Overview

* United Bancorp ( UBCP ) Q3 net income rises 6.1% yr/yr, diluted EPS up 9.7%

* Company's net interest income grows 9.6% yr/yr, driven by asset expansion

* Company maintains strong credit metrics despite increased provision for credit losses

Outlook

* United Bancorp ( UBCP ) anticipates continued growth in net interest income and margin this year

* Company expects loan growth to boost interest income in Q4

* Economic uncertainty from trade policies and government shutdown may impact results

Result Drivers

* ASSET GROWTH - Growth in total assets, particularly from gross loans and cash reserves, drove net interest income expansion

* INVESTMENT STRATEGY - Investment of excess reserves into municipal securities with high yields contributed to interest income

* CREDIT METRICS - Despite economic uncertainties, the company maintained strong credit metrics with low nonperforming assets

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.34

Q3 Basic $0.34

EPS

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for United Bancorp Inc ( UBCP ) is $20.00, about 37.2% above its November 5 closing price of $12.55

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)