---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-011078"
form_type: "8-K"
ticker: "UBCP"
cik: "0000731653"
company_name: "UNITED BANCORP INC /OH/"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:42:42.158370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# UBCP Q4 2023 EPS $0.42, up 5% YoY; full-year EPS $1.57, up 4.7%

## Summary
- Q4 net income $2.389M ($0.42 EPS) vs $2.306M ($0.40) in Q4 2022, increases of 3.6% and 5.0%.
- FY2023 net income $8.950M ($1.57 EPS) vs $8.657M ($1.50) in 2022, up 3.4% and 4.7%.
- Net interest income rose $1.447M (5.9%) for the year; net interest margin 3.65%, down 2 bps YoY but up 2 bps linked quarter.
- Total loans $483.2M at Dec 31, up $22.4M (4.9%) from Q3 end; nonaccrual & past due 30+ days were $1.15M (0.24%).
- Regular quarterly dividend increased to $0.17 (up 6.3% YoY); total 2023 dividends $0.8150/share including $0.15 special; yield 6.4%.

## SEC filing metadata
- accession: 0001104659-24-011078
- form_type: 8-K
- ticker: UBCP
- cik: 0000731653
- company_name: UNITED BANCORP INC /OH/
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/0001104659-24-011078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/tm245365-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-011078
- JSON: https://secwatch.observer/filing/0001104659-24-011078.json
- Plain text: https://secwatch.observer/filing/0001104659-24-011078.txt

## Key facts
- Earnings Releases
  UNITED BANCORP INC /OH/ reported the three months ended December 31, 2023 results: net income $2,389,000, EPS $0.42.
  - Period: the three months ended December 31, 2023
  - Net income: $2,389,000
  - EPS: $0.42
  - Result: reported results
  source text: United Bancorp, Inc. (NASDAQ: UBCP) reported diluted earnings per share of $0.42 for the three months ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/0001104659-24-011078-index.htm
- Earnings Releases
  UNITED BANCORP INC /OH/ reported the year ended December 31, 2023 results: net income $8,950,000, EPS $1.57.
  - Period: the year ended December 31, 2023
  - Net income: $8,950,000
  - EPS: $1.57
  - Result: reported results
  source text: For the year ending December 31, 2023, UBCP reported diluted earnings per share of $1.57
  evidence_url: https://www.sec.gov/Archives/edgar/data/731653/000110465924011078/0001104659-24-011078-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.