United Bancorp, Inc. Financial Ratios — UBCP Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	13.91	10.06	10.68	10.43	12.24	12.97	12.53	14.53	21.24	21.97	22.93	18.84	18.25	14.43	14.45
Return on Assets (%)	0.74	0.56	0.63	0.67	0.8	0.85	0.79	0.81	1.06	1.15	1.33	1.17	1.14	0.9	0.93
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	2.87	3.28	3.49	4.18	4.35	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	5.94	23.18	22.49	26.51	31.67	32.33	4.78	4.67	4.8	4.38	4.65	4.08	3.84	4.2	4.15
Operating Margin (%)	- -	16.79	16.32	20.3	25.91	27.84	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	-540.23	-199.19	3.68	-103.95	-5,178.95	63.84	-639.41	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	20.75	16.79	16.32	20.3	25.91	27.84	28.91	23.34	29.88	28.79	38.4	33.49	31.75	24.93	23.61
Profit Margin (%)	16.25	13.67	14.36	15.06	18.33	19.32	18.34	19.66	27.46	26.68	33.97	30.41	29.94	25.3	23.87
Net Income to Common Margin (%)	16.25	13.67	14.36	15.06	18.33	19.15	18.34	19.66	27.46	26.68	33.97	30.41	29.94	25.3	23.87
Effective Tax Rate (%)	21.65	18.55	11.99	25.83	29.27	30.62	36.57	15.74	8.08	7.33	11.52	9.22	5.7	- -	- -
Dvd Payout Ratio (%)	96.67	93.95	59.57	66.88	70.07	70.7	78.09	75.22	47.37	42.26	43.39	52.66	53.51	69.08	70.73
Sustainable Growth Rate (%)	0.46	0.61	4.32	3.45	3.66	3.8	2.75	3.6	11.18	12.68	12.98	8.92	8.49	4.46	4.23

Credit (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	47	47	37	36	36	44	14	4	63	24	24	24	102	102	102
ST Debt	10	11	6	5	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	37	36	31	31	31	44	14	4	63	24	24	24	102	102	102
Total Debt/EBITDA	41.56	11.59	9.01	7.7	6.52	7.34	15.31	4.16	53.23	18.06	18.3	20.4	88.54	82.77	75.57
Net Debt/EBITDA	27.67	-6.89	3.27	-0.69	4.24	5.41	-0.18	-20.69	40.64	-21.41	-45.89	-5.46	50.58	64.47	38.86
Total Debt/EBIT	- -	16.01	12.42	10.06	7.97	8.52	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	-9.51	4.51	-0.9	5.19	6.29	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	5.72	5.46	6.42	6.44	6.62	6.37	6.25	5.1	4.94	5.56	6.06	6.34	6.11	6.43	6.39
Long-Term Debt/Equity (%)	102.13	99.49	80.05	76.36	73.87	103.14	32.23	8.35	105.71	34.55	33.01	39.72	159.69	160.3	144.46
Long-Term Debt/Capital (%)	52.28	51.29	50.32	49.9	48.52	61.18	33.02	12.27	65.16	37.98	35.03	33.08	66.97	65.95	65.03
Long-Term Debt/Total Assets (%)	8.89	8.31	8	7.68	7.57	10.04	3.08	0.71	9.24	3.4	3.27	3.13	12.39	12.46	11.88
Total Debt/Equity (%)	129.67	128.65	94.83	88.98	87.59	103.14	32.23	8.35	105.71	34.55	33.01	39.72	159.69	160.3	144.46
Total Debt/Capital (%)	66.38	66.33	59.61	58.15	57.53	61.18	33.02	12.27	65.16	37.98	35.03	33.08	66.97	65.95	65.03
Total Debt/Total Assets (%)	11.29	10.75	9.47	8.94	8.97	10.04	3.08	0.71	9.24	3.4	3.27	3.13	12.39	12.46	11.88
Net Debt to Equity	86.34	-76.42	34.44	-7.98	56.98	76.07	-0.39	-41.51	80.7	-40.96	-82.75	-10.64	91.23	124.87	74.28
