United Bncp Inc (UBCP) 9.75 $UBCP
United Bancorp, Inc. Reports a 21% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.41% and an 8.7% Increase in Net Interest Income for the Quarter Ended March 31, 2016
PR Newswire - Thu Apr 28, 9:00AM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.17 for the quarter ended March 31, 2016, as compared to $0.14 for the quarter ended March 31, 2015, an increase of 21%. This growth in earnings can be attributed to several factors that are explained below in detail. The most significant factor driving this growth in earnings is a $286,000, or 8.7%, increase in net interest income for the quarter ended March 31, 2016, as compared to the same quarter in 2015.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Declares its Second Quarter Regular Cash Dividend Payment at $0.10 per Share and Reports on Annual Shareholder Meeting
PR Newswire - Thu Apr 21, 10:00AM CDT
On April 20, 2016, the Board of Directors of United Bancorp, Inc. (UBCP) declared the second quarter dividend payment of $0.10 per share for shareholders of record on June 10, 2016 with a payment date of June 20, 2016. This payment is equal to the cash dividend paid in the first quarter of this year and is greater than the $0.09 per share paid in the second quarter of last year. This payment also represents an annualized cash dividend of $0.40, which provides a current yield to shareholders of 4.41% based on the most recent quarter-end closing price.
UBCP: 9.75 (-0.15)
United Bancorp reports 21% increase in diluted EPS in 2015
M2 - Fri Feb 05, 6:38AM CST
United Bancorp, Inc. (NASDAQ: UBCP) has reported diluted earnings per share of USD0.64 for the year ended December 31, 2015, compared to USD0.53 for the year ended December 31, 2014, an increase of 21 percent, the company said. The company's diluted earnings per share for the three months ended December 31, 2015 increased 13 percent to USD0.17 from USD0.15 for the three months ended December 31, 2014. The company's net interest margin decreased slightly for 2015 to a level of 3.64 percent compared to 3.75 percent for 2014. This decrease in the net interest margin is attributed to the company having a higher level of investment securities for 2015 as compared to 2014. Net loans charged off for 2015 were USD380,000, or 0.12 percent of average loans, as compared to USD1.2 million, or 0.40 percent, for 2014. In addition, the company continued to see a decrease in its other real estate and repossessions (OREO) as balances decreased by USD782,000, or 68.6 percent, during the course of this past year to a level of USD357,000. The company's office consolidation in its Glouster, Ohio marketplace was completed late in the first quarter of 2015 and has lead to additional cost savings that should help to further contain noninterest expense in future periods. In May 2016, a USD6.0 million FHLB advance matures at a rate of 3.28 percent. If this advance is replaced with a short term borrowing at a current rate of 50 basis points, the company will save approximately USD167,000 annually in interest expense beginning in May 2016. In addition, the company's USD4.1 million subordinated debenture repriced on January 1, 2016 from a fixed rate of 6.25 percent to a variable rate of 0.62 percent based on the three-month LIBOR plus a margin of 1.35 percent. United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of approximately USD405.1 million and total shareholder's equity of approximately USD41.5 million as of December 31, 2015. Through its single bank charter, The Citizens Savings Bank, the company has 18 banking offices that serve the Ohio Counties of Athens and Fairfield through its Community Bank Division and Belmont, Carroll, Harrison, Jefferson and Tuscarawas through its Citizens Bank Division.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 21% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.17% and Market Value Appreciation of 19% for the Year Ended December 31, 2015
PR Newswire - Thu Jan 28, 9:00AM CST
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.64 for the year ended December 31, 2015 compared to $0.53 for the year ended December 31, 2014, an increase of 21%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended December 31, 2015 increased 13% to $0.17 from $0.15 for the three months ended December 31, 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Increases Quarterly Cash Dividend to $0.10 per Common Share Producing a Forward Yield of 4.65% and Announces a Special Dividend Payment of $0.05 per Common Share
PR Newswire - Thu Nov 19, 10:00AM CST
On November 18, 2015, the Board of Directors of United Bancorp, Inc. (UBCP) increased the fourth quarter dividend payment to $0.10 per common share from the previous quarterly dividend rate of $0.09 per common share, an 11.1% increase. This increased cash dividend is a reflection of UBCP's positive trend in core earnings and will be payable December 18, 2015 to shareholders of record on December 8, 2015. With this increase, the regular cash dividend produces a forward yield of 4.65%.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 24% Increase in Diluted Earnings per Share for the Nine Months Ended September 30, 2015 and an Annualized Dividend Yield of 4.00%
PR Newswire - Tue Oct 27, 12:00PM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.47 for the nine months ended September 30, 2015 compared to $0.38 for the nine months ended September 30, 2014, an increase of 24%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended September 30, 2015 increased 21% to $0.17 from $0.14 for the three months ended September 30, 2014.
