United Bancorp (NASDAQ:UBCP) Announces Quarterly Earnings Results

United Bancorp (NASDAQ:UBCP) issued its quarterly earnings data on Friday. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $6.13 million during the quarter. United Bancorp had a net margin of 17.76% and a return on equity of 11.82%.

Shares of NASDAQ UBCP traded up $0.15 during mid-day trading on Friday, reaching $11.40. 2,435 shares of the company’s stock traded hands, compared to its average volume of 2,681. The company has a market capitalization of $64.77 million, a PE ratio of 10.96 and a beta of 0.11. The business has a 50-day moving average of $11.38. United Bancorp has a 1-year low of $10.25 and a 1-year high of $13.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.83 and a current ratio of 0.83.

In other United Bancorp news, Director Gary W. Glessner acquired 2,700 shares of United Bancorp stock in a transaction dated Thursday, May 30th. The stock was purchased at an average cost of $11.50 per share, for a total transaction of $31,050.00. Following the completion of the acquisition, the director now directly owns 50,140 shares of the company’s stock, valued at $576,610. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 10.50% of the stock is owned by company insiders.

Separately, ValuEngine cut shares of United Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. The company also offers brokerage services. As of April 24, 2019, it operated through a network of 19 banking offices in the Ohio counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas; and a loan production office in Wheeling, West Virginia.

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Earnings History for United Bancorp (NASDAQ:UBCP)

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