United Bancshares (OTCQX: UBOH) reported net income of $5.2 million ($1.90 per share) for the third quarter of 2026, up from $3.0 million ($1.01 per share) a year earlier, and $10.5 million ($3.83 per share) year to date. Return on average tangible equity was 25.73% for the quarter, compared with 15.89% a year earlier. Net interest margin rose to 3.87% from 3.76% in the same period of 2025, and loans grew $43.4 million, or 7.01% annualized since December 31, 2025. Core deposits grew $54.4 million, or 7.48% annualized, and the company said credit quality remained stable, with an allowance for credit losses of 1.08% of loans at September 30, 2026. The board declared a quarterly dividend of $0.26 per share, payable on December 15, 2026 to shareholders of record on November 30, 2026, a 13% increase from the same quarter in 2025.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: UNITED BANCSHARES , INC . ANNOUNCES THIRD QUARTER 2026 RESULTS AND $0 . 26 DIVIDEND
Read the original on prnewswire.com ↗
Keywords
United Bancsharesbanksdividendscredit
Open a keyword to see other news on the same topic.
Related news
- Is Ares Capital Stock a Buy, Sell, or Hold Below Its Net Asset Value?
Ares Capital (ARCC), the largest publicly traded business development company, trades at about $18.50 per share, a 4.3% discount to its book value of $19.35 per share as of June 30, 2026. The article notes its net asset value fell about 3.25% over six months from nearly $20 per share at the end of 2025. Core earnings were $0.47 per share in both Q1 and Q2 2026, while dividends totaled $0.48 per share, and analysts expect the 2026 payout ratio to stay around 100%. The author suggests waiting for Q3 results on Oct. 27 and watching whether realized losses dominate NAV declines and whether the nonaccrual rate, up from 2% to 2.4%, rises significantly, which Fitch Ratings considers manageable.
- The IPO drought is driving private equity-owned companies to the debt market to pay investors
Private equity funds are increasingly asking portfolio companies to take on more debt to return cash to investors, a practice called dividend recap, as IPOs and sales of companies remain subdued. Moody's expects this activity to stay high in the EMEA region, estimating that PE-owned companies there could take on a further 41 billion euros ($46 billion) before reaching leverage levels that typically trigger a downgrade. The analysis shows the practice is mostly limited to companies that have outperformed their business plans, but if an IPO window opens unexpectedly, recent recap issuers may struggle to take advantage. Distributions to investors have fallen from more than 30% of starting net asset value in 2022 to about 12% today, according to PitchBook data. Raymond James warns that more debt means less equity value for shareholders when the business is eventually sold.
- Bluerock High Income Institutional Credit Fund Announces Q3 2026 Distribution at an 8 . 1 % Current Annualized Rate
The fund announced its seventeenth consecutive regular quarterly distribution, equal to an 8.1% current annualized distribution rate, with shareholders invested for the full quarter set to receive about $0.45 per share. Since its inception on June 21, 2022, it has paid approximately $10.67 per share in total distributions. The fund holds positions in 104 collateralized loan obligations with about $48.7 billion in underlying loan value, covering over 1,350 senior secured loans, and had net assets of about $168 million as of September 30, 2026. It also highlights the 'HALO' (heavy asset, low obsolescence) theme in credit markets, and notes that distributions are not fixed and may change with portfolio performance.
- Bluerock High Income Institutional Credit Fund Announces Q3 2026 Distribution at an 8 . 1 % Current Annualized Rate
The Bluerock High Income Institutional Credit Fund announced its seventeenth consecutive quarterly distribution, at an 8.1% current annualized rate. Shareholders invested for the full quarter will receive about $0.45 per share, bringing total distributions to roughly $10.67 per share since the fund's inception on June 21, 2022. As of September 30, 2026, the fund had about $168 million in net assets and held positions in 104 CLOs with approximately $48.7 billion in underlying loan value, covering over 1,350 senior secured loans. The fund is also watching the HALO (heavy asset, low obsolescence) theme in real estate credit, and notes that its distribution levels are not fixed and will vary with portfolio performance.
- First BanCorp ( FBP ) Q3 2026 Earnings Call Transcript
First BanCorp (FBP) reported Q3 net income of $96.1 million, flat sequentially as lower provisions and taxes offset lower net interest income, with diluted EPS of $0.63. Net interest margin fell 14 basis points to 4.73% on higher funding costs, while annualized loan growth of 3.3% was led by commercial and industrial lending and the CET1 ratio stood at 16.91%. The board raised the dividend 25% to $0.20 per share and approved a new $350 million buyback authorization. Net charge-offs rose to 0.55% of average loans from 0.49%, driven by consumer and auto portfolios, and tangible book value per share declined to $12.15 from $12.68 as higher market rates reduced securities values. Management expects deposit competition and loan pricing to keep pressure on margin expansion through the fourth quarter.