UBCP: 9.75 (-0.15)
United Bancorp announces quarterly dividend of 4.01% yield
M2 - Fri Aug 21, 3:53AM CDT
The board of directors of United Bancorp Inc (NASDAQ:UBCP) authorised a third quarter dividend of USD0.09 per share, the company disclosed on Thursday.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Declares Quarterly Cash Dividend Payment With A Current Yield of 4.01%
PR Newswire - Thu Aug 20, 10:00AM CDT
On August 19, 2015, the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared the third quarter dividend payment of $0.09 per share for shareholders of record on September 8, 2015 with a payment date of September 18, 2015. This payment is equal to the cash dividend paid in the first and second quarters of this year and is greater than the $0.08 per share paid in the third quarter of last year. This payment represents an annualized cash dividend of $0.36 which provides a current yield to shareholders of 4.01% based on the most recent quarter-end market value per share.
UBCP: 9.75 (-0.15)
United Bancorp reports improved net earnings for quarter ended June 2015 and annual dividend yield of 4.01%
M2 - Mon Jul 27, 5:29AM CDT
United Bancorp Inc (NASDAQ:UBCP) reported on Friday that for the three months ended 30 June 2015, its net income was USD804,773 or USD0.16 diluted earnings per share (up by 14.3% year over year), an increase of 12.47% from the net income of USD715,539 or USD0.14 diluted earnings per share for the three months ended 30 June 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 25% Increase in Diluted Earnings per Share for the Six Months Ended June 30, 2015 and an Annualized Dividend Yield of 4.01%
PR Newswire - Fri Jul 24, 10:00AM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.30 for the six months ended June 30, 2015 compared to $0.24 for the six months ended June 30, 2014, an increase of 25%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended June 30, 2015 increased 14% to $0.16 from $0.14 for the three months ended June 30, 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 40% Increase in Quarterly Diluted Earnings per Share and an Annualized Dividend Yield of 4.56% for the Quarter Ended March 31, 2015
PR Newswire - Fri Apr 24, 12:00PM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio, reported diluted earnings per share of $0.14 for the quarter ended March 31, 2015 compared to $0.10 for the quarter ended March 31, 2014, an increase of 40%. This growth in earnings can be attributed to several factors which are explained in detail below.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports 25% Increase in Quarterly Diluted Earnings per Share and Diluted Earnings per Share of $0.53 for the Year Ended December 31, 2014
PR Newswire - Tue Jan 27, 12:00PM CST
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.15 for the quarter ended December 31, 2014 compared to $0.12 for the quarter ended December 31, 2013, an increase of 25%. For the year ended December 31, 2014, the Company reported diluted earnings per share of $0.53 which matched last year's performance. The $0.53 diluted earnings per share for 2014 is comprised of an increase in core earnings as compared to the $0.53 diluted earnings per share reported in 2013 which included $900,000 related to a non-core, tax-exempt BOLI benefit. By matching the diluted earnings per share of $0.53 without the $900,000 BOLI benefit, the Company demonstrated strong growth in core earnings year-over-year. This growth in core earnings can be attributed to several factors which are explained in detail below.
UBCP: 9.75 (-0.15)
United Bancorp announces 12.5% higher dividend of USD0.09 per share for Q4
M2 - Fri Nov 21, 3:40AM CST
The board of directors of the parent company of the Citizens Savings Bank, United Bancorp Inc (Nasdaq CM:UBCP) authorised a fourth quarter common stock dividend of USD0.09 per share, up 12.5% from the earlier quarter payment, the company disclosed on Thursday.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Increases Quarterly Cash Dividend Producing a Forward Yield of 4.45%
PR Newswire - Thu Nov 20, 10:00AM CST
On November 19, 2014, the Board of Directors of United Bancorp, Inc. (UBCP) increased the fourth quarter dividend payment to $0.09 per common share from the previous quarterly dividend rate of $0.08 per common share, a 12.5% increase. This increased cash dividend is a reflection of UBCP's positively trending core earnings and will be payable December 19, 2014 to shareholders of record on December 9, 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 21% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.41% and an 8.7% Increase in Net Interest Income for the Quarter Ended March 31, 2016
PR Newswire - Thu Apr 28, 9:00AM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.17 for the quarter ended March 31, 2016, as compared to $0.14 for the quarter ended March 31, 2015, an increase of 21%. This growth in earnings can be attributed to several factors that are explained below in detail. The most significant factor driving this growth in earnings is a $286,000, or 8.7%, increase in net interest income for the quarter ended March 31, 2016, as compared to the same quarter in 2015.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Declares its Second Quarter Regular Cash Dividend Payment at $0.10 per Share and Reports on Annual Shareholder Meeting
PR Newswire - Thu Apr 21, 10:00AM CDT
On April 20, 2016, the Board of Directors of United Bancorp, Inc. (UBCP) declared the second quarter dividend payment of $0.10 per share for shareholders of record on June 10, 2016 with a payment date of June 20, 2016. This payment is equal to the cash dividend paid in the first quarter of this year and is greater than the $0.09 per share paid in the second quarter of last year. This payment also represents an annualized cash dividend of $0.40, which provides a current yield to shareholders of 4.41% based on the most recent quarter-end closing price.
