRNewswire/ -- On November 20, 2019 , the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared a fourth quarter dividend payment of $0.14 per share for ...
On February 19, 2020, the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) increased the first quarter cash dividend payment to $0.1425 per common share from the previous quarterly cash dividend level of $0.14 per common share. Scott A. Everson, President and Chief Executive Officer of UBCP indicated, "Paying a very solid cash dividend to our loyal shareholders is a primary focus of our Company. At our current regular cash dividend payout level relative to our market value at the most recently ended quarter, our Company's stock is generating a forward dividend yield of 3.99%, which is significantly higher than what is presently seen within our industry. This first quarter dividend payment will be for shareholders of record on March 10, 2020 and payable on March 20, 2020."
If you want to know who really controls United Bancorp, Inc. (NASDAQ:UBCP), then you'll have to look at the makeup of...
Is United Bancorp, Inc. (NASDAQ:UBCP) a good dividend stock? How can we tell? Dividend paying companies with growing...
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...
United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $1.19 and net income of $6,809,000 for the twelve months ended December 31, 2019, as compared to $0.82 and $4,282,000, respectively, for the corresponding twelve-month period in 2018. The Company's diluted earnings per share for the three months ended December 31, 2019 was $0.31 as compared to $0.10 for the same period in the previous year. Last year's fourth quarter performance was impacted by the Company's acquisition of Powhatan Point Community Bancshares. These year-over-year improvements in UBCP's earnings are directly related to the Company executing its strategic vision of achieving profitable growth by both growing organically and acquiring other like-minded community banking organizations.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see United...
United Bancorp, Inc. (NASDAQ:UBCP) stock is about to trade ex-dividend in 4 days time. You can purchase shares before...
MARTINS FERRY, Ohio , Aug. 2, 2019 /PRNewswire/ -- United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio , reported diluted earnings per share of $0.57 and net income of $3,260,000 ...
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...
MARTINS FERRY, Ohio, May 1, 2020 /PRNewswire/ -- United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.28 and net income of $1,579,000 for the three months ended March 31, 2020, as compared to $0.28 and $1,614,000, respectively, for th…
MARTINS FERRY, Ohio, May 1, 2020 /PRNewswire/ -- United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.28 and net income of $1,579,000 for the three months ended March 31, 2020, as compared to $0.28 and $1,614,000, respectively, for th…
United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.28 and net income of $1,579,000 for the three months ended March 31, 2020, as compared to $0.28 and $1,614,000, respectively, for the corresponding three-month period in 2019. Even …
To the annoyance of some shareholders, United Bancorp (NASDAQ:UBCP) shares are down a considerable 30% in the last...
United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.28 and net income of $1,579,000 for the three months ended March 31, 2020, as compared to $0.28 and $1,614,000, respectively, for the corresponding three-month period in 2019. Even though the Company achieved the same level of earnings on a year-over-year basis, first quarter earnings were negatively impacted by a higher provision for loan losses in recognition of the unprecedented economic environment in which it is presently operating due to the global COVID-19 pandemic.