{"success":true,"data":{"pressRelease":{"id":"176187","rtpr_id":"nPn9227vra-20261021","ticker":"UBOH","exchange":"OTC","all_tickers":["UBOH"],"title":"UNITED BANCSHARES, INC. ANNOUNCES THIRD QUARTER 2026 RESULTS AND $0.26 DIVIDEND","author":"PR Newswire","published_at":"2026-10-21T20:30:01.234Z","article_body":"UNITED BANCSHARES, INC. ANNOUNCES THIRD QUARTER 2026 RESULTS AND $0.26 DIVIDEND\nPR Newswire\n\nCOLUMBUS GROVE, Ohio, Oct. 21, 2026\n\nCOLUMBUS GROVE, Ohio, Oct. 21, 2026 /PRNewswire/ -- United Bancshares, Inc.\n(OTCQX: UBOH)\n\n * Quarterly cash dividend of $0.26 per share for shareholders of record on\nNovember 30, 2026, payable on December 15, 2026. This represents a 13%\nincrease from the same quarter in 2025.\n * Company reported net income of $5.2 million ($1.90 per share) for the third\nquarter of 2026 and $10.5 million ($3.83 per share) YTD 2026 compared to $3.0\nmillion ($1.01 per share) for the third quarter of 2025 and $8.9 million\n($3.00 per share) YTD 2025.\n * Company reported return on average tangible equity of 25.73% and 17.18% for\nthe third quarter and first nine months of 2026 compared to 15.89% and 16.29%\nfor the third quarter and first nine months of 2025.\n * Net interest margin of 3.87% for the third quarter of 2026, an increase from\n3.76% in the comparable period in 2025. YTD 2026 net interest margin of 3.95%,\nis up from 3.69% YTD 2025.\n * Loan growth of $43.4 million, an annualized growth rate of 7.01% from December\n31, 2025.\n * Deposits increased $135.7 million, inclusive of $61.9 million of brokered\ndeposits and fluctuations in state deposit programs totaling $19.4 million,\nresulting in core deposit growth of $54.4 million or 7.48% annualized growth\nfrom December 31, 2025.\n * Asset quality metrics remain strong with stable non-performing and classified\nloans supported by an allowance for credit losses to loans of 1.08% on\nSeptember 30, 2026.\nNon‑GAAP Financial Measures\nThis release contains certain non‑GAAP financial measures, including return\non average tangible equity. Tangible equity is defined as total\nshareholders' equity, less goodwill and other intangible assets. Management\nbelieves these measures provide meaningful supplemental information to assess\nperformance and capital adequacy and are useful to investors; however, they\nshould not be viewed as a substitute for GAAP measures.\n\nCautionary Note Regarding Forward‑Looking Statements\nThis press release may contain forward‑looking statements, including\nstatements regarding future financial and operating results, loan and deposit\ngrowth, net interest margin, asset quality, capital, dividends, and strategy.\nForward‑looking statements are based on current expectations and assumptions\nand are subject to risks and uncertainties that could cause actual results to\ndiffer materially from those expressed or implied. Factors that could cause\nactual results to differ materially include, among others, changes in interest\nrates, inflation, competitive pressures, credit quality and economic\nconditions in our markets, liquidity and funding conditions, regulatory and\naccounting developments, and other risks described from time to time in public\nmaterials made available by the Company. The Company undertakes no obligation\nto update any forward‑looking statements, except as required by law.\n\nAbout United Bancshares, Inc.\nUnited Bancshares, Inc. (OTCQX: UBOH) is a financial holding company\nheadquartered in Columbus Grove, Ohio, and the parent company of The Union\nBank Company. United Bancshares' common stock trades on the OTCQX Best Market\nunder the symbol \"UBOH.\"\n\nAbout The Union Bank Company:\nSince 1904, The Union Bank Company has been here to provide full-service\nbanking to the people and businesses throughout the communities we serve.\nToday, the bank has 14 full-service branch locations across Northwest and\nCentral Ohio, including Bowling Green, Columbus Grove, Delphos, Findlay,\nGibsonburg, Kalida, Leipsic, Lewis Center, Lima, Marion, Ottawa, Paulding and\nPemberville. We have Interactive Teller Machines (ITMs) located at all of our\nbranch locations with additional ITM-only locations in Lima, Marion, McComb\nand Paulding. The Union Bank Company is headquartered in Columbus Grove, Ohio,\nand remains committed to providing the best banking service and products to\nall the communities we serve. Learn more at www.theubank.