Welcome to our dedicated page for United Sec Bancshares Calif news (Ticker: UBFO), a resource for investors and traders seeking the latest updates and insights on United Sec Bancshares Calif stock.
United Sec Bancshares Calif (UBFO), the holding company for United Security Bank, provides essential financial services across California's key markets. This page serves as the definitive source for official news and developments impacting this state-chartered institution.
Investors and stakeholders will find timely updates including quarterly earnings reports, regulatory filings, and strategic initiatives. Our curated collection features press releases on product launches, leadership changes, and operational milestones that shape UBFO's commercial banking services.
All content undergoes strict verification to ensure accuracy in reporting financial results, deposit service enhancements, and loan program expansions. The archive organizes information by relevance, allowing efficient tracking of UBFO's growth in Fresno, Madera, and other served counties.
Bookmark this page for direct access to primary source materials from United Security Bank's corporate communications. Regular updates ensure you maintain informed perspectives on this California-focused financial institution's market position.
On March 28, 2023, United Security Bancshares (NASDAQ: UBFO) declared a quarterly cash dividend of $0.11 per share, payable on April 21, 2023, to shareholders of record as of April 7, 2023. The company, headquartered in Fresno, California, operates 12 full-service branches and offers services including commercial real estate construction, commercial and consumer lending. This dividend declaration showcases the company's commitment to rewarding shareholders amidst its ongoing operations.
The Board of Directors of United Security Bancshares (NASDAQ: UBFO) announced its operating results for the quarter and year ending December 31, 2022. This announcement provides investors with insights into the company's financial performance and operational highlights over the specified period.
The holding company oversees United Security Bank, which has been serving clients since 1987 and operates multiple branch offices across California. Stakeholders can access the complete financial details and reports through the company's investor relations page for further analysis.
On December 20, 2022, United Security Bancshares (NASDAQ: UBFO) announced a quarterly cash dividend of $0.11 per share on its common stock. This dividend is scheduled for payment on January 19, 2023, to shareholders of record by January 4, 2023. Headquartered in Fresno, United Security Bank, founded in 1987, operates 12 branches across California and offers various financial services including commercial real estate construction and lending. This dividend payment reflects the company's continued commitment to providing value to its shareholders.
United Security Bancshares (Nasdaq: UBFO) reported a net income of $10.3 million, or $0.61 per share, for the nine months ending September 30, 2022, up from $6.7 million in the prior year. For Q3 2022, net income surged 71.1% to $4.5 million, driven by strong loan and investment income due to expanded portfolios and rising interest rates. Total assets increased 2.9% to $1.37 billion with total loans reaching $962.2 million. However, book value per share dipped to $6.28 primarily due to unrealized losses.
On September 27, 2022, United Security Bancshares (NASDAQ: UBFO) announced a quarterly cash dividend of $0.11 per share, payable on October 25, 2022, to shareholders of record by October 11, 2022. The company, which operates United Security Bank with 12 branches in California, continues to show commitment to shareholder value through regular dividend payments.
United Security Bancshares (Nasdaq: UBFO) reported strong financial performance for the six months ended June 30, 2022, with net income reaching $5.9 million, or $0.34 per diluted share, up from $4.1 million, or $0.24 per share a year earlier. The second quarter net income increased 27% to $3.4 million, driven by loan interest income growth of $983,000 and investment securities income of $350,000. Total assets rose slightly to $1.34 billion, with total loans hitting $950 million. However, the book value per share declined to $6.46 due to unrealized losses in the investment portfolio.
On June 28, 2022, United Security Bancshares (NASDAQ: UBFO) announced a regular quarterly cash dividend of $0.11 per share on its common stock. The dividend is payable on July 22, 2022, to shareholders of record as of July 8, 2022.
United Security Bancshares, headquartered in Fresno, operates 12 branch offices and provides various banking services, including commercial and consumer lending. The company emphasizes a commitment to shareholder returns through regular dividends.
United Security Bancshares (Nasdaq: UBFO) reported net income of $2.4 million for Q1 2022, up 73.1% from $1.4 million in Q1 2021. Earnings per share rose to $0.14 compared to $0.08 a year prior. Key metrics showed total assets at $1.35 billion, and total loans at $879.4 million, reflecting growth. The net interest income increased 17.3% to $9.4 million. However, the net interest margin slightly decreased to 3.10%. Shareholders' equity fell to $113.6 million, largely due to unrealized losses in the investment portfolio.
On March 22, 2022, United Security Bancshares (NASDAQ: UBFO) announced a quarterly cash dividend of $0.11 per share, payable on April 18, 2022, to shareholders of record by April 6, 2022. This reflects the company’s ongoing commitment to returning value to its shareholders. Founded in 1987 and headquartered in Fresno, United Security Bank operates 12 branches across Central California, providing a range of financial services including commercial real estate and consumer lending. For more details, visit www.unitedsecuritybank.com.
United Security Bancshares (Nasdaq: UBFO) reported its financial results for the year and quarter ending December 31, 2021. The company achieved a net income of $10.1 million, or $0.59 per share, reflecting a year-over-year increase from $9.0 million, or $0.53 per share. In Q4 2021, net income surged 75.3% to $3.4 million. Total assets rose 21.8% to $1.3 billion, while total loans increased 33.2% to $871.5 million. The allowance for credit losses decreased to 1.07%. The company declared a cash dividend of $0.11 per share, payable January 18, 2022.
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