United Bancorp (UBCP) Reports Q1 EPS of $0.14

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Go back to United Bancorp (UBCP) Reports Q1 EPS of $0.14

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

April 24, 2015 1:00 PM EDT

MARTINS FERRY, Ohio, April 24, 2015 /PRNewswire/ -- 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.

Randall M. Greenwood, Senior Vice President, CFO and Treasurer remarked, "We are very happy to report on the earnings improvement of our Company for the three months ended March 31, 2015.  From an operating perspective, the Company's net... More