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4803180-1&h=2416172786&u=http%3A%2F%2Fwww.theubank.com%2F&a=www.theubank.com)\n.\n\nContact:\nBrian D. Young, President and CEO\nKlint D. Manz, Chief Financial Officer\n419.659.2141\n\nUnited Bancshares, Inc.\nQuarterly Report\nSeptember 30, 2026\n\nShareholders, Clients, and Team Members:\n\nI am pleased to report that your Company continued to see strong results for\n2026, reporting $5.2 million ($1.90/share) and $10.5 million ($3.83/share) in\nnet income for the third quarter and year to date, respectively. That equated\nto return on average tangible equity of 25.7% and 17.2% for the three- and\nnine-month periods in 2026, respectively. The Company also reported\napproximately $43 million in loan growth (7% annualized) and $54.4 million\n(7.5% annualized) in core deposit growth (excluding the deposit fluctuations\nfrom the Ohio Treasurer's matching deposits and acquired brokered CDs). While\ncredit quality remained relatively stable, the Company has allocated $642,000\nto provision for credit losses so far in 2026.\n\nAs a result of these successes, the Board of Directors declared a $0.26 per\nshare quarterly dividend, payable on December 15(th) for shareholders of\nrecord on November 30(th). The dividend is a 13% increase as compared to the\nthird quarter 2025 dividend and 13.7% of the reported net income for the third\nquarter of 2026.\n\nAs the Company continues to report positive movement in many of our financial\nmetrics, we continue to believe that repurchasing our shares at appropriate\nlevels brings long-term value to our shareholders. Throughout 2026, UBOH\nshares closed on the OTCQX market at an average price of $38.82 per share and\nclosed the third quarter at $40.04 per share. If your investment strategy has\nchanged or you would simply like to use your capital for another purpose, we\nencourage you to contact the Company. By contacting us directly, you may\nbenefit from a negotiated price, avoid brokerage commissions or fees, and\nexperience a faster and simpler transaction process. Any share repurchase is\nentirely voluntary for both the shareholder and the Company. If you are\ninterested in discussing a potential repurchase of your shares, please contact\nme directly at 419-879-6111.\n\nThe continued accomplishments of your Company are the result of the ongoing\nefforts of the Company's unyielding team members and Board of Directors in\napplying our strong corporate values of respect for and accountability to our\nshareholders, clients, colleagues, and communities. As always, your ongoing\nsupport and the trust you have placed in us is appreciated.\n\nRespectfully,\n\nBrian D. Young\nChairman, President & CEO\n Financial Reports\n (unaudited)\n\n                                                September 30, 2026      December 31, 2025\n Cash and cash equivalents                      $     57,121,000        $     51,833,000\n Securities                                     428,469,000             227,895,000\n Loans                                          868,505,000             825,129,000\n Less allowance for credit losses               (9,328,000)             (8,630,000)\n Other assets                                   113,523,000             97,170,000\n Total Assets                                   $1,458,290,000          $1,193,397,000\n\n Deposits                                       $1,191,472,000          $1,055,736,000\n Borrowings                                     163,628,000             16,568,000\n Other liabilities                              8,148,000               7,431,000\n Total Liabilities                              1,363,248,000           1,079,735,000\n\n Common stock and surplus                       22,582,000              22,326,000\n Retained earnings                              142,573,000             134,117,000\n Accumulated other comprehensive (loss) income  (40,907,000)            (24,776,000)\n Treasury stock                                 (29,206,000)            (18,005,000)\n Total shareholders' equity                     95,042,000              113,662,000\n\n Total Liabilities and Shareholders' Equity     $1,458,290,000          $1,193,397,000\n\n Common shares outstanding                      2,691,611               2,954,518\n Book value                                     $35.31                  $38.47\n Tangible book value (non-GAAP)                 $24.53                  $28.76\n Closing price                                  $40.04                  $43.02\n Allowance for credit losses to loans           1.08 %                  1.05 %\n\n(end of period, excluding LHFS)\n Loans to deposits                              72.89 %                 78.16 %\n\n \n                                                                               3 months             3 months       9 months       9 months\n                                                                               ended                ended          ended          ended\n                                                                               Sept 30,             Sept 30,       Sept 30,       Sept 30,\n                                                                               2026\n2025          2026           2025\n Interest income                                                               $18,669,000          $14,771,000    $50,755,000    $43,501,000\n Interest expense                                                              6,278,000            4,806,000      15,572,000     14,090,000\n Net interest income                                                           12,391,000           9,965,000      35,183,000     29,411,000\n\n Provision for credit losses                                                   253,000              64,000         642,000        392,000\n Net interest income after provision                                           12,138,000           9,901,000      34,541,000     29,019,000\n\n Non-interest income                                                           1,777,000            1,826,000      1,824,000      5,430,000\n Non-interest expense                                                          8,254,000            8,366,000      24,893,000     24,449,000\n Income before federal income taxes                                            5,661,000            3,361,000      11,472,000     10,000,000\n\n Federal income taxes                                                          510,000              370,000        972,000        1,091,000\n Net Income                                                                    $5,151,000           $2,991,000     $10,500,000    $8,909,000\n\n Average common shares outstanding                                             2,705,764            2,962,803      2,742,528      2,968,674\n\n Per Share Data:\n Net income (basic)                                                            $1.90                $1.01          $3.83          $3.00\n Cash dividends declared                                                       $0.26                $0.23          $0.77          $0.69\n\n Performance Ratios:\n Return on average assets                                                      1.42 %               1.01 %         1.05 %         0.99 %\n Return on average tangible shareholders' equity                               25.73 %              15.89 %        17.18 %        16.29 %\n Net interest margin                                                           3.87 %               3.76 %         3.95 %         3.69 %\n\n Credit Quality and Other Ratios:\n Net loan charge-offs (recoveries) as a percentage of average outstanding net  0.00 %               0.00 %         0.01 %         (0.04 %)\n loans\n\n \n United Bancshares, Inc.           The Union Bank Co.\n\nDirectors\nDirectors\n\nRobert L. Benroth\nRobert L. Benroth\n\nHerbert H. Huffman III\nAnthony M. V. Eramo\n\nKevin L. Lammon\nHerbert H. Huffman III\n\nR. Steven Unverferth\nKevin L. Lammon\n\nBrian D. Young, Chairman\nJohn P. Miller\n\n \nWilliam R. Perry\n\n \nCarol R. Russell\n\nR. Steven Unverferth\n\nBrian D. Young, Chairman\n Officers\n\nBrian D. Young, President/CEO\n\nJane M. Wood, Secretary\n\nKlint D. Manz, CFO\n\nInvestor Materials\nUnited Bancshares, Inc. trades its common stock on the OTCQX Best Market under\nthe symbol \"UBOH\". Annual and quarterly shareholder reports, regulatory\nfilings, press releases, and articles about United Bancshares, Inc. are\navailable in the Investor Relations section of our website, theubank.com, or\nby calling 800-837-8111.\n\n \n\nView original\ncontent:https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-third-quarter-2026-results-and-0-26-dividend-302915417.html\n(https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-third-quarter-2026-results-and-0-26-dividend-302915417.html)\n\nSOURCE United Bancshares, Inc.