UBCP: 9.75 (-0.15)
United Bancorp reports 21% increase in diluted EPS in 2015
M2 - Fri Feb 05, 6:38AM CST
United Bancorp, Inc. (NASDAQ: UBCP) has reported diluted earnings per share of USD0.64 for the year ended December 31, 2015, compared to USD0.53 for the year ended December 31, 2014, an increase of 21 percent, the company said. The company's diluted earnings per share for the three months ended December 31, 2015 increased 13 percent to USD0.17 from USD0.15 for the three months ended December 31, 2014. The company's net interest margin decreased slightly for 2015 to a level of 3.64 percent compared to 3.75 percent for 2014. This decrease in the net interest margin is attributed to the company having a higher level of investment securities for 2015 as compared to 2014. Net loans charged off for 2015 were USD380,000, or 0.12 percent of average loans, as compared to USD1.2 million, or 0.40 percent, for 2014. In addition, the company continued to see a decrease in its other real estate and repossessions (OREO) as balances decreased by USD782,000, or 68.6 percent, during the course of this past year to a level of USD357,000. The company's office consolidation in its Glouster, Ohio marketplace was completed late in the first quarter of 2015 and has lead to additional cost savings that should help to further contain noninterest expense in future periods. In May 2016, a USD6.0 million FHLB advance matures at a rate of 3.28 percent. If this advance is replaced with a short term borrowing at a current rate of 50 basis points, the company will save approximately USD167,000 annually in interest expense beginning in May 2016. In addition, the company's USD4.1 million subordinated debenture repriced on January 1, 2016 from a fixed rate of 6.25 percent to a variable rate of 0.62 percent based on the three-month LIBOR plus a margin of 1.35 percent. United Bancorp, Inc. is headquartered in Martins Ferry, Ohio and has total assets of approximately USD405.1 million and total shareholder's equity of approximately USD41.5 million as of December 31, 2015. Through its single bank charter, The Citizens Savings Bank, the company has 18 banking offices that serve the Ohio Counties of Athens and Fairfield through its Community Bank Division and Belmont, Carroll, Harrison, Jefferson and Tuscarawas through its Citizens Bank Division.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 21% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.17% and Market Value Appreciation of 19% for the Year Ended December 31, 2015
PR Newswire - Thu Jan 28, 9:00AM CST
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.64 for the year ended December 31, 2015 compared to $0.53 for the year ended December 31, 2014, an increase of 21%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended December 31, 2015 increased 13% to $0.17 from $0.15 for the three months ended December 31, 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Increases Quarterly Cash Dividend to $0.10 per Common Share Producing a Forward Yield of 4.65% and Announces a Special Dividend Payment of $0.05 per Common Share
PR Newswire - Thu Nov 19, 10:00AM CST
On November 18, 2015, the Board of Directors of United Bancorp, Inc. (UBCP) increased the fourth quarter dividend payment to $0.10 per common share from the previous quarterly dividend rate of $0.09 per common share, an 11.1% increase. This increased cash dividend is a reflection of UBCP's positive trend in core earnings and will be payable December 18, 2015 to shareholders of record on December 8, 2015. With this increase, the regular cash dividend produces a forward yield of 4.65%.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 24% Increase in Diluted Earnings per Share for the Nine Months Ended September 30, 2015 and an Annualized Dividend Yield of 4.00%
PR Newswire - Tue Oct 27, 12:00PM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.47 for the nine months ended September 30, 2015 compared to $0.38 for the nine months ended September 30, 2014, an increase of 24%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended September 30, 2015 increased 21% to $0.17 from $0.14 for the three months ended September 30, 2014.