Net Debt/Capital (%)	56.8	687.83	34.9	-14.24	46.85	53.75	-0.59	-227.89	58.81	-265.16	384.46	-15.26	52.33	58.86	47.56
EBITDA	1	4	4	5	6	6	1	1	1	1	1	1	1	1	1
EBITDA-CapEx	- -	3	3	4	4	4	- -	- -	- -	-1	1	1	- -	-8	-10
Operating Income (Loss)	- -	3	3	4	5	5	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	5.72	5.46	6.42	6.44	6.62	6.37	6.25	5.1	4.94	5.56	6.06	6.34	6.11	6.43	6.39
Long-Term Debt/Equity (%)	102.13	99.49	80.05	76.36	73.87	103.14	32.23	8.35	105.71	34.55	33.01	39.72	159.69	160.3	144.46
Long-Term Debt/Capital (%)	52.28	51.29	50.32	49.9	48.52	61.18	33.02	12.27	65.16	37.98	35.03	33.08	66.97	65.95	65.03
Long-Term Debt/Total Assets (%)	8.89	8.31	8	7.68	7.57	10.04	3.08	0.71	9.24	3.4	3.27	3.13	12.39	12.46	11.88
Total Debt/Equity (%)	129.67	128.65	94.83	88.98	87.59	103.14	32.23	8.35	105.71	34.55	33.01	39.72	159.69	160.3	144.46
Total Debt/Capital (%)	66.38	66.33	59.61	58.15	57.53	61.18	33.02	12.27	65.16	37.98	35.03	33.08	66.97	65.95	65.03
Total Debt/Total Assets (%)	11.29	10.75	9.47	8.94	8.97	10.04	3.08	0.71	9.24	3.4	3.27	3.13	12.39	12.46	11.88
CFO/Total Liabilities	1.64	1.39	2.05	1.16	1.18	1.06	1.1	1.06	1.38	1.5	1.25	1.22	1.25	1.12	1.33
CFO/CapEx	4.19	3.67	5.44	13.53	3.26	1.85	5.84	7.33	6.45	3.72	10.54	16.6	8.75	0.87	0.89
Altman's Z-Score	0.17	0.17	0.21	0.21	0.23	0.25	0.21	0.16	0.17	0.18	0.2	0.18	0.17	0.17	0.18

Working Capital (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	13.34	14.11	17.34	19.03	21.56	22.56	21.1	15.6	11.03	10.65	10.61	9.91	7.97	6.95	7.82
Days Sales Outstanding	27.36	25.87	21.05	19.18	16.93	16.18	17.3	23.39	33.08	34.27	34.42	36.84	45.8	52.52	46.66
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	40	30	39	39	47	66	66	57	79	72	91	81	70	72	79
- Cash & Cash Equivalents	16	75	23	39	13	12	14	25	15	52	83	30	41	20	47
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	47	47	37	36	36	44	14	4	63	24	24	24	102	102	102
Enterprise Value	-11	-33	25	17	36	59	21	-88	-61	-114	-114	-143	-39	35	19
Total Capital	71	71	62	62	63	72	43	34	97	62	68	72	152	154	157
Total Debt/Capital (%)	66.38	66.33	59.61	58.15	57.53	61.18	33.02	12.27	65.16	37.98	35.03	33.08	66.97	65.95	65.03
Total Debt / EV	-4.45	-1.43	1.45	2.17	1.02	0.75	0.68	-0.05	-1.03	-0.21	-0.21	-0.17	-2.63	2.91	5.27
EV/Sales	- -	- -	1.4	0.94	2.02	3.18	1.08	- -	- -	- -	- -	- -	- -	1.19	0.6
EV/EBITDA	- -	- -	6.22	3.54	6.39	9.84	22.6	- -	- -	- -	- -	- -	- -	28.39	14.35
EV/EBIT	- -	- -	8.57	4.63	7.81	11.42	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	3.55	3.95	8.33	14.11	4.57	- -	- -	- -	- -	- -	- -	4.13	1.85
EV/Free Cash Flow to Firm	- -	- -	3	3.68	6.37	9.16	3.9	- -	- -	- -	- -	- -	- -	1.92	0.87
Diluted Market Cap	41	30	39	40	47	68	66	57	79	72	91	81	70	72	79
Diluted Enterprise Value	72	2	53	37	71	100	66	36	127	44	32	74	131	154	134
EV per Share	- -	- -	5.29	3.41	7.33	12.01	4.19	- -	- -	- -	- -	- -	- -	6.3	3.52
TTM Sales	19	18	18	18	18	19	19	22	25	30	28	28	30	29	32
TTM EBITDA	1	4	4	5	6	6	1	1	1	1	1	1	1	1	1
