United Bancshares Financials
This page shows United Bancshares (UBOH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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
Based on FY2022 annual data. Scores normalized against common benchmarks. How we calculate these scores
United Bancshares's revenue grew 13.0% year-over-year to $1.2M, a solid pace of expansion. This earns a growth score of 66/100.
United Bancshares has elevated debt relative to equity (D/E of 12.15), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
United Bancshares converts 1071.4% of revenue into free cash flow ($13.2M). This strong cash generation earns a score of 100/100.
United Bancshares's ROE of 13.7% shows moderate profitability relative to equity, earning a score of 55/100. This is up from 11.4% the prior year.
United Bancshares passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, United Bancshares generates $1.48 in operating cash flow ($16.8M OCF vs $11.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
United Bancshares generated $1.2M in revenue in fiscal year 2022. This represents an increase of 13.0% from the prior year.
United Bancshares generated $13.2M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 41.3% from the prior year.
United Bancshares reported $11.3M in net income in fiscal year 2022. This represents a decrease of 16.7% from the prior year.
United Bancshares earned $3.46 per diluted share (EPS) in fiscal year 2022. This represents a decrease of 15.0% from the prior year.
United Bancshares held $30.7M in cash against $0 in long-term debt as of fiscal year 2022.
United Bancshares paid $0.84 per share in dividends in fiscal year 2022. This represents an increase of 15.1% from the prior year.
United Bancshares had 3M shares outstanding in fiscal year 2022. This represents a decrease of 3.8% from the prior year.
United Bancshares's net profit margin was 918.0% in fiscal year 2022, showing the share of revenue converted to profit. This is down 327.9 percentage points from the prior year.
United Bancshares's ROE was 13.7% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is up 2.3 percentage points from the prior year.
United Bancshares spent $2.9M on share buybacks in fiscal year 2022, returning capital to shareholders by reducing shares outstanding. This represents an increase of 681.5% from the prior year.
United Bancshares invested $3.6M in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents a decrease of 9.6% from the prior year.
UBOH Income Statement
| Metric | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $10.1M+9.4% | $9.3M+5.6% | $8.8M | N/A | $10.6M+15.1% | $9.2M-2.6% | $9.5M |
| 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 | $9.5M+1088.3% | $797K+39.6% | $571K+1.4% | $563K-93.6% | $8.7M+1073.3% | $745K-8.4% | $813K-2.6% | $835K |
| Income Tax | N/A | $201K+15.5% | $174K-52.2% | $364K | N/A | $843K+74.2% | $484K-44.6% | $873K |
| Net Income | $3.5M+14.5% | $3.1M+42.2% | $2.2M-13.9% | $2.5M-7.3% | $2.7M-33.6% | $4.1M+54.1% | $2.7M-35.5% | $4.1M |
| EPS (Diluted) | $1.10+17.0% | $0.94+44.6% | $0.65-14.5% | $0.76-6.2% | $0.81-33.6% | $1.22+52.5% | $0.80-35.5% | $1.24 |
UBOH Balance Sheet
| Metric | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1B+2.6% | $1.1B-4.6% | $1.1B+3.9% | $1.1B-0.7% | $1.1B+0.6% | $1.1B+2.0% | $1.0B+2.2% | $1.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $30.7M | N/A | N/A | N/A | $75.2M-37.9% | $121.2M+1.4% | $119.6M+22.1% | $97.9M |
| 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 | $28.6M0.0% | $28.6M0.0% | $28.6M0.0% | $28.6M0.0% | $28.6M0.0% | $28.6M0.0% | $28.6M0.0% | $28.6M |
| Total Liabilities | $1.0B+1.9% | $985.5M-3.7% | $1.0B+5.5% | $970.0M+1.3% | $957.5M+0.4% | $954.1M+2.2% | $933.6M+2.0% | $914.9M |
| 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 | $82.7M+12.0% | $73.8M-15.3% | $87.1M-12.3% | $99.4M-16.6% | $119.1M+2.5% | $116.1M+0.4% | $115.7M+3.3% | $112.1M |
| Retained Earnings | $112.5M+2.6% | $109.6M+2.2% | $107.2M+1.4% | $105.7M+1.8% | $103.9M+2.0% | $101.8M+3.5% | $98.4M+2.2% | $96.3M |
UBOH Cash Flow Statement
| Metric | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.6M+141.1% | $3.1M-59.6% | $7.8M+554.2% | -$1.7M-114.6% | $11.7M+63.8% | $7.2M+76.5% | $4.1M+14.9% | $3.5M |
