United Bancshares Q2 FY26 net income falls to $1.7 million; net interest margin widens 0.29 percentage point to 4%
UBOH•Dividend raised 13%
United Bancshares declared a quarterly cash dividend of $0.26 a share, up 13%, for holders of record Aug. 31, payable Sept. 15.
Q2 profit falls as net interest margin widens
United Bancshares posted Q2 2026 net income of $1.7 million, or $0.61 a share, versus $3.13 million, or $1.05, a year earlier.
Net interest margin widened to 4% from 3.71% in Q2 2025, lifting net interest income to $11.99 million from $9.9 million.
Non-interest income swings to loss after securities sale
Non-interest income swung to a loss of $2.12 million from income of $1.8 million on a $3.8 million pre-tax securities sale loss.
The company issued $30 million of subordinated debt, then leveraged it into about of added investment securities to boost marginal income.
