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Stock impact report

UNITED BANCSHARES, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND $0.22 DIVIDEND [Yahoo! Finance]

United Bancshares, Inc. (UBOH) 
US:NASDAQ Investor Relations: bankwithunited.com/investor-relations
Company Research Source: Yahoo! Finance
Quarterly cash dividend declared of per share for shareholders of record on February 29, 2024 , payable on March 15, 2024 . This dividend is up 4.76% from the prior year comparable period. Based on the average closing price for the fourth quarter, this is a 4.99% dividend yield. Net income of $2.3 million or per share for the 2023 fourth quarter, down from $3.5 million or per share in the comparable period in 2022 ( $2.7 million or per share when excluding a $1.0 million provision for credit loss reversal). YTD 2023 net income of $8.6 million or per share, down from $11.3 million or per share YTD 2022 ( $9.7 million or per share when excluding a one-time BOLI death benefit and a $1.0 million provision for credit loss reversal). Return on average assets of 0.88% for the 2023 fourth quarter, down from 1.33% in the comparable period in 2022 (1.03% when excluding a $1.0 million provision for credit loss reversal). YTD 2023 return on average assets of 0.79%, down from 1.06% YTD 2022 ( Show less Read more
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