United Security Bancshares (UBFO)
Market Cap | 164.22M |
Revenue (ttm) | 51.96M |
Net Income (ttm) | 17.69M |
Shares Out | 17.32M |
EPS (ttm) | 1.03 |
PE Ratio | 9.20 |
Forward PE | n/a |
Dividend | $0.48 (5.06%) |
Ex-Dividend Date | Oct 7, 2024 |
Volume | 23,237 |
Open | 9.42 |
Previous Close | 9.45 |
Day's Range | 9.25 - 9.50 |
52-Week Range | 7.02 - 9.69 |
Beta | 0.56 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 18, 2024 |
About UBFO
United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit. It also provides real estate mortgage, commercial and industrial, real estate c... [Read more]
Financial Performance
In 2023, UBFO's revenue was $53.43 million, an increase of 15.91% compared to the previous year's $46.10 million. Earnings were $19.80 million, an increase of 26.20%.
Financial StatementsNews
United Security Bancshares Reports Third Quarter 2024 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported operating results today for the quarter and f...
United Security Bancshares Declares Quarterly Cash Dividend
FRESNO, Calif.--(BUSINESS WIRE)--On September 24, 2024, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), de...
United Security Bancshares Reports Second Quarter 2024 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and f...
United Security Bancshares Reports First Quarter 2024 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended...
United Security Bancshares Reports Fourth Quarter and Year-To-Date 2023 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and y...
United Security Bancshares Reports Third Quarter and Year-To-Date 2023 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and n...
United Security Bancshares Appoints New Member to Board of Directors
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), announced today the appoi...
United Security Bancshares Reports Second Quarter 2023 Earnings
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and s...
United Security Bancshares Increases Quarterly Cash Dividend
FRESNO, Calif.--(BUSINESS WIRE)--On June 27, 2023, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declare...
United Security Bancshares: A 6.6% Yield From California Community Bank
United Security Bancshares has maintained its quarterly dividend payouts despite the regional banking crisis and challenging operating conditions. The bank's net income surged in the first quarter, dr...
United Security Bancshares Reports First Quarter 2023 Net Income of $6.1 Million
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended...
United Security Bancshares Undervalued As Higher Profitability Goes Unnoticed
UBFO trades at a discounted valuation of 6.4x 2023 P/E and 1.2x P/TBV. The discount is unwarranted, given UBFO generates industry-leading ROE, 19.8% ROTE and 1.64% ROA.
United Security Bancshares Reports 2022 Net Income of $15.7 Million
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and...
United Security Bancshares Reports 3rd Quarter 2022 Financial Results
FRESNO, Calif.
United Security Bancshares Reports 2nd Quarter 2022 Financial Results
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the six months ended June 30, 2022. The Company recognized net income of ...
United Security Bancshares Reports 1st Quarter 2022 Financial Results
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the quarter ended March 31, 2022. The Company recognized net income of $2...
United Security Bancshares Reports 2021 Net Income of $10.1 Million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the quarter and year ended December 31, 2021. The Company recognized net ...
United Security Bancshares Reports 3rd Quarter Net Income of $2.6 Million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the three and nine months ended September 30, 2021. The Company recognize...
United Security Bancshares Appoints Two New Members to Board of Directors
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), announced today the appoin...
United Security Bancshares Reports 2nd Quarter Net Income of $2.7 Million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the three and six months ended June 30, 2021. The Company recognized net ...
United Security Bancshares reports 1st quarter net income of $1.4 million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the quarter ended March 31, 2021. The Company recognized net income of $1...
United Security Bancshares reports 2020 net income of $9.0 million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the year ended December 31, 2020. The Company recognized net income of $8...
United Security Bancshares Reports 3rd Quarter Net Income of $2.3 Million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the nine months ended September 30, 2020. The Company recognized net inco...
United Security Bancshares Reports 2nd Quarter Net Income of $2.0 Million
FRESNO, Calif.--(BUSINESS WIRE)--United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the six months ended June 30, 2020. The Company recognized net income of ...
Earnings Of United Security Bancshares Set To Decline
We anticipate earnings to decline in 2020 because of our expectation of shrinkage in loan portfolio, which in turn is attributable to our bleak outlook on the agricultural sector.