United Security Bancshares ( (UBFO) ) has released its Q3 earnings. Here is a breakdown of the information United Security Bancshares presented to its investors.
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United Security Bancshares, a financial institution headquartered in Fresno, California, operates in the banking sector with a focus on commercial real estate construction, commercial lending, and consumer lending. The company has a network of 13 full-service branch offices across California.
In its third-quarter 2025 financial report, United Security Bancshares announced a net income of $4.0 million, marking a slight increase from the previous year’s $3.8 million. The company’s earnings per share also rose to $0.23 from $0.22 in the same quarter last year, reflecting steady financial performance.
Key financial metrics highlighted in the report include an increase in net interest margin to 4.35% and a decrease in interest expense by 18.67%, which contributed to the overall profitability. However, the company faced a decrease in noninterest income by 20.02%, largely due to reduced gains on the fair value of junior subordinated debentures. The provision for credit losses was significantly reduced, indicating improved credit quality.
Despite challenges such as decreased loan interest and fee income, the company managed to increase its total loans and deposits, showing growth in its core banking operations. The management expressed satisfaction with the loan growth and a strengthened shareholders’ equity position, despite ongoing charge-offs in the student loan portfolio.
Looking forward, United Security Bancshares remains committed to maintaining strong capital levels and is optimistic about continuing its growth trajectory, supported by a robust loan portfolio and strategic financial management.