TTM Operating Income	- -	3	3	4	5	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	6	6	7	4	4	4	5	6	9	9	8	8	9	8	10
TTM Free Cash Flow to Firm	8	7	8	4	6	6	5	7	10	12	9	9	11	18	22

Multiples (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.25	4.26	4.61	8.85	8.47	10.53	12.34	8.66	7.94	6.07	10.17	8.98	6.69	3.97	3.54
EV/EBIT	- -	- -	8.57	4.63	7.81	11.42	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-11	-33	25	17	36	59	21	-88	-61	-114	-114	-143	-39	35	19
Low Price	7.53	5.88	5.8	7.43	7.63	8.72	10.2	10.25	10.25	7.64	12.71	14.35	9.7	11.4	12.25
EV/Sales	- -	- -	1.4	0.94	2.02	3.18	1.08	- -	- -	- -	- -	- -	- -	1.19	0.6
EV/EBITDA	- -	- -	6.22	3.54	6.39	9.84	22.6	- -	- -	- -	- -	- -	- -	28.39	14.35
Price/Earnings	13.01	12.48	14.78	14.75	14.45	18.67	18.62	13.22	11.6	9.08	9.66	9.32	7.88	9.73	10.17
Price/Earnings Average	13.1	16.45	12.9	14.88	12.69	14.06	17.23	14.93	9.36	8.19	8.48	10.3	7.6	9.44	9.55
Price/Earnings High	14	20.44	16.4	17.31	16.42	21.09	19.28	16.19	12.63	10.25	9.91	13.19	9.82	11.6	11.08
Price/Earnings Low	11.58	11.72	10.68	13.58	11.49	12.06	14.33	11.85	8.32	5.26	7.37	9.09	5.95	8.53	8.68
Price/Book Value	1.69	1.25	1.55	1.51	1.74	2.37	2.3	1.87	2.33	1.87	2.08	1.68	1.41	1.37	1.44
Price/Book Value Average	1.7	1.65	1.35	1.53	1.53	1.79	2.13	2.11	1.88	1.69	1.82	1.86	1.36	1.33	1.35
Price/Book Value High	1.82	2.05	1.72	1.77	1.97	2.68	2.38	2.29	2.54	2.12	2.13	2.38	1.75	1.64	1.57
Price/Book Value Low	1.51	1.18	1.12	1.39	1.38	1.53	1.77	1.68	1.67	1.09	1.59	1.64	1.06	1.2	1.23
Price/Tangible Book Value	1.12	0.82	1	0.97	1.12	1.55	1.5	1.16	1.35	1.08	1.3	1.38	1.13	1.15	1.13
Price/Tangible Book Value Average	1.13	1.09	0.87	0.98	0.99	1.17	1.39	1.31	1.09	0.97	1.14	1.52	1.09	1.12	1.06
Price/Tangible Book Value High	1.21	1.35	1.11	1.14	1.28	1.76	1.56	1.42	1.47	1.22	1.33	1.95	1.4	1.37	1.23
Price/Tangible Book Value Low	1	0.77	0.72	0.89	0.89	1	1.16	1.04	0.97	0.63	0.99	1.34	0.85	1.01	0.96
Price/Sales	2.12	1.71	2.12	2.22	2.65	3.58	3.41	2.6	3.19	2.42	3.28	2.83	2.36	2.46	2.43
Price/Sales Average	2.13	2.25	1.85	2.24	2.33	2.69	3.16	2.94	2.57	2.19	2.88	3.13	2.28	2.39	2.28
Price/Sales High	2.28	2.79	2.36	2.61	3.01	4.04	3.53	3.18	3.47	2.74	3.37	4.01	2.94	2.93	2.64
Price/Sales Low	1.88	1.6	1.53	2.04	2.11	2.31	2.63	2.33	2.28	1.4	2.5	2.76	1.78	2.16	2.07
Price/Cash Flow	6.45	5.35	5.39	9.35	10.89	15.86	14.45	9.84	9.17	7.7	11.14	9.52	7.45	8.52	7.54
Price/Cash Flow Average	6.49	7.05	4.7	9.43	9.57	11.95	13.38	11.11	7.4	6.95	9.78	10.51	7.19	8.27	7.08
Price/Cash Flow High	6.94	8.75	5.98	10.97	12.38	17.92	14.97	12.05	9.98	8.7	11.43	13.47	9.28	10.16	8.22
Price/Cash Flow Low	5.74	5.02	3.89	8.61	8.67	10.25	11.13	8.82	6.57	4.47	8.5	9.28	5.63	7.48	6.43
Price/Free Cash Flow Average	5.29	5.61	4.02	8.92	7.44	7.93	11.42	9.78	6.41	5.48	8.93	9.92	6.45	3.85	3.33
Price/Free Cash Flow High	5.65	6.97	5.11	10.38	9.63	11.89	12.78	10.6	8.64	6.86	10.44	12.7	8.33	4.73	3.86
