#United States #Dividend #United Bancshares #Columbus Grove #UBOH

United Bancshares' Strong Financial Performance for Q2 2025

On July 17, 2025, United Bancshares, Inc. (OTCQX: UBOH) unveiled its financial results for the second quarter of 2025, showcasing notable achievements and declarations that are set to benefit its shareholders. The company reported a net income of $3.1 million, translating to $1.05 per share, a significant increase when compared to the previous year's net income of $1.8 million or $0.61 per share. This marks a rise of $0.44 per share, underlining the company’s robust financial health and operations.

In light of these positive results, United Bancshares declared a quarterly cash dividend of $0.23 per share, designated for shareholders of record by August 29, 2025, with the payment set for September 15, 2025. Based on the average closing price during the second quarter, this dividend yield stands at approximately 3.44%. Such consistent dividend payments reflect the bank's commitment to delivering value to its investors.

The financial metrics remain promising, with a year-to-date net income reaching $5.9 million, which equates to $1.99 per share, representing a substantial increase from $3.7 million or $1.22 per share in the same period for 2024. The return on average assets (ROAA) also improved significantly to 1.04%, up from 0.68% in the comparable period from last year. The return on average tangible equity surged to 17.33%, compared to 12.27% recorded in Q2 2024.

The net interest margin for the second quarter was 3.71%, illustrating a healthy increase from 3.12% reported a year prior, emphasizing the bank’s favorable lending conditions and management. Additionally, United Bancshares experienced a solid loan growth of $22.3 million, translating to an annualized increase of 5.82% since December 31, 2024. Deposit growth saw a more modest rise of $2.9 million, showcasing steady customer trust and engagement with the bank.

Despite these growths, asset quality remained a priority for United Bancshares, with stable performances in non-performing and classified loans, and historical low charge-off levels sustained through the first half of 2025. All these metrics combined indicate a successful quarter reflective of the bank’s sound operational strategies and risk management practices.

United Bancshares has been providing comprehensive banking services since 1904, consistently expanding its reach across Ohio. With 14 full-service branch locations across Northwest and Central Ohio, the bank remains an integral part of the communities it serves. The ongoing commitment to enhancing customer services is underlined by the upcoming rollout of a new digital platform, expected to improve client experience by introducing innovative banking solutions.

Moreover, the bank's leadership expressed enthusiasm regarding the implementation of enhanced teller services from 7 AM to 7 PM, offering convenience to its clients, along with the addition of new team members to bolster operational efficiency. Share repurchases, totaling 20,145 shares during Q2, signify the management's confidence in the bank's future and commitment to shareholder returns.

President and CEO Brian D. Young lauded the financial results as a testament to the dedicated efforts of the company's team and expressed gratitude towards shareholders for their continued support. He emphasized that the values of respect and accountability to clients, employees, and communities remain central to their operations. As United Bancshares continues to navigate the banking landscape successfully, its focus on providing quality services and maintaining financial integrity is likely to ensure long-term viability and growth.

Financial Summary

• - Q2 2025 Net Income: $3.1 million ($1.05/share)
• - YTD 2025 Net Income: $5.9 million ($1.99/share)
• - Declared Dividend: $0.23/share
• - Loan Growth: $22.3 million (5.82% annualized)
• - Deposit Growth: $2.9 million (0.54% annualized)
• - Return on Average Assets: 1.04%
• - Return on Average Tangible Equity: 17.33%

As United Bancshares looks ahead, its strategic plans to innovate digital services and enhance customer interactions are poised to bring valuable benefits to both the bank and its shareholders, reinforcing its position in the market for years to come.