United Bancshares Reports Strong Earnings and Dividend for Q3
United Bancshares, Inc. Announces Third Quarter Results
United Bancshares, Inc. (OTCQX: UBOH) has reported impressive financial outcomes for the third quarter, showcasing strong net income growth and shareholder returns. The Company, which operates as a financial holding entity for The Union Bank Company, delivered a quarterly cash dividend of $0.23 per share, reinforcing its commitment to returning value to shareholders.
Quarterly Highlights and Financial Performance
The fiscal performance of United Bancshares for the quarter ending September 30, 2025, demonstrated robust growth in various metrics. The net income for this period totaled $3.0 million or $1.01 per share. This represents a $0.18 increase from $2.5 million or $0.83 per share during the corresponding quarter of 2024. Year-to-date figures show net income reaching $8.9 million, marking a significant jump compared to $6.1 million in the same period last year.
Key Financial Metrics of Third Quarter 2025
- Quarterly cash dividend of $0.23 per share, payable on December 15 for shareholders recorded on November 28.
- Net income increased to $3 million, compared to $2.5 million in 2024.
- Return on average assets reached 1.01%, a notable increase from 0.83% in 2024.
- Return on average tangible equity grew to 15.89% from 14.96% in the prior year.
- Net interest margin improved to 3.76%, reflecting an increase from 3.12% in 2024.
- Loan growth was recorded at $37.9 million, showing a 6.58% annualized increase.
- Core deposit growth is strong, reflecting an increase of $11.5 million.
- Asset quality metrics remain stable, resulting in historically low charge-offs.
Company Developments and Strategic Focus
United Bancshares' commitment to enhancing the banking experience is hallmarked by its ongoing rollout of a new digital platform, anticipated to launch in early 2026. This initiative aims to improve customer interactions and operational efficiency.
Investments and Share Performance
During the third quarter, trading activity for the shares of UBOH marked a significant increase of 167%. The average closing price during this quarter was $31.58, up by 18%, with highs reaching $37.35. This active market performance underscores investor confidence in the Company's growth strategy and financial stability.
Continued Commitment to Stakeholders
In light of a 28.2% increase in net interest income compared to the previous year, the Company's Board of Directors declared the $0.23 per share dividend. This constituent reflects 22.8% of the net income reported for the current quarter. The Company remains dedicated to fostering sustainable financial growth while maintaining value for stakeholders.
Looking Ahead
United Bancshares is enthusiastic about forthcoming opportunities, such as expanding its customer base through improved digital services and growing its loan and core deposit portfolios. The dedicated efforts of the Company’s team and Board of Directors continue to drive its success and uphold its commitment to shareholders.
Frequently Asked Questions
What was the net income for the third quarter?
The net income for the third quarter of 2025 was $3.0 million, equivalent to $1.01 per share.
When will the dividend be paid?
The quarterly dividend of $0.23 per share will be payable on December 15 for shareholders recorded on November 28.
How has the loan portfolio changed?
There has been an increase of $37.9 million in loans, reflecting a 6.58% growth rate.
What is significant about the net interest margin?
The net interest margin was reported at 3.76%, showcasing an improvement from 3.12% in the same quarter of the previous year.
What ongoing initiatives is United Bancshares pursuing?
The Company is focused on rolling out a new digital platform for clients, set to enhance service delivery.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