Price/Free Cash Flow Low	4.67	4	3.33	8.15	6.74	6.8	9.5	7.76	5.69	3.52	7.76	8.75	5.05	3.48	3.03
EV/Sales Average	3.77	0.65	2.59	2.06	3.67	4.44	3.15	1.97	4.52	1.25	0.75	2.91	4.31	5.19	3.98
EV/Sales High	3.92	1.2	3.09	2.42	4.35	5.79	3.53	2.22	5.42	1.8	1.23	3.79	4.97	5.74	4.35
EV/Sales Low	3.53	0.01	2.27	1.86	3.45	4.06	2.62	1.37	4.23	0.46	0.37	2.54	3.82	4.96	3.78
EV/EBITDA Average	63.53	2.82	11.5	7.76	11.59	13.74	65.94	42.24	94.22	28.44	16.06	71.21	112.3	123.66	95.96
EV/EBITDA High	65.99	5.17	13.74	9.14	13.75	17.91	73.79	47.55	112.89	40.99	26.55	92.75	129.58	136.68	104.77
EV/EBITDA Low	59.38	0.03	10.09	7.02	10.9	12.56	54.81	29.27	88.23	10.6	7.95	62.19	99.42	118.2	90.96
EV/EBIT Average	- -	3.89	15.86	10.13	14.17	15.96	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	7.14	18.95	11.94	16.8	20.79	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	0.04	13.91	9.17	13.32	14.58	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	8.46	6.26	8.03	8.07	9.59	13.5	13.25	11.43	14.3	13.18	16.66	14.72	12.84	13	14.35
High Price	9.1	10.25	8.91	9.47	10.9	15.25	13.72	14	15.56	14.89	17.1	20.83	16	15.5	15.64
Enterprise Value Average	72	11	47	36	65	82	61	43	112	37	21	83	129	152	129
Enterprise Value High	75	21	56	43	77	107	68	48	134	54	34	108	149	168	141
Enterprise Value Low	67	- -	41	33	61	75	51	30	105	14	10	72	114	145	123

Shares Outstanding	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6
Diluted Weighted Avg Shares	5	5	5	5	5	5	5	5	6	5	5	5	5	6	5
Basic Weighted Avg Shares	5	5	5	5	5	5	5	5	6	5	5	5	5	6	5
Revenue per Share	4	3.67	3.78	3.63	3.62	3.78	3.88	4.4	4.49	5.44	5.08	5.19	5.44	5.28	5.91
EBITDA per Share	0.24	0.85	0.85	0.96	1.15	1.22	0.19	0.21	0.22	0.24	0.24	0.21	0.21	0.22	0.25
Operating Income per Share	- -	0.62	0.62	0.74	0.94	1.05	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.65	0.5	0.54	0.55	0.66	0.72	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Basic EPS from Cont Ops	0.65	0.5	0.54	0.55	0.66	0.73	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Diluted EPS, GAAP	0.64	0.49	0.54	0.54	0.65	0.71	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Diluted EPS from Cont Ops	0.64	0.49	0.54	0.54	0.65	0.71	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Dividend per Share	0.63	0.47	0.32	0.37	0.47	0.52	0.56	0.65	0.58	0.61	0.75	0.83	0.87	0.92	1
Cash Flow per Share	1.31	1.17	1.49	0.86	0.88	0.85	0.92	1.16	1.56	1.71	1.5	1.55	1.72	1.53	1.9
Free Cash Flow per Basic Share	1	0.85	1.22	0.8	0.61	0.39	0.76	1	1.32	1.25	1.35	1.45	1.53	-0.23	-0.24
Cash & Equivalents per Share	20.54	23	10.41	12.07	9.74	10.45	11.9	30.14	36.88	38.28	41.87	45.17	38.38	25.06	29.38
Book Value per Share	5	5	5.19	5.34	5.52	5.69	5.76	6.11	6.13	7.04	8.02	8.75	9.12	9.48	9.98
Tangible Book Value per Share	7.52	7.6	8.04	8.32	8.54	8.69	8.81	9.88	10.56	12.22	12.86	10.7	11.41	11.31	12.72

United Bancorp, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)