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UBCP

United Bancorp, Inc.

UBCP

United Bancorp, Inc. • NASDAQ
$13.39 ▲ 0.68% (+0.09)
Market Cap $77.31 M
52w High $15.64
52w Low $12.25
Dividend Yield 0.76%
P/E 10.22
Volume 2.12K
Outstanding Shares 5.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $0 ▼ $0 ▼ 0% ▼ $0.35 ▲ $340K ▼
Q2-2025 $11.801M ▲ $5.843M ▲ $1.915M ▲ 16.223% ▼ $0.33 ▲ $2.261M ▲
Q1-2025 $11.123M ▼ $5.586M ▼ $1.872M ▲ 16.83% ▲ $0.32 ▲ $2.173M ▲
Q4-2024 $11.273M ▲ $5.631M ▲ $1.849M ▲ 16.402% ▲ $0.31 $2.11M ▼
Q3-2024 $11.159M $5.529M $1.82M 16.31% $0.31 $2.217M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $143.625K ▼ $866.756M ▲ $800.286M ▲ $66.47M ▲
Q2-2025 $272.744M ▲ $847.884M ▲ $788.226M ▲ $59.658M ▼
Q1-2025 $266.246M ▲ $830.681M ▲ $769.88M ▲ $60.801M ▼
Q4-2024 $138.839M ▼ $816.656M ▼ $753.199M ▼ $63.457M ▼
Q3-2024 $287.939M $825.482M $760.022M $65.46M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.931M ▲ $3.165M ▼ $-18.284M ▼ $11.085M ▼ $-4.034M ▼ $7.14M ▲
Q2-2025 $1.914M ▲ $3.781M ▲ $-6.193M ▼ $15.695M ▲ $13.283M ▼ $1.464M ▲
Q1-2025 $1.872M ▲ $1.064M ▼ $275K ▲ $15.456M ▲ $16.795M ▲ $-594K ▼
Q4-2024 $1.849M ▲ $1.085M ▼ $-10.262M ▼ $-8.993M ▼ $-18.17M ▼ $1.6M ▲
Q3-2024 $1.821M $4.698M $-1.62M $-2.87M $208K $-1.554M

Five-Year Company Overview

Income Statement

Income Statement United Bancorp’s income picture is steady rather than spectacular. Revenue has inched up over the past few years and has held in a fairly narrow range, showing consistency. Profits have also been consistently positive, but earnings per share have come off their recent peak, which suggests some mild pressure on profitability, likely from a tougher interest-rate environment and higher funding costs. Overall, the bank looks like a slow-and-steady earner with dependable but not fast-growing income, and some sensitivity to the broader rate and credit cycle.

Balance Sheet

Balance Sheet The balance sheet shows measured growth in total assets over time, which fits a conservative community bank profile. Equity has stayed broadly stable, indicating no dramatic balance sheet swings, but not much recent strengthening either. Cash levels are lower than a few years ago, while the use of debt has risen, which points to a greater reliance on borrowed funding and slightly higher financial risk than in the past. The picture is of a generally sound but more tightly managed balance sheet that needs careful oversight of liquidity and funding costs.

Cash Flow

Cash Flow Cash flow from the core banking business has been consistently positive, which is a key strength. Free cash flow has usually been positive as well, though it softened recently as the bank spent more on investments and capital projects. That suggests management is reinvesting in the franchise, but it also leaves a bit less cushion for dividends or future shocks. In simple terms, the bank reliably generates cash, but recent reinvestment means there is a greater need to balance growth initiatives with maintaining financial flexibility.

Competitive Edge

Competitive Edge United Bancorp’s edge is classic community banking: local presence, long-standing customer relationships, and personalized service. It serves relatively focused markets in Ohio and West Virginia, where its brand and local knowledge matter. This relationship-based model can support customer loyalty and stable deposits, particularly among individuals and small businesses. On the other hand, its limited geographic reach and smaller scale compared with larger regional and national banks mean it has less diversification and fewer resources to spread technology and regulatory costs. Its competitive position is solid within its niche but constrained by size and footprint.

Innovation and R&D

Innovation and R&D The company follows a pragmatic, follower-style approach to innovation. It offers the digital tools that customers now expect—online and mobile banking, card controls, and enhanced treasury services—but largely through standard, off‑the‑shelf solutions rather than proprietary technology. Investments appear aimed at keeping service convenient and secure rather than at breaking new ground. This fits its community-banking focus and keeps risk and cost lower, but also means it is unlikely to gain a technology-driven edge versus larger or more tech-forward peers. Future innovation will likely be incremental, focused on improving customer experience and efficiency, not on transformative new offerings.

Summary

United Bancorp comes across as a traditional, relationship-driven community bank with a history of stable results. Income and cash generation are consistent, balance sheet growth has been measured, and the business model leans on local knowledge and loyal customers rather than scale or cutting-edge technology. The main trade-offs are slower growth, rising funding and interest-rate pressures, and a modestly higher reliance on debt, offset by a predictable earnings profile and a straightforward, customer-centric strategy. Future performance will largely depend on local economic conditions, credit quality, and how effectively the bank manages funding costs and ongoing technology upgrades within its conservative framework.

NEWS

November 20, 2025 · 11:00 AM UTC

United Bancorp, Inc. Increases its Fourth Quarter Cash Dividend Payment to $0.19 per Share, which produces a Forward Yield of 5.4%

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November 6, 2025 · 11:00 AM UTC

United Bancorp, Inc. Reports Respective Increases in 2025 Third Quarter and Nine-Month Earnings

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