- These 4 Big Banks Pay Similar Dividends. Their Balance Sheets Tell Another Story
The four largest U.S. banks, JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC) and Bank of America (BAC), have all raised their dividends within the past six months, with the group's highest yield only 2.3%. The article argues the real difference lies in safety: how much of earnings the dividend uses, capital above regulatory minimums, and how each bank acted in past crises. JPMorgan has the thickest capital cushion, with a 13.9% CET1 ratio and a payout ratio of about 25.8%, while Citigroup has the lowest payout ratio at about 24.1%. Wells Fargo is flagged for its weaker track record, as the only one of the four to cut its dividend during the pandemic, from $0.51 to $0.10 per quarter in 2020.
Related markets
Latest news
- SpaceX Says It’s on Pace to Bring 200,000 Nvidia Chips Online a Month. Here’s Why Jensen Huang Calls GPU-Backed Loans “the Big Idea”
Nvidia (NVDA) closed at $221.97 on October 21, up 2.54%, a day after SpaceX said on its earnings call it expects to bring about 200,000 Nvidia GB300s online each month for the rest of the year. According to the Financial Times, SpaceX is seeking about $40 billion in loans and investment-grade debt to buy the chips, with Apollo expected to lead; a source told CNBC the deal would likely use the GPUs as collateral, though Bloomberg reports talks are early and could fail. Nvidia is both a supplier and a SpaceX shareholder, with a stake worth about $21 billion at the end of June. The article's main risk is financing: if rental rates fall, collateral value falls too, and Nvidia's free cash flow dropped to $21.40 billion in the July quarter from $48.59 billion the prior quarter.
- a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Andreessen Horowitz is renaming its crypto fund “a16z Frontier” and widening its mandate to AI and other long-horizon technologies, according to an email to newsletter subscribers. The firm says it will keep investing in crypto and advocating for sensible crypto regulation. Chris Dixon argues blockchains have faded into the background of products from Wall Street and fintech firms, so companies should be defined by what they do rather than the technology they use. He expects new “native use cases” to emerge, and sees crypto as a way for AI agents to pay each other. The new fund will be led by Dixon with Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet; the post gives no size for it, and the latest figure on record is the $2.2 billion announced in May.
- Dell Unveiled New AI Servers a Week After Barclays’ Downgrade. Here’s Where the Stock Could Go by 2031
Dell unveiled new AI Factory servers with NVIDIA at GTC Berlin on October 21, one week after Barclays downgraded the stock and cut its target to $574 from $603. Shares closed at $485.88, still below the $572.47 close of October 13. Barclays argues strong revenue mainly reflects memory costs passed on to customers, while CFO David Kennedy says new dense systems can replace 5 or 6 of those existing servers and supply will be tighter in 2027. Traditional servers and networking revenue rose 122% to $10.5 billion in the fiscal second quarter, and the AI server backlog stood at $95 billion as of July 31. TIKR's mid-case scenario puts the stock near $750 by January 31, 2031, about 54% higher, while Dell reports fiscal third-quarter results after the close on November 24.
- Elon Musk invests $1bn in CNN-owner Skydance
Elon Musk reportedly invested $1bn in Skydance, the newly formed company created through Paramount's $110bn takeover of Warner Bros, which owns CNN and CBS News, according to Semafor. Skydance carries net debt of roughly $80bn and is targeting $6bn in cost savings. The article says the investment repays a favour to Larry Ellison, who backed Musk's $1bn Twitter takeover in 2022. While the cash may ease pressure on Skydance's balance sheet, it could also fuel concerns about a right-wing media empire, as unions have accused CBS of editorial interference.
- Winklevoss PAC moves into Texas Senate race with $81K ad buy
Digital Freedom Fund, a super PAC launched in 2025 by Gemini co-founders Cameron and Tyler Winklevoss, spent more than $81,000 on direct mail backing Republican Ken Paxton and opposing Democrat James Talarico in the Texas Senate race. The PAC also spent in Ohio, bringing its support for Republican Jon Husted to about $7 million, and reported raising about $34 million as of Sept. 30. Prediction markets Kalshi and Polymarket heavily favored Democrats retaking the House and Senate in 2027, a result that would significantly affect the chances of passing the Digital Asset Market Clarity Act. Paxton had earlier benefited from $500,000 in ads funded by Fellowship PAC, which went through Nxum Group, co-founded by former Trump crypto adviser Bo Hines, and Nxum reportedly received $6.3 million in a deal with Tether.
- Why HubSpot Stock Rallied Today
HubSpot shares jumped as much as 7% on Thursday amid speculation about software sector M&A. Earlier this week Salesforce agreed to acquire Braze for $5.66 billion at a 58% premium, and the prior week CCC Intelligent Solutions and Varonis Systems agreed to deals at 44% and 52% premiums. Jefferies analyst Samad Samana sees the Braze deal as a possible spark for a takeover of Klaviyo and considers HubSpot an attractive private equity candidate, though he views a direct acquisition as unlikely. The article estimates a HubSpot deal, given its market cap above $13 billion and an average 51% premium, could cost around $20 billion, but stresses this is speculation.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.