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United Bancshares (UBOH)
OTHER OTC:UBOH
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United Bancshares
(OTC:UBOH)
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Rating:61Neutral
Price Target:―
United Bancshares demonstrates a stable financial base with low leverage and reasonable valuation metrics. However, challenges such as declining operational efficiency and irregular cash flows are concerns. The technical indicators show mixed signals, with some signs of bearish momentum. The absence of recent earnings call data and corporate events limits further insight.
United Bancshares (UBOH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$111.99M
Dividend Yield2.53%
Average Volume (3M)2.78K
Price to Earnings (P/E)9.3
Beta (1Y)0.22
Revenue Growth15.96%
EPS Growth45.61%
CountryUS
Employees211
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.05
Shares Outstanding3,136,180
10 Day Avg. Volume1,900
30 Day Avg. Volume2,779
Financial Highlights & Ratios
PEG Ratio1.09
Price to Book (P/B)0.98
Price to Sales (P/S)2.22
P/FCF Ratio17.84
Enterprise Value/Market Cap0.07
Enterprise Value/Revenue0.12
Enterprise Value/Gross Profit0.16
Enterprise Value/Ebitda0.58
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
United Bancshares Business Overview & Revenue Model
Company DescriptionUnited Bancshares, Inc. operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit. Its loan products include commercial and residential real estate, agricultural, commercial and industrial, home equity, and various types of consumer and small business administration loans. The company also offers wealth management, financial needs analysis, mutual funds, securities trading, annuities, and life insurance services; and treasury management, online and mobile banking, automatic teller machine, bill pay, safe deposit box rental, payment, and other personalized services. It operates eighteen full service banking centers and three loan production offices in northwest and central Ohio. United Bancshares, Inc. was founded in 1904 and is headquartered in Columbus Grove, Ohio.
How the Company Makes MoneyUnited Bancshares generates revenue primarily through interest income from loans and leases, which constitutes a significant portion of its earnings. The company issues various types of loans, including consumer loans, commercial loans, and real estate mortgages, earning interest over the life of these loans. Additionally, UBOH earns non-interest income from service fees, account maintenance fees, and wealth management services. The bank may also partner with local businesses and community organizations to offer tailored financial products, further enhancing its revenue streams. Overall, the combination of interest income and non-interest income streams allows UBOH to maintain a diversified revenue model.
United Bancshares Financial Statement Overview
Summary
United Bancshares shows resilience in maintaining profitability despite revenue fluctuations. However, declining efficiency in operations and irregular cash flows present challenges. The balance sheet remains strong with low leverage, providing stability in a competitive banking sector.Income Statement
United Bancshares experienced fluctuating revenue trends with a decline in total revenue from 2020 to 2023. Despite this, net income remained relatively stable, indicating cost management. The gross profit margin is consistently strong at 100%, but declining EBIT and EBITDA margins suggest reduced operational efficiency over time.60
Neutral
Balance Sheet
The company's balance sheet reflects a stable equity base with low leverage, as shown by a debt-to-equity ratio of approximately 0.18. ROE has been positive, indicating decent returns on equity. The equity ratio has been stable, showing a healthy proportion of assets financed by equity.75
Positive
Cash Flow
Cash flow statements indicate irregularities, with operating cash flow dropping to zero in 2024, a potential concern. Free cash flow growth has been inconsistent, affected by fluctuating capital expenditures. Despite this, past years had positive free cash flow, supporting operational needs.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 60.48M | 41.83M | 40.87M | 47.00M | 52.78M | 53.84M |
| Gross Profit | 45.17M | 41.83M | 39.13M | 44.74M | 50.35M | 51.06M |
| EBITDA | 12.64M | 9.92M | 10.88M | 14.14M | 17.62M | 18.18M |
| Net Income | 11.41M | 9.15M | 8.61M | 11.31M | 13.58M | 13.76M |
Balance Sheet | ||||||
| Total Assets | 1.20B | 1.19B | 1.07B | 1.09B | 1.08B | 978.53M |
| Cash, Cash Equivalents and Short-Term Investments | 91.80M | 95.28M | 278.42M | 311.97M | 382.84M | 251.61M |
| Total Debt | 16.59M | 18.08M | 18.04M | 20.51M | 19.99M | 20.69M |
| Total Liabilities | 1.10B | 1.09B | 977.57M | 1.00B | 957.46M | 866.93M |
| Stockholders Equity | 101.12M | 94.74M | 93.92M | 82.69M | 119.09M | 111.60M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.20M | 11.20M | 13.20M | 22.48M | 15.64M |
| Operating Cash Flow | 0.00 | 6.93M | 12.83M | 16.78M | 26.44M | 17.22M |
| Investing Cash Flow | 0.00 | -51.35M | 16.04M | -103.03M | -96.52M | -65.13M |
| Financing Cash Flow | 0.00 | 112.78M | -32.64M | 41.73M | 88.25M | 78.54M |
United Bancshares Technical Analysis
Positive
36.10
Price Trends
33.69
Positive
30.80
Positive
28.91
Positive
Market Momentum
0.53
Positive
49.58
Neutral
4.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UBOH, the sentiment is Positive. The current price of 36.1 is below the 20-day moving average (MA) of 36.67, above the 50-day MA of 33.69, and above the 200-day MA of 28.91, indicating a neutral trend. The MACD of 0.53 indicates Positive momentum. The RSI at 49.58 is Neutral, neither overbought nor oversold. The STOCH value of 4.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UBOH.
United Bancshares Risk Analysis
United Bancshares disclosed 28 risk factors in its most recent earnings report. United Bancshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
Inflation can have an adverse impact on the Corporation's earnings and on our customers. Q4, 2022
United Bancshares Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $108.59M | 11.80 | 13.63% | 5.80% | 11.90% | -8.37% | |
69 Neutral | $108.83M | 10.87 | 8.68% | 1.70% | 18.82% | 35.00% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | $117.89M | 18.91 | 6.07% | 1.66% | 7.86% | 59.25% | |
61 Neutral | $111.99M | 9.31 | 11.88% | 2.53% | 15.96% | 45.61% | |
56 Neutral | $114.11M | 23.61 | 1.91% | 1.03% | 26.46% | ― | |
55 Neutral | $117.08M | ― | -0.25% | ― | -12.23% | 83.58% |
* Financial Sector Average
UBOH
United Bancshares
36.10
16.34
82.69%
MGYR
Magyar Bancorp
16.90
4.84
40.13%
UNB
Union Bankshares
25.00
-0.11
-0.44%
SFBC
Sound Financial Bancorp
45.73
-7.55
-14.17%
BSBK
Bogota Financial
9.00
0.67
8.04%
SRBK
SR Bancorp, Inc.
14.78
3.76
34.12%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.