Market cap data unavailable. We couldn't positively verify this ticker's market cap is under $500M. Verify independently before trading.
United Bancshares, Inc.
- Market Cap
- Unavailable
- Price
- $38.90
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.39%
- Volume
- 1.1K
About
United Bancshares, Inc. serves as the holding company for The Union Bank Company, offering a comprehensive suite of commercial and consumer banking services. Its deposit portfolio includes checking, savings, demand, money market, and term certificates, alongside individual retirement accounts and certificates of deposit. The firm provides a diverse array of lending solutions, encompassing commercial and residential real estate, agricultural, commercial and industrial, home equity, consumer, and Small Business Administration (SBA) loans. Beyond traditional banking, it delivers wealth management, financial planning, mutual funds, securities trading, annuities, and life insurance. Customers also have access to treasury management, online and mobile banking, ATMs, bill payment, safe deposit box rentals, and other tailored payment and personalized services. The company maintains eighteen full-service banking centers and three loan production offices across northwest and central Ohio. Established in 1904, United Bancshares, Inc. is headquartered in Columbus Grove, Ohio.
Quick stats
Quick-stats data pending — refreshes nightly.
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001087456
Websitehttps://www.theubank.com
AI Summary
AI-generated1/2
majorbullishearnings
UNITED BANCSHARES, INC. ANNOUNCES SECOND QUARTER 2026 RESULTS AND $0.26 DIVIDEND
United Bancshares declared a quarterly dividend of $0.26 per share, a 13% increase from the prior year, alongside reported Q2 net income of $1.7 million ($0.61 per share).
The earnings were negatively impacted by a strategic one-time pre-tax loss of $3.8 million from the sale of $40 million in investment securities, which were redeployed into higher-yielding assets.
Excluding the loss, adjusted earnings were approximately $4.5 million ($1.64 per share), supported by a 29 basis point expansion in net interest margin to 4.00% and solid loan growth of 9.30% annualized.
The company also issued $30 million in subordinated debt to leverage its capital position, contributing to a return on tangible capital of 13.1% for the first half of 2026.
Red flags
- GAAP EPS ($0.61) significantly lower than adjusted EPS ($1.64) due to one-time securities loss
- Non-interest income was negative $(2.1)M for the quarter