United Bancorp (NASDAQ:UBCP) Posts Quarterly Earnings Results

United Bancorp (NASDAQ:UBCP) issued its earnings results on Thursday. The financial services provider reported $0.25 EPS for the quarter, Zacks reports. United Bancorp had a return on equity of 11.53% and a net margin of 16.55%.

United Bancorp Stock Up 1.3%

United Bancorp stock traded up $0.18 during mid-day trading on Thursday, reaching $14.52. The company’s stock had a trading volume of 4,719 shares, compared to its average volume of 8,549. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.76 and a current ratio of 0.76. The business’s 50 day simple moving average is $14.77 and its 200 day simple moving average is $15.26. The company has a market capitalization of $83.34 million, a price-to-earnings ratio of 10.52 and a beta of 0.30. United Bancorp has a 12 month low of $12.65 and a 12 month high of $17.33.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Thursday, September 10th were given a dividend of $0.1975 per share. This is an increase from United Bancorp’s previous quarterly dividend of $0.1950. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.79 dividend on an annualized basis and a yield of 5.4%. United Bancorp’s payout ratio is currently 57.25%.

Analyst Upgrades and Downgrades

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.