\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9227vra-20261021","title":"UNITED BANCSHARES, INC. ANNOUNCES THIRD QUARTER 2026 RESULTS AND $0.26 DIVIDEND","author":"PR Newswire","ticker":"UBOH","created":"2026-10-21T20:30:01.234Z","tickers":["UBOH"],"exchange":"OTC","article_body":"UNITED BANCSHARES, INC. ANNOUNCES THIRD QUARTER 2026 RESULTS AND $0.26 DIVIDEND\nPR Newswire\n\nCOLUMBUS GROVE, Ohio, Oct. 21, 2026\n\nCOLUMBUS GROVE, Ohio, Oct. 21, 2026 /PRNewswire/ -- United Bancshares, Inc.\n(OTCQX: UBOH)\n\n * Quarterly cash dividend of $0.26 per share for shareholders of record on\nNovember 30, 2026, payable on December 15, 2026. This represents a 13%\nincrease from the same quarter in 2025.\n * Company reported net income of $5.2 million ($1.90 per share) for the third\nquarter of 2026 and $10.5 million ($3.83 per share) YTD 2026 compared to $3.0\nmillion ($1.01 per share) for the third quarter of 2025 and $8.9 million\n($3.00 per share) YTD 2025.\n * Company reported return on average tangible equity of 25.73% and 17.18% for\nthe third quarter and first nine months of 2026 compared to 15.89% and 16.29%\nfor the third quarter and first nine months of 2025.\n * Net interest margin of 3.87% for the third quarter of 2026, an increase from\n3.76% in the comparable period in 2025. YTD 2026 net interest margin of 3.95%,\nis up from 3.69% YTD 2025.\n * Loan growth of $43.4 million, an annualized growth rate of 7.01% from December\n31, 2025.\n * Deposits increased $135.7 million, inclusive of $61.9 million of brokered\ndeposits and fluctuations in state deposit programs totaling $19.4 million,\nresulting in core deposit growth of $54.4 million or 7.48% annualized growth\nfrom December 31, 2025.\n * Asset quality metrics remain strong with stable non-performing and classified\nloans supported by an allowance for credit losses to loans of 1.08% on\nSeptember 30, 2026.\nNon‑GAAP Financial Measures\nThis release contains certain non‑GAAP financial measures, including return\non average tangible equity. Tangible equity is defined as total\nshareholders' equity, less goodwill and other intangible assets. Management\nbelieves these measures provide meaningful supplemental information to assess\nperformance and capital adequacy and are useful to investors; however, they\nshould not be viewed as a substitute for GAAP measures.\n\nCautionary Note Regarding Forward‑Looking Statements\nThis press release may contain forward‑looking statements, including\nstatements regarding future financial and operating results, loan and deposit\ngrowth, net interest margin, asset quality, capital, dividends, and strategy.\nForward‑looking statements are based on current expectations and assumptions\nand are subject to risks and uncertainties that could cause actual results to\ndiffer materially from those expressed or implied. Factors that could cause\nactual results to differ materially include, among others, changes in interest\nrates, inflation, competitive pressures, credit quality and economic\nconditions in our markets, liquidity and funding conditions, regulatory and\naccounting developments, and other risks described from time to time in public\nmaterials made available by the Company. The Company undertakes no obligation\nto update any forward‑looking statements, except as required by law.\n\nAbout United Bancshares, Inc.\nUnited Bancshares, Inc. (OTCQX: UBOH) is a financial holding company\nheadquartered in Columbus Grove, Ohio, and the parent company of The Union\nBank Company. United Bancshares' common stock trades on the OTCQX Best Market\nunder the symbol \"UBOH.\"\n\nAbout The Union Bank Company:\nSince 1904, The Union Bank Company has been here to provide full-service\nbanking to the people and businesses throughout the communities we serve.\nToday, the bank has 14 full-service branch locations across Northwest and\nCentral Ohio, including Bowling Green, Columbus Grove, Delphos, Findlay,\nGibsonburg, Kalida, Leipsic, Lewis Center, Lima, Marion, Ottawa, Paulding and\nPemberville. We have Interactive Teller Machines (ITMs) located at all of our\nbranch locations with additional ITM-only locations in Lima, Marion, McComb\nand Paulding. The Union Bank Company is headquartered in Columbus Grove, Ohio,\nand remains committed to providing the best banking service and products to\nall the communities we serve. Learn more at www.theubank.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4803180-1&h=2416172786&u=http%3A%2F%2Fwww.theubank.com%2F&a=www.theubank.com)\n.