Annuncio • Dec 18
United Security Bancshares Declares Quarterly Cash Dividend, Payable on January 13, 2026 On December 16, 2025, the Board of Directors of United Security Bancshares, declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on January 13, 2026, to shareholders of record as of December 26, 2025. Annuncio • Sep 25
United Security Bancshares Declares Quarterly Cash Dividend, Payable on October 21, 2025 On September 23, 2025, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on October 21, 2025, to shareholders of record as of October 3, 2025. Annuncio • Jun 26
United Security Bancshares Declares Quarterly Cash Dividend, Payable on July 22, 2025 On June 24, 2025, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on July 22, 2025, to shareholders of record as of July 7, 2025. Annuncio • Apr 29
United Security Bancshares and United Security Bank Appoints Jay Gill as Vice Chairman of Boards of Directors, Effective April 28, 2025 The Board of Directors of United Security Bancshares (the “Company”), the parent company of United Security Bank (the “Bank”), announced the appointment of Jay Gill as the Vice Chairman of the Company’s and Bank’s Boards of Directors effective immediately. In this new role, Mr. Gill will play a critical role in shaping the Company’s long-term strategy, identifying new business opportunities, and driving continued organic growth across its markets. As Vice Chairman, Mr. Gill will work closely with the executive team and the board of directors to enhance the Bank’s competitive position, strengthen relationships with clients and partners, and explore strategic initiatives that support long-term value creation. Jay Gill is the President and CEO of Gill Automotive Group, which owns and operates 12 automotive dealerships representing 12 different brands in California and Hawaii. In addition, he has agricultural interests in central California and real estate development through his development company, Lifetime Communities. Jay is a graduate of California State University, Fresno, where he received a bachelor’s degree in engineering. Jay currently serves on the boards of directors of Mid-Valley Water, Cen-Cal SBA, Chrysler Minority Dealer Association, and Ford Minority Dealer Association, and is also involved in several technology venture firms and advisory boards in Silicon Valley. Annuncio • Apr 01
United Security Bancshares, Annual General Meeting, May 21, 2025 United Security Bancshares, Annual General Meeting, May 21, 2025. Location: 2126 inyo street, california 93721, fresno United States Annuncio • Mar 27
United Security Bancshares Declares Quarterly Cash Dividend, Payable on April 22, 2025 On March 25, 2025, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on April 22, 2025, to shareholders of record as of April 7, 2025. Annuncio • Dec 19
United Security Bancshares Declares Quarterly Cash Dividend, Payable on January 17, 2025 On December 17, 2024, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on January 17, 2025, to shareholders of record as of January 2, 2025. Reported Earnings • Oct 20
Third quarter 2024 earnings released: EPS: US$0.22 (vs US$0.23 in 3Q 2023) Third quarter 2024 results: EPS: US$0.22 (down from US$0.23 in 3Q 2023). Revenue: US$12.3m (up 2.0% from 3Q 2023). Net income: US$3.83m (flat on 3Q 2023). Profit margin: 31% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 30
Second quarter dividend of US$0.12 announced Shareholders will receive a dividend of US$0.12. Ex-date: 7th October 2024 Payment date: 23rd October 2024 Dividend yield will be 6.0%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jul 25
Independent Director recently bought €1.0m worth of stock On the 24th of July, Jagroop Gill bought around 140k shares on-market at roughly €7.33 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.5m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: US$0.25 (vs US$0.26 in 2Q 2023) Second quarter 2024 results: EPS: US$0.25 (down from US$0.26 in 2Q 2023). Revenue: US$13.0m (up 4.8% from 2Q 2023). Net income: US$4.30m (down 2.7% from 2Q 2023). Profit margin: 33% (down from 36% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 30
First quarter dividend of US$0.12 announced Shareholders will receive a dividend of US$0.12. Ex-date: 8th July 2024 Payment date: 23rd July 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jun 27
United Security Bancshares Declares Quarterly Cash Dividend, Payable on July 23, 2024 On June 25, 2024, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on July 23, 2024, to shareholders of record as of July 8, 2024. Recent Insider Transactions • Jun 16
Independent Director recently bought €55k worth of stock On the 11th of June, Jagroop Gill bought around 8k shares on-market at roughly €6.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €467k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 14
