United Bancorp Q2 FY26 net income rises 9.4% to $2.1 million

Reuters2026/08/12 18:11

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United Bancorp posted Q2 net income of $2.1 million, up 9.4% year over year; diluted EPS rose 9.1% to $0.36.
Net interest income climbed 6.2% in the quarter; six-month net interest margin widened 17 basis points to 3.82%.
Noninterest expense increased 10.1% in the quarter, driven by higher salaries and benefits, occupancy costs, and data processing spending.
Total assets rose 3.6% year over year to $878 million; deposits increased 6.8% to $686.9 million.
Management said it expects net interest income and net interest margin to keep rising through 2026, citing deposit mix and loan repricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-094756), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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United Bancorp Q2 FY26 net income rises 9.4% to $2.1 million

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