United Bancshares (UBOH) Stock Surges on OTC Market Amid Earnings Report

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United Bancshares Inc (UBOH, Financial), trading on the OTC market, experienced a notable stock price increase of 6.83%. The stock reached $21.90 per share with a trading volume of 310 shares and a turnover rate of 0.01%. Despite this movement, the stock exhibited no price amplitude.

The company's recent financial report showed revenues of $16.44 million and a net profit of $2.47 million, translating to earnings per share of $0.83. The price-to-earnings (P/E) ratio stands at 8.30. Currently, no institutional ratings or recommendations such as "buy," "hold," or "sell" are available for this stock.

Within the banking industry, where UBOH operates, there was an overall decline of 0.71%. However, similar stocks such as Patriot National Bancorp, United Bankshares, and HDFC Bank showed significant gains. Other active stocks included Saunders Spring Bank, Atlantic Union Bankshares Corporation, and Stock Yards Bancorp, Inc., with turnover rates of 7.31%, 5.05%, and 4.50%, respectively. Home Bank, Sierra Bancorp, and Patriot National Bancorp had high amplitudes of 12.00%, 9.55%, and 9.21%, respectively.

United Bancshares Inc is a bank holding company offering a wide array of commercial and retail banking services. These services include checking and savings accounts, money market accounts, online banking, wealth management, and funds management services. Their offerings also cover commercial, consumer, agricultural, residential mortgage, and home equity loans, along with certificates of deposit, safe deposit box rentals, and other personalized banking services.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.