Independent Director recently bought €54k worth of stock On the 10th of May, Jagroop Gill bought around 8k shares on-market at roughly €6.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €758k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: US$1.16 (vs US$0.92 in FY 2022) Full year 2023 results: EPS: US$1.16 (up from US$0.92 in FY 2022). Revenue: US$53.4m (up 16% from FY 2022). Net income: US$19.8m (up 26% from FY 2022). Profit margin: 37% (up from 34% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 4.29% (up from 3.72% in FY 2022). Non-performing loans: 1.29% (down from 1.52% in FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Mar 30
Fourth quarter dividend of US$0.12 announced Shareholders will receive a dividend of US$0.12. Ex-date: 5th April 2024 Payment date: 22nd April 2024 Dividend yield will be 6.7%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 6.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Mar 28
United Security Bancshares Declares Quarterly Cash Dividend, Payable on April 22, 2024 United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on April 22, 2024, to shareholders of record as of April 8, 2024. Annuncio • Dec 20
United Security Bancshares Declares Quarterly Cash Dividend, Payable on January 19, 2024 On December 18, 2023, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on January 19, 2024, to shareholders of record as of January 3, 2024. Annuncio • Nov 17
United Security Bancshares announced delayed 10-Q filing On 11/15/2023, United Security Bancshares announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.26 in 3Q 2022) Third quarter 2023 results: EPS: US$0.23 (down from US$0.26 in 3Q 2022). Revenue: US$12.0m (down 3.8% from 3Q 2022). Net income: US$3.85m (down 14% from 3Q 2022). Profit margin: 32% (down from 36% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 28
United Security Bancshares Declares Regular Quarterly Cash Dividend, Payable on October 25, 2023 On September 26, 2023, the Board of Directors of United Security Bancshares (the Company) declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on October 25, 2023, to shareholders of record as of October 10, 2023. Recent Insider Transactions • Sep 22
Director recently bought €225k worth of stock On the 20th of September, Jagroop Gill bought around 35k shares on-market at roughly €6.53 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €773k more in shares than they have sold in the last 12 months. Annuncio • Jul 28
United Security Bancshares Appoints Thomas G. Walker to Board of Directors The Board of Directors of United Security Bancshares announced the appointment of Thomas G. Walker to the Company’s and Bank’s Boards of Directors effective immediately. Thomas Walker is a Principal/Owner of Capital Group Inc. dba Capitalize which is a California-based commercial lending mortgage banking firm where he has been since July 2021. Prior to Capitalize, Mr. Walker was an executive at Housing Capital Company, a division of US Bancorp, for 23 years. Tom graduated from UC Irvine with a B.A. in Economics and a Minor in Management. He is a licensed California real estate broker and has previously served as a member of the board of directors for the Building Industry Association. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.26 (vs US$0.20 in 2Q 2022) Second quarter 2023 results: EPS: US$0.26 (up from US$0.20 in 2Q 2022). Revenue: US$12.4m (up 19% from 2Q 2022). Net income: US$4.42m (up 29% from 2Q 2022). Profit margin: 36% (up from 33% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 30
Benjamin Mackovak to Retire from the Boards of Directors of United Security Bancshares and United Security Bank On June 26, 2032, Director Benjamin Mackovak notified the Board of Directors of United Security Bancshares (“Company”) and its wholly-owned subsidiary, United Security Bank (the “Bank”), of his decision to retire from the Boards of Directors of the Company and the Bank effective June 27, 2023. Mr. Mackovak’s retirement from the Company and Bank was not a result of any disagreement with the Company or Bank on any matter relating to its operations, policies, or practices. Annuncio • Jun 29
United Security Bancshares Declares Quarterly Cash Dividend, Payable on July 24, 2023 On June 27, 2023, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on July 24, 2023, to shareholders of record as of July 10, 2023. New Risk • Jun 09
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €61k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€61k sold). Recent Insider Transactions • Jun 09
Senior VP & Chief Credit Officer recently sold €61k worth of stock On the 7th of June, William Yarbenet sold around 10k shares on-market at roughly €6.14 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €40k more than they sold in the last 12 months. Annuncio • Jun 09
