United Sec Bancshares Calif Financials

UBFO

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows United Sec Bancshares Calif (UBFO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 43/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

United Sec Bancshares Calif's revenue grew a modest 0.0% year-over-year to $2.9M. This slow but positive growth earns a score of 29/100.

Leverage

United Sec Bancshares Calif has elevated debt relative to equity (D/E of 8.29), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

United Sec Bancshares Calif converts 637.3% of revenue into free cash flow ($18.6M). This strong cash generation earns a score of 100/100.

Returns

United Sec Bancshares Calif's ROE of 11.3% shows moderate profitability relative to equity, earning a score of 45/100. This is down from 16.2% the prior year.

Piotroski F-Score Weak

3/9

United Sec Bancshares Calif passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.33x

For every $1 of reported earnings, United Sec Bancshares Calif generates $1.33 in operating cash flow ($19.6M OCF vs $14.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$2.9M

YoY+0.0%

5Y CAGR-2.2%

10Y CAGR-19.3%

United Sec Bancshares Calif generated $2.9M in revenue in fiscal year 2024. This represents an increase of 0.0% from the prior year.

EBITDA

N/A

Free Cash Flow

$18.6M

YoY-9.7%

5Y CAGR+4.1%

10Y CAGR+8.5%

United Sec Bancshares Calif generated $18.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 9.7% from the prior year.

Net Income

$14.8M

YoY-25.3%

5Y CAGR-0.5%

10Y CAGR+9.0%

United Sec Bancshares Calif reported $14.8M in net income in fiscal year 2024. This represents a decrease of 25.3% from the prior year.

EPS (Diluted)

$0.86

YoY-25.9%

5Y CAGR-0.7%

10Y CAGR+8.8%

United Sec Bancshares Calif earned $0.86 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 25.9% from the prior year.

Cash & Debt

$56.2M

YoY+37.8%

5Y CAGR-23.8%

10Y CAGR-5.9%

United Sec Bancshares Calif held $56.2M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.12

YoY+0.0%

5Y CAGR-18.3%

United Sec Bancshares Calif paid $0.12 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

17M

YoY+1.1%

5Y CAGR+0.5%

10Y CAGR+1.2%

United Sec Bancshares Calif had 17M shares outstanding in fiscal year 2024. This represents an increase of 1.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

506.6%

YoY-171.8pp

5Y CAGR+40.8pp

10Y CAGR+481.7pp

United Sec Bancshares Calif's net profit margin was 506.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 171.8 percentage points from the prior year.

Return on Equity

11.3%

YoY-4.8pp

5Y CAGR-1.7pp

10Y CAGR+3.8pp

United Sec Bancshares Calif's ROE was 11.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$1.0M

YoY+32.0%

5Y CAGR+1.7%

10Y CAGR+3.1%

United Sec Bancshares Calif invested $1.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 32.0% from the prior year.

UBFO Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$2.9M0.0%	$2.9M-3.6%	$3.0M+8.4%	$2.8M+4.9%	$2.7M-18.2%	$3.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$13.9M+25.7%	$11.1M+246.0%	$3.2M+53.7%	$2.1M-9.2%	$2.3M-41.1%	$3.9M
Income Tax	$5.5M-27.9%	$7.7M+20.5%	$6.4M+98.2%	$3.2M-6.8%	$3.5M-43.4%	$6.1M
Net Income	$14.8M-25.3%	$19.8M+26.2%	$15.7M+55.3%	$10.1M+12.7%	$9.0M-40.9%	$15.2M
EPS (Diluted)	$0.86-25.9%	$1.16+26.1%	$0.92+55.9%	$0.59+11.3%	$0.53-40.4%	$0.89

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$847K+16.7%	$726K+13.8%	$638K-17.7%	$775K+7.9%	$718K+1.7%	$706K-3.4%	$731K+6.6%	$686K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$3.2M+2.1%	$3.1M+5.2%	$3.0M-10.6%	$3.3M-3.1%	$3.5M+9.0%	$3.2M-8.3%	$3.5M+1.4%	$3.4M
Income Tax	$1.6M+90.9%	$855K-20.1%	$1.1M+36.1%	$786K-55.1%	$1.8M+3.2%	$1.7M-5.9%	$1.8M+15.7%	$1.6M
Net Income	$4.0M+85.5%	$2.2M-19.1%	$2.7M+7.5%	$2.5M-41.9%	$4.3M+3.3%	$4.2M-23.0%	$5.4M+40.2%	$3.9M
EPS (Diluted)	$0.23+76.9%	$0.13-18.8%	$0.16+6.7%	$0.15-40.0%	$0.25+4.2%	$0.24-25.0%	$0.32+45.5%	$0.22