| Capital Expenditures | $507K+82.4% | $278K-89.8% | $2.7M+4378.7% | $61K-98.3% | $3.7M+16509.1% | $22K-86.0% | $157K+25.6% | $125K |
| Free Cash Flow | $7.1M+146.8% | $2.9M-43.3% | $5.0M+384.6% | -$1.8M-122.0% | $8.1M+13.0% | $7.1M+83.1% | $3.9M+14.5% | $3.4M |
| Investing Cash Flow | -$40.9M-116.2% | -$18.9M+13.1% | -$21.8M-1.9% | -$21.4M+64.0% | -$59.5M-141.7% | -$24.6M-9255.1% | -$263K+97.8% | -$12.2M |
| Financing Cash Flow | $15.0M+138.4% | -$39.2M-174.7% | $52.4M+289.5% | $13.5M+657.0% | $1.8M-90.7% | $19.1M+6.7% | $17.9M-63.9% | $49.5M |
| Dividends Paid | $680K-1.4% | $690K+0.1% | $689K+0.1% | $688K+5.0% | $655K-0.3% | $657K+18.0% | $557K+6.1% | $525K |
| Share Buybacks | $1.8M+103.1% | $890K+2242.1% | $38K-72.9% | $140K+144.0% | -$318K | N/A | N/A | $0 |
UBOH Financial Ratios
| Metric | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | 30.5%+7.0pp | 23.4%-5.3pp | 28.7% | N/A | 38.4%+9.7pp | 28.7%-14.7pp | 43.4% |
| Return on Equity | 4.3%+0.1pp | 4.2%+1.7pp | 2.5%-0.1pp | 2.5%+0.3pp | 2.3%-1.2pp | 3.5%+1.2pp | 2.3%-1.4pp | 3.7% |
| Return on Assets | 0.3%+0.0pp | 0.3%+0.1pp | 0.2%-0.0pp | 0.2%-0.0pp | 0.3%-0.1pp | 0.4%+0.1pp | 0.3%-0.1pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 12.15-1.2 | 13.35+1.6 | 11.75+2.0 | 9.76+1.7 | 8.04-0.2 | 8.21+0.1 | 8.07-0.1 | 8.16 |
| FCF Margin | N/A | 28.3%-26.3pp | 54.6%+74.8pp | -20.2% | N/A | 66.9%+24.8pp | 42.1%+6.3pp | 35.9% |
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Frequently Asked Questions
What is United Bancshares's annual revenue?
United Bancshares (UBOH) reported $1.2M in total revenue for fiscal year 2022. This represents a 13.0% 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 Bancshares's revenue growing?
United Bancshares (UBOH) revenue grew by 13% year-over-year, from $1.1M to $1.2M in fiscal year 2022.
Is United Bancshares profitable?
Yes, United Bancshares (UBOH) reported a net income of $11.3M in fiscal year 2022, with a net profit margin of 918.0%.
What is United Bancshares's earnings per share (EPS)?
United Bancshares (UBOH) reported diluted earnings per share of $3.46 for fiscal year 2022. This represents a -15.0% 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 Bancshares's net profit margin?
United Bancshares (UBOH) had a net profit margin of 918.0% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
Does United Bancshares pay dividends?
Yes, United Bancshares (UBOH) paid $0.84 per share in dividends during fiscal year 2022.
What is United Bancshares's return on equity (ROE)?
United Bancshares (UBOH) has a return on equity of 13.7% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is United Bancshares's free cash flow?
United Bancshares (UBOH) generated $13.2M in free cash flow during fiscal year 2022. This represents a -41.3% 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 Bancshares's operating cash flow?
United Bancshares (UBOH) generated $16.8M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are United Bancshares's total assets?
United Bancshares (UBOH) had $1.1B in total assets as of fiscal year 2022, including both current and long-term assets.
What are United Bancshares's capital expenditures?
United Bancshares (UBOH) invested $3.6M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
Does United Bancshares buy back shares?
Yes, United Bancshares (UBOH) spent $2.9M on share buybacks during fiscal year 2022, returning capital to shareholders by reducing shares outstanding.
How many shares does United Bancshares have outstanding?
United Bancshares (UBOH) had 3M shares outstanding as of fiscal year 2022.
What is United Bancshares's debt-to-equity ratio?
United Bancshares (UBOH) had a debt-to-equity ratio of 12.15 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is United Bancshares's return on assets (ROA)?
United Bancshares (UBOH) had a return on assets of 1.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is United Bancshares's Piotroski F-Score?
United Bancshares (UBOH) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 Bancshares's earnings high quality?
United Bancshares (UBOH) has an earnings quality ratio of 1.48x, 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 Bancshares?
United Bancshares (UBOH) scores 55 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.