United Bancorp, Inc. (UBCP) Stock

United Bancorp, Inc. (UBCP) is a Financials stock trading at $15.96 (as of 2026-08-17), with a market capitalization of $92.24M and a trailing P/E of 11.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

United Bancorp, Inc. is a bank holding company for Unified Bank, providing commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits and makes commercial, commercial and residential real estate, and consumer loans through banking offices in multiple Ohio counties and parts of West Virginia, plus a loan production office in Wheeling.

Understand United Bancorp, Inc.: how it makes money

United Bancorp, Inc. operates as the bank holding company for Unified Bank, providing commercial and retail banking in Ohio by taking deposits and making commercial, commercial and residential real estate, and consumer loans, with earnings driven by its lending activity and deposit-funded balance sheet.

For a bank holding company like United Bancorp, the core profit engine is the spread between what it earns on loans (including commercial, real estate, and consumer loans) and what it pays on deposits, with results heavily influenced by credit performance (nonaccrual and past due loans) and deposit funding mix (including uninsured deposits).

Business quality (Mixed): The model is traditional retail and commercial banking, where investors typically focus on credit quality and deposit funding stability.

Valuation: At 12× earnings, UBCP trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Current credit quality appears contained: Nonaccrual loans and loans past due 30 plus days were 0.3% of gross loans (latest period), which can support steadier earnings.
  • Allowance coverage is high relative to nonperforming loans: Allowance for Credit Losses to Nonperforming Loans was 438% (latest period), suggesting meaningful credit loss coverage based on reported figures.
  • Balanced product mix across commercial and retail lending: The bank accepts demand, savings, and time deposits, and extends commercial, commercial and residential real estate, and consumer loans (as described).

Bear case

  • Credit deterioration risk remains a key swing factor: If nonaccrual and past due loans increase from the current 0.3% of gross loans, it could pressure credit costs and earnings, even though current levels are low.
  • Some deposits are uninsured: Uninsured Deposits were 18.2% (latest period), which can increase sensitivity to funding stress because that portion is not insured.
  • Geographic concentration: The described banking footprint is concentrated in specific Ohio counties and nearby West Virginia localities, so local economic conditions could have an outsized impact.
Valuation — source: SEC EDGAR (first-party)
Price$15.96
Market Cap$92.24M
P/E Ratio11.7
EV / EBITDA5.1
Price / Book1.28
Price / Sales2.22
Dividend Yield6.0%
FCF Yield-1.5%
DCF Value (model)$26.82
DCF Upside vs Price68.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$41.49M
Net Margin18.7%
Return on Equity11.1%
Revenue Growth (YoY)1.2%
EPS Growth (YoY)9.1%
FCF Growth (YoY)-116.1%
Valuation vs Sector & Industry
Stock P/E11.7
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-22.2%
vs Industry-9.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.41M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOScott A. Everson
Employees115
CountryUS
IPO Date1993-03-02

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UBCP earnings history · UBCP institutional & insider holders · UBCP KPIs & operating metrics · UBCP financials · UBCP investor presentations & press releases · UBCP SEC filings · UBCP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.