United Bancorp, Inc. Reports Record First Quarter Earnings
ACCESSWIRE
30 Apr 2021, 01:05 GMT+10
MARTINS FERRY, OH / ACCESSWIRE / April 29, 2021 / United Bancorp, Inc. (NASDAQ:UBCP) reported diluted earnings per share of $0.33 and net income of $1,908,000 for the three months ended March 31, 2021, as compared to its previous first quarter record level for diluted earnings per share of $0.28, which was achieved in the first quarters of both 2019 and 2020.
Randall M. Greenwood, Senior Vice President, CFO and Treasurer remarked, Even though our economy has not fully recovered from the impact of the events that have occurred over the course of the past twelve months, we are extremely pleased to report on our record earnings performance for the first three months of 2021. For the quarter ending March 31, 2021, our Company achieved net income of $1,908,000 and diluted earnings per share of $0.33, which was an increase of $329,000, or 21%, and $0.05, or 18%, respectively over the previo
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