UNITED BANCSHARES, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS AND $0.22 DIVIDEND
UNITED BNCSHS CLMBUS GRVE (UBOH)
US:NASDAQ Investor Relations:
bankwithunited.com/investor-relations
Company Research
Source: PR Newswire
COLUMBUS GROVE, Ohio, Jan. 23, 2025 /PRNewswire/ -- United Bancshares, Inc. (OTCQX: UBOH)Quarterly cash dividend declared of $0.22 per share for shareholders of record on February 28, 2025, payable on March 17, 2025. Based on the average closing price for the fourth quarter, this is a 3.93% dividend yield.Net income of $3.0 million or $1.02 per share for the 2024 fourth quarter. This is a $680,000 increase from $2.3 million or $0.77 per share in the comparable period in 2023. YTD 2024 net income of $9.2 million or $3.06 per share. This is a $549,000 increase from $8.6 million or $2.80 per share YTD 2023.Return on average assets of 0.98% for the 2024 fourth quarter, an increase from 0.88% in the comparable period in 2023. YTD 20
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