UBFO Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.2B+0.1%	$1.2B-6.8%	$1.3B-2.4%	$1.3B+21.8%	$1.1B+14.2%	$956.9M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$56.2M+37.8%	$40.8M+5.7%	$38.6M-82.4%	$219.2M-25.5%	$294.1M+34.3%	$219.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M
Total Liabilities	$1.1B-0.7%	$1.1B-8.3%	$1.2B-2.0%	$1.2B+24.2%	$974.8M+15.9%	$840.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$130.4M+6.4%	$122.5M+9.0%	$112.5M-6.4%	$120.2M+2.0%	$117.8M+1.6%	$116.0M
Retained Earnings	$83.4M+8.4%	$77.0M+10.1%	$69.9M+13.3%	$61.7M+4.4%	$59.1M+2.6%	$57.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.2B+1.8%	$1.2B+1.9%	$1.2B-1.6%	$1.2B0.0%	$1.2B0.0%	$1.2B+0.1%	$1.2B-4.9%	$1.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$66.8M+36.0%	$49.1M+29.5%	$37.9M-32.6%	$56.2M+45.0%	$38.8M-9.9%	$43.0M+5.4%	$40.8M+15.5%	$35.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M0.0%	$4.5M
Total Liabilities	$1.1B+1.7%	$1.1B+2.0%	$1.1B-2.1%	$1.1B-1.0%	$1.1B+0.9%	$1.1B-0.6%	$1.1B-6.0%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$137.4M+2.3%	$134.3M+1.0%	$132.9M+1.9%	$130.4M+2.4%	$127.3M+2.5%	$124.2M+1.3%	$122.5M+6.5%	$115.0M
Retained Earnings	$86.0M+2.3%	$84.1M+0.1%	$84.0M+0.7%	$83.4M+2.7%	$81.3M+2.8%	$79.1M+2.7%	$77.0M+4.5%	$73.7M

UBFO Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$19.6M-8.1%	$21.4M-9.8%	$23.7M+43.2%	$16.6M+19.9%	$13.8M-14.6%	$16.2M
Capital Expenditures	$1.0M+32.0%	$787K-63.2%	$2.1M+70.8%	$1.3M+9.8%	$1.1M+19.4%	$956K
Free Cash Flow	$18.6M-9.7%	$20.6M-4.5%	$21.6M+40.9%	$15.3M+20.8%	$12.7M-16.7%	$15.2M
Investing Cash Flow	$13.0M-85.2%	$87.6M+150.3%	-$174.2M+45.4%	-$319.4M-387.2%	-$65.5M-188.0%	-$22.8M
Financing Cash Flow	-$17.2M+83.9%	-$106.8M-254.8%	-$30.1M-113.2%	$228.0M+79.8%	$126.8M+2310.6%	$5.3M
Dividends Paid	$8.3M+5.6%	$7.9M+5.0%	$7.5M+0.1%	$7.5M+0.3%	$7.5M+0.1%	$7.5M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$7.0M-19.9%	$8.7M+188.3%	$3.0M-33.1%	$4.5M+95.9%	$2.3M-69.1%	$7.4M+10.9%	$6.7M+324.4%	-$3.0M
Capital Expenditures	$836K+43.4%	$583K+381.8%	$121K-38.3%	$196K-31.2%	$285K-37.4%	$455K+79.8%	$253K+12.9%	$224K
Free Cash Flow	$6.1M-24.5%	$8.1M+180.3%	$2.9M-32.9%	$4.3M+113.8%	$2.0M-71.1%	$7.0M+8.3%	$6.5M+300.9%	-$3.2M
Investing Cash Flow	-$4.4M+73.7%	-$16.9M-505.2%	$4.2M-91.2%	$47.2M+412.1%	-$15.1M-445.1%	$4.4M-93.1%	$63.8M+19146.6%	-$335K
Financing Cash Flow	$15.1M-21.8%	$19.3M+175.9%	-$25.5M+41.3%	-$43.5M-606.3%	$8.6M+189.3%	-$9.6M+85.2%	-$65.0M-228.8%	-$19.8M
Dividends Paid	$2.1M-0.6%	$2.1M+1.2%	$2.1M+1.2%	$2.1M-1.8%	$2.1M+1.3%	$2.1M+10.3%	$1.9M-16.1%	$2.2M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