UBCP: 9.75 (-0.15)
United Bancorp announces quarterly dividend of 4.01% yield
M2 - Fri Aug 21, 3:53AM CDT
The board of directors of United Bancorp Inc (NASDAQ:UBCP) authorised a third quarter dividend of USD0.09 per share, the company disclosed on Thursday.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Declares Quarterly Cash Dividend Payment With A Current Yield of 4.01%
PR Newswire - Thu Aug 20, 10:00AM CDT
On August 19, 2015, the Board of Directors of United Bancorp, Inc. (NASDAQ: UBCP) declared the third quarter dividend payment of $0.09 per share for shareholders of record on September 8, 2015 with a payment date of September 18, 2015. This payment is equal to the cash dividend paid in the first and second quarters of this year and is greater than the $0.08 per share paid in the third quarter of last year. This payment represents an annualized cash dividend of $0.36 which provides a current yield to shareholders of 4.01% based on the most recent quarter-end market value per share.
UBCP: 9.75 (-0.15)
United Bancorp reports improved net earnings for quarter ended June 2015 and annual dividend yield of 4.01%
M2 - Mon Jul 27, 5:29AM CDT
United Bancorp Inc (NASDAQ:UBCP) reported on Friday that for the three months ended 30 June 2015, its net income was USD804,773 or USD0.16 diluted earnings per share (up by 14.3% year over year), an increase of 12.47% from the net income of USD715,539 or USD0.14 diluted earnings per share for the three months ended 30 June 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 25% Increase in Diluted Earnings per Share for the Six Months Ended June 30, 2015 and an Annualized Dividend Yield of 4.01%
PR Newswire - Fri Jul 24, 10:00AM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.30 for the six months ended June 30, 2015 compared to $0.24 for the six months ended June 30, 2014, an increase of 25%. This growth in earnings can be attributed to several factors which are explained below in detail. The Company's diluted earnings per share for the three months ended June 30, 2015 increased 14% to $0.16 from $0.14 for the three months ended June 30, 2014.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports a 40% Increase in Quarterly Diluted Earnings per Share and an Annualized Dividend Yield of 4.56% for the Quarter Ended March 31, 2015
PR Newswire - Fri Apr 24, 12:00PM CDT
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio, reported diluted earnings per share of $0.14 for the quarter ended March 31, 2015 compared to $0.10 for the quarter ended March 31, 2014, an increase of 40%. This growth in earnings can be attributed to several factors which are explained in detail below.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Reports 25% Increase in Quarterly Diluted Earnings per Share and Diluted Earnings per Share of $0.53 for the Year Ended December 31, 2014
PR Newswire - Tue Jan 27, 12:00PM CST
United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.15 for the quarter ended December 31, 2014 compared to $0.12 for the quarter ended December 31, 2013, an increase of 25%. For the year ended December 31, 2014, the Company reported diluted earnings per share of $0.53 which matched last year's performance. The $0.53 diluted earnings per share for 2014 is comprised of an increase in core earnings as compared to the $0.53 diluted earnings per share reported in 2013 which included $900,000 related to a non-core, tax-exempt BOLI benefit. By matching the diluted earnings per share of $0.53 without the $900,000 BOLI benefit, the Company demonstrated strong growth in core earnings year-over-year. This growth in core earnings can be attributed to several factors which are explained in detail below.
UBCP: 9.75 (-0.15)
United Bancorp announces 12.5% higher dividend of USD0.09 per share for Q4
M2 - Fri Nov 21, 3:40AM CST
The board of directors of the parent company of the Citizens Savings Bank, United Bancorp Inc (Nasdaq CM:UBCP) authorised a fourth quarter common stock dividend of USD0.09 per share, up 12.5% from the earlier quarter payment, the company disclosed on Thursday.
UBCP: 9.75 (-0.15)
United Bancorp, Inc. Increases Quarterly Cash Dividend Producing a Forward Yield of 4.45%
PR Newswire - Thu Nov 20, 10:00AM CST
On November 19, 2014, the Board of Directors of United Bancorp, Inc. (UBCP) increased the fourth quarter dividend payment to $0.09 per common share from the previous quarterly dividend rate of $0.08 per common share, a 12.5% increase. This increased cash dividend is a reflection of UBCP's positively trending core earnings and will be payable December 19, 2014 to shareholders of record on December 9, 2014.
UBCP: 9.75 (-0.15)
