United Bancorp (UBCP) Reports Q3 EPS of $0.18

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Go back to United Bancorp (UBCP) Reports Q3 EPS of $0.18

United Bancorp, Inc. Reports a 12.8% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.04% and a 7.5% Increase in Net Interest Income for the Nine Months Ended September 30, 2016

October 19, 2016 11:00 AM EDT

MARTINS FERRY, Ohio, Oct. 19, 2016 /PRNewswire/ -- United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio, reported diluted earnings per share of $0.53 for the nine months ended September 30, 2016, as compared to $0.47 for the nine months ended September 30, 2015, an increase of 12.8%.  This growth in earnings can be attributed to several factors that are explained below in detail. The Company's diluted earnings per share for the three months ended September 30, 2016, was $0.18, compared to $0.17 for the same period last year, an increase of 5.9%.

Randall M. Greenwood, Senior Vice President, CFO and... More