News about United Bancshares

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.