\n\nContact:\nBrian D. Young, President and CEO\nKlint D. Manz, Chief Financial Officer\n419.659.2141\n\nUnited Bancshares, Inc.\nQuarterly Report\nSeptember 30, 2026\n\nShareholders, Clients, and Team Members:\n\nI am pleased to report that your Company continued to see strong results for\n2026, reporting $5.2 million ($1.90/share) and $10.5 million ($3.83/share) in\nnet income for the third quarter and year to date, respectively. That equated\nto return on average tangible equity of 25.7% and 17.2% for the three- and\nnine-month periods in 2026, respectively. The Company also reported\napproximately $43 million in loan growth (7% annualized) and $54.4 million\n(7.5% annualized) in core deposit growth (excluding the deposit fluctuations\nfrom the Ohio Treasurer's matching deposits and acquired brokered CDs). While\ncredit quality remained relatively stable, the Company has allocated $642,000\nto provision for credit losses so far in 2026.\n\nAs a result of these successes, the Board of Directors declared a $0.26 per\nshare quarterly dividend, payable on December 15(th) for shareholders of\nrecord on November 30(th). The dividend is a 13% increase as compared to the\nthird quarter 2025 dividend and 13.7% of the reported net income for the third\nquarter of 2026.\n\nAs the Company continues to report positive movement in many of our financial\nmetrics, we continue to believe that repurchasing our shares at appropriate\nlevels brings long-term value to our shareholders. Throughout 2026, UBOH\nshares closed on the OTCQX market at an average price of $38.82 per share and\nclosed the third quarter at $40.04 per share. If your investment strategy has\nchanged or you would simply like to use your capital for another purpose, we\nencourage you to contact the Company. By contacting us directly, you may\nbenefit from a negotiated price, avoid brokerage commissions or fees, and\nexperience a faster and simpler transaction process. Any share repurchase is\nentirely voluntary for both the shareholder and the Company. If you are\ninterested in discussing a potential repurchase of your shares, please contact\nme directly at 419-879-6111.\n\nThe continued accomplishments of your Company are the result of the ongoing\nefforts of the Company's unyielding team members and Board of Directors in\napplying our strong corporate values of respect for and accountability to our\nshareholders, clients, colleagues, and communities. As always, your ongoing\nsupport and the trust you have placed in us is appreciated.\n\nRespectfully,\n\nBrian D. Young\nChairman, President & CEO\n Financial Reports\n (unaudited)\n\n                                                September 30, 2026      December 31, 2025\n Cash and cash equivalents                      $     57,121,000        $     51,833,000\n Securities                                     428,469,000             227,895,000\n Loans                                          868,505,000             825,129,000\n Less allowance for credit losses               (9,328,000)             (8,630,000)\n Other assets                                   113,523,000             97,170,000\n Total Assets                                   $1,458,290,000          $1,193,397,000\n\n Deposits                                       $1,191,472,000          $1,055,736,000\n Borrowings                                     163,628,000             16,568,000\n Other liabilities                              8,148,000               7,431,000\n Total Liabilities                              1,363,248,000           1,079,735,000\n\n Common stock and surplus                       22,582,000              22,326,000\n Retained earnings                              142,573,000             134,117,000\n Accumulated other comprehensive (loss) income  (40,907,000)            (24,776,000)\n Treasury stock                                 (29,206,000)            (18,005,000)\n Total shareholders' equity                     95,042,000              113,662,000\n\n Total Liabilities and Shareholders' Equity     $1,458,290,000          $1,193,397,000\n\n Common shares outstanding                      2,691,611               2,954,518\n Book value                                     $35.31                  $38.47\n Tangible book value (non-GAAP)                 $24.53                  $28.76\n Closing price                                  $40.04                  $43.02\n Allowance for credit losses to loans           1.08 %                  1.05 %\n\n(end of period, excluding LHFS)\n Loans