United Bancshares, Inc. operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit. Its loan products include commercial and residential real estate, agricultural, commercial and industrial, home equity, and various types of consumer and small business administration loans. The company also offers wealth management, financial needs analysis, mutual funds, securities trading, annuities, and life insurance services; and treasury management, online and mobile banking, automatic teller machine, bill pay, safe deposit box rental, payment, and other personalized services. It operates eighteen full service banking centers and three loan production offices in northwest and central Ohio. United Bancshares, Inc. was founded in 1904 and is headquartered in Columbus Grove, Ohio.
United Bancshares Price Performance
Shares of UBOH Stock opened at $22.30 on Friday. United Bancshares has a 1 year low of $22.00 and a 1 year high of $35.40. The firm's 50 day moving average is $27.32 and its 200-day moving average is $30.88. The firm has a market capitalization of $73.14 million, a price-to-earnings ratio of 6.23 and a beta of 0.52. The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 0.20.
United Bancshares (NASDAQ:UBOH - Get Rating) last posted its quarterly earnings results on Friday, May 6th. The bank reported $0.76 earnings per share for the quarter. The business had revenue of $11.28 million during the quarter. United Bancshares had a net margin of 22.71% and a return on equity of 10.65%.
United Bancshares Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Tuesday, August 30th. United Bancshares's dividend payout ratio (DPR) is 23.46%.