UNITED BANCSHARE(US:UBOH) Prnewswireยท2025-10-23 20:30Core Viewpoint - United Bancshares, Inc. reported strong financial results for the third quarter of 2025, with a net income of $3.0 million, a quarterly cash dividend of $0.23 per share, and significant growth in loans and deposits [1][6][9]. Financial Performance - Net income for Q3 2025 was $3.0 million, or $1.01 per share, an increase from $2.5 million, or $0.83 per share, in Q3 2024 [6][12]. - Year-to-date (YTD) 2025 net income reached $8.9 million, or $3.00 per share, up from $6.1 million, or $2.05 per share, in YTD 2024 [6][12]. - Return on average assets improved to 1.01% in Q3 2025 from 0.83% in Q3 2024, and YTD return on average assets was 0.99%, up from 0.73% [6][12]. - Return on average tangible equity for Q3 2025 was 15.89%, compared to 14.96% in Q3 2024, with YTD return at 16.29%, up from 12.85% [6][12]. - Net interest margin increased to 3.76% in Q3 2025 from 3.12% in Q3 2024, with YTD net interest margin at 3.69%, up from 3.09% [6][12]. Growth Metrics - Loan growth was reported at $37.9 million, representing a 6.58% annualized increase from December 31, 2024 [6][7]. - Core deposit growth was $11.5 million, or 1.56% annualized, from December 31, 2024 [6][7]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.23 per share, payable on December 15, 2025, for shareholders of record on November 28, 2025, representing a 2.91% dividend yield based on the average closing price for Q3 [6][9]. Stock Performance - Trading volume for shares (UBOH) increased by 167% in Q3 compared to the previous quarter, with an average closing price of $31.58, an 18% increase [8]. - The company has repurchased 374,121 shares at an average price of $21.53 from 2022 through September 2025 [8]. Operational Developments - The company is implementing a new digital platform expected to roll out in Q1 2026, alongside increased usage of live teller access and the addition of experienced team members [10].