to deposits                              72.89 %                 78.16 %\n\n \n                                                                               3 months             3 months       9 months       9 months\n                                                                               ended                ended          ended          ended\n                                                                               Sept 30,             Sept 30,       Sept 30,       Sept 30,\n                                                                               2026\n2025          2026           2025\n Interest income                                                               $18,669,000          $14,771,000    $50,755,000    $43,501,000\n Interest expense                                                              6,278,000            4,806,000      15,572,000     14,090,000\n Net interest income                                                           12,391,000           9,965,000      35,183,000     29,411,000\n\n Provision for credit losses                                                   253,000              64,000         642,000        392,000\n Net interest income after provision                                           12,138,000           9,901,000      34,541,000     29,019,000\n\n Non-interest income                                                           1,777,000            1,826,000      1,824,000      5,430,000\n Non-interest expense                                                          8,254,000            8,366,000      24,893,000     24,449,000\n Income before federal income taxes                                            5,661,000            3,361,000      11,472,000     10,000,000\n\n Federal income taxes                                                          510,000              370,000        972,000        1,091,000\n Net Income                                                                    $5,151,000           $2,991,000     $10,500,000    $8,909,000\n\n Average common shares outstanding                                             2,705,764            2,962,803      2,742,528      2,968,674\n\n Per Share Data:\n Net income (basic)                                                            $1.90                $1.01          $3.83          $3.00\n Cash dividends declared                                                       $0.26                $0.23          $0.77          $0.69\n\n Performance Ratios:\n Return on average assets                                                      1.42 %               1.01 %         1.05 %         0.99 %\n Return on average tangible shareholders' equity                               25.73 %              15.89 %        17.18 %        16.29 %\n Net interest margin                                                           3.87 %               3.76 %         3.95 %         3.69 %\n\n Credit Quality and Other Ratios:\n Net loan charge-offs (recoveries) as a percentage of average outstanding net  0.00 %               0.00 %         0.01 %         (0.04 %)\n loans\n\n \n United Bancshares, Inc.           The Union Bank Co.\n\nDirectors\nDirectors\n\nRobert L. Benroth\nRobert L. Benroth\n\nHerbert H. Huffman III\nAnthony M. V. Eramo\n\nKevin L. Lammon\nHerbert H. Huffman III\n\nR. Steven Unverferth\nKevin L. Lammon\n\nBrian D. Young, Chairman\nJohn P. Miller\n\n \nWilliam R. Perry\n\n \nCarol R. Russell\n\nR. Steven Unverferth\n\nBrian D. Young, Chairman\n Officers\n\nBrian D. Young, President/CEO\n\nJane M. Wood, Secretary\n\nKlint D. Manz, CFO\n\nInvestor Materials\nUnited Bancshares, Inc. trades its common stock on the OTCQX Best Market under\nthe symbol \"UBOH\". Annual and quarterly shareholder reports, regulatory\nfilings, press releases, and articles about United Bancshares, Inc. are\navailable in the Investor Relations section of our website, theubank.com, or\nby calling 800-837-8111.\n\n \n\nView original\ncontent:https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-third-quarter-2026-results-and-0-26-dividend-302915417.html\n(https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-third-quarter-2026-results-and-0-26-dividend-302915417.html)\n\nSOURCE United Bancshares, Inc.