UNITED BANCORP INC /OH/

United Bancorp, Inc. reported its third quarter and nine-month 2026 financial results. For the third quarter, the company announced diluted earnings per share of $0.25 and net income of $1.401 million, representing a decrease compared to the same period in the prior year. This decline was primarily attributed to a one-time charge-off of a commercial credit amounting to $2.953 million, which resulted in a significant increase in the provision for credit losses. Despite this, the company highlighted a substantial year-over-year increase in Pre-Provision Net Revenue (PPNR) and strong balance sheet growth, with total assets surpassing $900 million for the first time. For the first nine months of 2026, diluted EPS was $0.94 and net income was $5.407 million. The company also noted an increase in its regular cash dividend and continued investment in technology and infrastructure for future growth.

United Bancorp reported a net income of $2.10 million for the second quarter of 2026, an increase of 9.45% year-over-year, with basic earnings per share rising to $0.36. For the six months ended June 30, 2026, net income was $4.01 million and EPS was $0.69. The company also saw growth in total assets to $878.0 million and total deposits to $686.9 million compared to December 31, 2025.

United Bancorp, Inc. reported strong financial results for the second quarter and first half of 2026, with diluted earnings per share increasing to $0.36 for Q2 and $0.69 for H1. Net income also saw significant growth, rising 9.4% in Q2 and 5.8% in H1 compared to the previous year. The company experienced balance sheet expansion, with total assets reaching $878.0 million and total deposits growing to $686.9 million. Management highlighted ongoing strategic investments in infrastructure, technology, and new banking centers, which are expected to drive future growth and profitability, despite some short-term dilutive effects on earnings.

United Bancorp reported a positive first quarter for 2026, with net income rising to $1.91 million from $1.87 million year-over-year. Basic and diluted earnings per share also saw an increase to $0.33. The company experienced growth in net interest income and noninterest income, alongside a decrease in interest expense and a lower provision for credit losses. Total assets, deposits, and loans all showed an increase compared to the end of the previous fiscal year.

United Bancorp, Inc. reported diluted earnings per share of $0.33 and net income of $1,911,000 for the first quarter ended March 31, 2026, representing increases of 3.1% and 2.1% year-over-year, respectively. The company achieved balance sheet growth with total assets up 3.6% to $858.5 million and total deposits increasing 6.8% to $666.7 million. Management expressed satisfaction with these results, noting positive trends in net interest income and margin, and highlighted significant investments in infrastructure, including a new banking center and advanced technology solutions, expected to drive future growth and profitability.

United Bancorp, Inc. announced that its Board of Directors declared a second-quarter 2026 cash dividend of $0.1950 per share. This represents an increase of $0.01, or 5.4%, compared to the regular cash dividend paid in the second quarter of the previous year. The dividend will be payable on June 19, 2026, to shareholders of record as of June 10, 2026, and results in a forward yield of 5.13%.