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COLUMBUS GROVE, Ohio, April 26, 2021 (GLOBE NEWSWIRE) United Bancshares, Inc. (NASDAQ: UBOH) Columbus Grove, OH – The Union Bank Company Board of Directors appointed Bluffton University President Dr. Jane Wood to the Board of Directors effective after the annual meeting on April 28, 2021. “We are very pleased that Dr. Wood has agreed to join our Board,” said Brian D. Young, President and CEO of The Union Bank Company. “In addition to being an incredible individual with impeccable integrity and compassion, she leads a successful team at the university with high energy and an entrepreneurial spirit. With her experiences, breadth of knowledge and sincere passion for all those associated with the university and her community, she will make our board even stronger.” ....
United Bancshares, Inc. Reports First Quarter 2021 Results Results Include Robust Earnings Growth for the First Quarter of 2021 COLUMBUS GROVE, Ohio, April 22, 2021 (GLOBE NEWSWIRE) United Bancshares, Inc. (NASDAQ: UBOH) Highlights Pretax net income of $5.0 million Return on Average Assets of 1.66% Return on Average Tangible Equity of 19.94% Earnings per share of $1.26 Full Details Commentary from our CEO United Bancshares President and Chief Executive Officer, Brian D. Young said, “We are pleased to report these strong results for the first quarter of 2021. Our results include pre-tax net income of $5.0 million for the quarter, a significant increase over the first quarter of 2020. Our Company’s Board of Directors also approved a $0.17 per common share dividend, which was a 6.25% increase from last quarter and amounted to approximately 13.5% of net income for the first quarter. During the quarter, our teams produced $48.4 million ....