United Bancorp (NASDAQ:UBCP) Releases Quarterly Earnings Results

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

United Bancorp Price Performance

United Bancorp stock traded up $0.18 during midday trading on Thursday, reaching $14.52. 4,719 shares of the stock traded hands, compared to its average volume of 8,549. The stock’s fifty day moving average is $14.77 and its 200-day moving average is $15.26. United Bancorp has a 12 month low of $12.65 and a 12 month high of $17.33. The stock has a market cap of $83.34 million, a P/E ratio of 10.52 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.

United Bancorp Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of United Bancorp from a “buy (b+)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Hold rating. According to MarketBeat, United Bancorp presently has a consensus rating of “Hold”.

About United Bancorp

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.