UBFO Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	506.6%-171.8pp	678.4%+160.2pp	518.2%+156.7pp	361.6%+25.0pp	336.5%-129.3pp	465.8%
Return on Equity	11.3%-4.8pp	16.2%+2.2pp	14.0%+5.6pp	8.4%+0.8pp	7.6%-5.5pp	13.1%
Return on Assets	1.2%-0.4pp	1.6%+0.4pp	1.2%+0.4pp	0.8%-0.1pp	0.8%-0.8pp	1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.29-0.6	8.88-1.7	10.55+0.5	10.07+1.8	8.27+1.0	7.25
FCF Margin	637.3%-68.3pp	705.6%-6.7pp	712.3%+164.6pp	547.7%+72.3pp	475.4%+8.6pp	466.8%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	475.0%+176.2pp	298.8%-121.6pp	420.4%+98.3pp	322.1%-276.4pp	598.5%+9.1pp	589.4%-149.5pp	738.8%+177.2pp	561.7%
Return on Equity	2.9%+1.3pp	1.6%-0.4pp	2.0%+0.1pp	1.9%-1.5pp	3.4%+0.0pp	3.4%-1.1pp	4.4%+1.1pp	3.4%
Return on Assets	0.3%+0.1pp	0.2%-0.1pp	0.2%+0.0pp	0.2%-0.1pp	0.4%+0.0pp	0.3%-0.1pp	0.4%+0.1pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.99-0.0	8.04+0.1	7.97-0.3	8.29-0.3	8.58-0.1	8.71-0.2	8.88-1.2	10.07
FCF Margin	723.9%-394.5pp	1118.3%+664.2pp	454.1%-102.9pp	557.0%+275.8pp	281.2%-709.3pp	990.5%+106.8pp	883.7%+1352.4pp	-468.7%

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Frequently Asked Questions

What is United Sec Bancshares Calif's annual revenue?

United Sec Bancshares Calif (UBFO) reported $2.9M in total revenue for fiscal year 2024. This represents a 0.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is United Sec Bancshares Calif's revenue growing?

United Sec Bancshares Calif (UBFO) revenue grew by 0% year-over-year, from $2.9M to $2.9M in fiscal year 2024.

Is United Sec Bancshares Calif profitable?

Yes, United Sec Bancshares Calif (UBFO) reported a net income of $14.8M in fiscal year 2024, with a net profit margin of 506.6%.

What is United Sec Bancshares Calif's earnings per share (EPS)?

United Sec Bancshares Calif (UBFO) reported diluted earnings per share of $0.86 for fiscal year 2024. This represents a -25.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is United Sec Bancshares Calif's net profit margin?

United Sec Bancshares Calif (UBFO) had a net profit margin of 506.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does United Sec Bancshares Calif pay dividends?

Yes, United Sec Bancshares Calif (UBFO) paid $0.12 per share in dividends during fiscal year 2024.

What is United Sec Bancshares Calif's return on equity (ROE)?

United Sec Bancshares Calif (UBFO) has a return on equity of 11.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is United Sec Bancshares Calif's free cash flow?

United Sec Bancshares Calif (UBFO) generated $18.6M in free cash flow during fiscal year 2024. This represents a -9.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is United Sec Bancshares Calif's operating cash flow?

United Sec Bancshares Calif (UBFO) generated $19.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are United Sec Bancshares Calif's total assets?

United Sec Bancshares Calif (UBFO) had $1.2B in total assets as of fiscal year 2024, including both current and long-term assets.

What are United Sec Bancshares Calif's capital expenditures?

United Sec Bancshares Calif (UBFO) invested $1.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does United Sec Bancshares Calif have outstanding?

United Sec Bancshares Calif (UBFO) had 17M shares outstanding as of fiscal year 2024.

What is United Sec Bancshares Calif's debt-to-equity ratio?

United Sec Bancshares Calif (UBFO) had a debt-to-equity ratio of 8.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is United Sec Bancshares Calif's return on assets (ROA)?

United Sec Bancshares Calif (UBFO) had a return on assets of 1.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is United Sec Bancshares Calif's Piotroski F-Score?

United Sec Bancshares Calif (UBFO) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are United Sec Bancshares Calif's earnings high quality?

United Sec Bancshares Calif (UBFO) has an earnings quality ratio of 1.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is United Sec Bancshares Calif?

United Sec Bancshares Calif (UBFO) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.