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0.0296482412060303 0.0296482412060303 0.0301507537688443 0.0301507537688443 0.0301507537688443 0.0301507537688443 0.0301507537688443 0.0301507537688443
Stock impact report

UNITED BANCSHARES, INC. ANNOUNCES THIRD QUARTER 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, Oct. 17, 2024 /PRNewswire/ -- United Bancshares, Inc. (OTCQX: UBOH)A quarterly cash dividend declared of $0.22 per share for shareholders of record on November 29, 2024, payable on December 16, 2024. Based on the average closing price for the third quarter, this is a 4.50% dividend yield.Net income of $2.5 million or $0.83 per share for the 2024 third quarter. This is a $494,000 increase from $2.0 million or $0.65 per share in the comparable period in 2023. YTD 2024 net income of $6.1 million or $2.05 per share, down slightly from $6.3 million net income, but up from $2.03 per share YTD 2023.Return on average assets of 0.83% for the 2024 third quarter, an increase from 0.73% in the comparable period in 2023. YTD 2024 return on average assets of 0.73%, down from 0.77% YTD 2023.Return on average tangible equity of 14.96% for the 2024 third quarter, up from 14.12% in the comparable period in 2023. YTD 2024 return on average tangible equity of 12.85%, down from 14.78 Show less Read more
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