Corrected: United Bancshares Q2 net income drops on one-time securities loss

United Bancshares

22/07/2026 21:10

Corrects metric label to Pretax Income from Pretax Loss in KD table

    

    Overview
  
US regional bank's Q2 net income fell sharply due to one-time securities loss
Net interest margin rose to 4.00% from 3.71% in Q2 2025
Quarterly dividend increased 13% from a year ago

    

    Outlook
  
Company did not provide specific guidance for future quarters or full-year results

    

    Result Drivers
  
SECURITIES LOSS - Sale of investment securities for a one-time pre-tax loss of $3.8 mln negatively affected Q2 results, per management
BALANCE SHEET LEVERAGE - $30 mln subordinated debt issuance used to increase investment securities by $250 mln, generating additional net interest income
LOAN AND DEPOSIT GROWTH - During H1, loan growth of $38.4 mln (9.3% annualized) and core deposit growth of $28.7 mln (5.85% annualized) supported improved net interest margin

    
Company press release: ID:nPn9dptgza

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Net Income
 
$1.67 mln
 
Q2 Dividend
 
$0.26
 
Q2 Net Interest Margin
 
4.00%
 
Q2 Pretax Income
 
$1.61 mln
 

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)