United Bancorp (NASDAQ:UBCP) Announces Earnings Results

United Bancorp (NASDAQ:UBCP) released its quarterly earnings data on Friday. The financial services provider reported $0.32 earnings per share for the quarter, Zacks reports. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%. The firm had revenue of $7.53 million during the quarter.

United Bancorp Price Performance

UBCP stock opened at $12.62 on Friday. The stock has a market capitalization of $75.29 million, a price-to-earnings ratio of 9.94 and a beta of 0.34. The firm’s 50-day moving average price is $13.01 and its two-hundred day moving average price is $13.09. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. United Bancorp has a 12-month low of $11.40 and a 12-month high of $14.78.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be given a dividend of $0.185 per share. The ex-dividend date is Tuesday, June 10th. This represents a $0.74 annualized dividend and a yield of 5.86%. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s dividend payout ratio is presently 59.68%.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.