United Bancorp, Inc. reported diluted earnings per share of $0.34 for the quarter ended September 30, 2025, up 9.7% from $0.31 in the same period a year earlier. Net income rose to $1.931 million, a 6.1% increase from $1.77 million in Q3 2024.
The earnings lift was driven primarily by a 9.6% year‑over‑year rise in net interest income, fueled by a 12% growth in the bank’s loan portfolio. Net interest margin expanded to 3.66% from 3.50% in 2024, reflecting both higher interest rates and a more favorable asset‑liability mix.
Operating expenses remained largely flat, with cost‑to‑income ratio holding steady at 45.2%. The combination of stronger net interest income and controlled expenses pushed the bank’s adjusted operating margin to 9.9%, up from 9.6% in the prior year.
For the first nine months of 2025, United Bancorp posted diluted EPS of $0.99 and net income of $5.717 million, matching the same figures reported for the first nine months of 2024. The flat nine‑month performance underscores the bank’s focus on steady asset growth while maintaining profitability.
CFO Randall M. Greenwood said the results confirm the bank’s strategy of expanding its asset base toward the $1.0 billion target. He highlighted disciplined cost management and the continued growth of the loan book as key contributors to the quarter’s earnings.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.