United Security Bancshares (UBFO)

UBFO Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	53.43	46.1	36.93	34.68	43.13
Revenue Growth (YoY)	15.91%	24.83%	6.48%	-19.58%	7.07%
Gross Profit	53.43	46.1	36.93	34.68	43.13
Selling, General & Admin	22.48	20.5	19.77	18.5	19.16
Other Operating Expenses	3.47	3.54	3.84	3.77	2.7
Operating Expenses	25.95	24.04	23.62	22.27	21.86
Operating Income	27.48	22.06	13.31	12.41	21.27
Pretax Income	27.48	22.06	13.31	12.41	21.27
Income Tax	7.68	6.37	3.22	3.45	6.1
Net Income	19.8	15.69	10.1	8.96	15.17
Net Income Growth	26.20%	55.34%	12.69%	-40.94%	8.24%
Shares Outstanding (Basic)	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17
Shares Change	0.37%	0.18%	0.19%	0.08%	0.27%
EPS (Basic)	1.16	0.92	0.59	0.53	0.90
EPS (Diluted)	1.16	0.92	0.59	0.53	0.89
EPS Growth	26.09%	55.93%	11.32%	-40.45%	7.23%
Free Cash Flow	20.59	21.56	15.31	12.66	15.22
Free Cash Flow Per Share	1.20	1.26	0.90	0.75	0.90
Dividend Per Share	0.460	0.330	0.440	0.440	0.550
Dividend Growth	39.39%	-25.00%	0%	-20.00%	57.14%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	51.42%	47.85%	36.05%	35.79%	49.32%
Profit Margin	37.05%	34.03%	27.34%	25.84%	35.18%
Free Cash Flow Margin	38.53%	46.77%	41.46%	36.50%	35.28%
Effective Tax Rate	27.95%	28.89%	24.16%	27.80%	28.67%
EBITDA	29.58	23.99	14.46	13.22	21.93
EBITDA Margin	55.36%	52.04%	39.16%	38.13%	50.85%
Depreciation & Amortization	2.11	1.93	1.15	0.81	0.66
EBIT	27.48	22.06	13.31	12.41	21.27
EBIT Margin	51.42%	47.85%	36.05%	35.79%	49.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).