\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-21T20:30:01.311965166Z","server_sent_at_ms":1792614601311},"received_at":"2026-10-21T20:30:01.410Z","source_url":"https://www.prnewswire.com/news-releases/united-bancshares-inc-announces-third-quarter-2026-results-and-0-26-dividend-302915417.html"},"analysis":{"id":"164175","press_release_id":"176187","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["borrowings jumped to $163.6 million from $16.6 million at year-end 2025","accumulated other comprehensive loss widened to $40.9 million; tangible book value declined to $24.53 from $28.76","Q3 non-interest income fell to $1.78 million from $5.43 million in the prior-year nine-month comparison basis"],"eventType":"earnings","narrative":"United Bancshares reported Q3 2026 net income of $5.2 million ($1.90 per share), up 72% from $3.0 million ($1.01) a year earlier.\n\nReturn on average tangible equity reached 25.73% with net interest margin expanding to 3.87%, while loans grew $43.4 million (7% annualized) and core deposits grew $54.4 million (7.5% annualized).\n\nThe board declared a $0.26 quarterly dividend, a 13% year-over-year increase, and management noted continued willingness to repurchase shares, which closed the quarter at $40.04.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap Ohio bank nearly doubles EPS YoY with 25.7% ROATCE and a 13% dividend hike."},"keyFigures":{"eps":1.9,"revenue":0,"revenueYoy":0,"customDimensions":{"loan_growth":"$43.4 million (7.01% annualized)","eps_ytd_2025":3,"eps_ytd_2026":3.83,"total_assets":1458290000,"allowance_to_loans":"1.08%","dividend_per_share":0.26,"net_income_q3_2025":2991000,"net_income_q3_2026":5151000,"core_deposit_growth":"$54.4 million (7.48% annualized)","net_income_ytd_2026":10500000,"tangible_book_value":24.53,"closing_price_q3_end":40.04,"dividend_yoy_increase":"13%","net_interest_margin_q3":"3.87%","net_interest_margin_q3_2025":"3.76%","return_avg_tangible_equity_q3":"25.73%","return_avg_tangible_equity_q3_2025":"15.89%"}},"quotedText":"Quarterly cash dividend of $0.26 per share for shareholders of record on November 30, 2026, payable on December 15, 2026.","namedEntities":{"people":[{"name":"Brian D. Young","role":"Chairman, President & CEO"},{"name":"Klint D. Manz","role":"CFO"}],"products":[],"companies":[{"name":"United Bancshares, Inc.","ticker":"UBOH"},{"name":"The Union Bank Company","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$5.2 million","context":"Q3 2026 net income"},{"amount":"$1.90","context":"Q3 2026 EPS"},{"amount":"$0.26","context":"quarterly dividend per share"},{"amount":"$43.4 million","context":"loan growth since Dec 31, 2025"},{"amount":"$135.7 million","context":"deposit growth since Dec 31, 2025"}]},"materialImpact":{"score":4,"reasoning":"Net income jumped 72% YoY to $5.2 million ($1.90/share vs $1.01), ROATCE of 25.73%, NIM expansion, plus a 13% dividend increase. Strong beat vs prior year for a micro-cap bank, though no consensus figures are stated."},"tickerRelevance":{"others":[],"primary":"UBOH"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":["dividend"],"importanceComponents":{"tickerTier":"micro-cap OTCQX","eventGravity":"strong earnings beat vs prior year + dividend increase","sectorWeight":"regional banking, low market-wide significance","liquidityNote":"thinly traded OTCQX name"}},"event_type":"earnings","event_type_secondary":["dividend"],"sentiment":"bullish","material_impact_score":4,"narrative":"United Bancshares reported Q3 2026 net income of $5.2 million ($1.90 per share), up 72% from $3.0 million ($1.01) a year earlier.\n\nReturn on average tangible equity reached 25.73% with net interest margin expanding to 3.87%, while loans grew $43.4 million (7% annualized) and core deposits grew $54.4 million (7.5% annualized).\n\nThe board declared a $0.26 quarterly dividend, a 13% year-over-year increase, and management noted continued willingness to repurchase shares, which closed the quarter at $40.04.","key_figures":{"eps":1.9,"revenue":0,"revenueYoy":0,"customDimensions":{"loan_growth":"$43.4 million (7.01% annualized)","eps_ytd_2025":3,"eps_ytd_2026":3.83,"total_assets":1458290000,"allowance_to_loans":"1.08%","dividend_per_share":0.26,"net_income_q3_2025":2991000,"net_income_q3_2026":5151000,"core_deposit_growth":"$54.4 million (7.48% annualized)","net_income_ytd_2026":10500000,"tangible_book_value":24.53,"closing_price_q3_end":40.04,"dividend_yoy_increase":"13%","net_interest_margin_q3":"3.87%","net_interest_margin_q3_2025":"3.76%","return_avg_tangible_equity_q3":"25.73%","return_avg_tangible_equity_q3_2025":"15.89%"}},"named_entities":{"people":[{"name":"Brian D. 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