United Security Bancshares and United Security Bank Appoints Jay Gill as Member of their Respective Boards The Board of Directors of United Security Bancshares, the parent company of United Security Bank (the “Bank”) announced the appointment of Jay Gill to the Company’s and Bank’s Boards of Directors effective June 7, 2023. Jay is a successful business owner, is actively involved in local community, and will serve as an excellent resource for both the Board and management of the Company. Jay has already demonstrated his confidence in and commitment to vision and mission by accumulating over 1 million shares of the Company’s common stock. Jay Gill is the President and CEO of Gill Automotive Group. In addition, he has agricultural interests in central California. Jay is a graduate of California State University, Fresno where he received a bachelor’s degree in engineering. Jay currently serves on the boards of directors of Mid-Valley Water, Cen-Cal SBA, Chrysler Minority Dealer Association, and Ford Minority Dealer Association. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: US$0.92 (vs US$0.59 in FY 2021) Full year 2022 results: EPS: US$0.92 (up from US$0.59 in FY 2021). Revenue: US$46.1m (up 25% from FY 2021). Net income: US$15.7m (up 55% from FY 2021). Profit margin: 34% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.69% (up from 3.16% in FY 2021). Non-performing loans: 1.52% (up from 1.39% in FY 2021). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €5.95, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 9x in the Banks industry in Europe. Total loss to shareholders of 15% over the past year. Annuncio • Jan 28
United Security Bancshares Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022 United Security Bancshares reported net charge-offs for the fourth quarter ended December 31, 2022. For the quarter, net charge-offs totaled $465,000 for the quarter ended December 31, 2022, compared to net charge-offs of $265,000 for the quarter ended December 31, 2021. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: US$0.92 (vs US$0.59 in FY 2021) Full year 2022 results: EPS: US$0.92 (up from US$0.59 in FY 2021). Revenue: US$46.1m (up 25% from FY 2021). Net income: US$15.7m (up 55% from FY 2021). Profit margin: 34% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Dec 27
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 03 January 2023. Payment date: 19 January 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (6.0%). Annuncio • Dec 22
United Security Bancshares Declares Quarterly Cash Dividend, Payable on January 19, 2023 On December 20, 2022, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock. The dividend is payable on January 19, 2023, to shareholders of record as of January 4, 2023. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.15 in 3Q 2021) Third quarter 2022 results: EPS: US$0.26 (up from US$0.15 in 3Q 2021). Revenue: US$12.5m (up 28% from 3Q 2021). Net income: US$4.47m (up 71% from 3Q 2021). Profit margin: 36% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Annuncio • Oct 20
United Security Bancshares Announces Net Charge Off for the Third Quarter Ended September 30, 2022 United Security Bancshares announced net charge off for the third quarter ended September 30, 2022. Net charge-offs totaled $451,000 for the quarter ended September 30, 2022, compared to net charge-offs of $509,000 for the quarter ended September 30, 2021. Annuncio • Oct 07
United Security Bancshares and United Security Bank Announce CFO Changes, Effective October 3, 2022 Effective September 30, 2022, United Security Bancshares and its wholly-owned subsidiary, United Security Bank (the Bank"), entered into an agreement with McDermott and Bull Interim Leaders, LLC (MBIL") to provide for the appointment of Mr. Steven J. Leen, a consultant associated with MBIL, to serve as interim Chief Financial Officer of the Company and the Bank. Mr. Leen assumed the role of interim Chief Financial Officer of the Company and the Bank effective as of October 3, 2022. It is expected that Mr. Leen will serve in this interim role for approximately four to six weeks, during which time the Company and the Bank plan to search for a permanent replacement to fill the Chief Financial Officer position. Mr. Leen previously served as Chief Financial Officer at Avidbank for over 15 years and as a Chief Financial Officer and in other senior management level positions for over 16 years with Fireside Bank, a Bay Area financial institution with operations throughout the western United States. None of such corporations or organizations are affiliated with the Company or the Bank. Since January 1, 2021, Mr. Leen has not been a party to any material transactions involving the Company or the Bank. Annuncio • Sep 29
United Security Bancshares Declares Regular Quarterly Cash Dividend, Payable on October 25, 2022 On September 27, 2022, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock. The dividend is payable on October 25, 2022, to shareholders of record as of October 11, 2022. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.16 in 2Q 2021) Second quarter 2022 results: EPS: US$0.20 (up from US$0.16 in 2Q 2021). Revenue: US$10.4m (up 11% from 2Q 2021). Net income: US$3.44m (up 27% from 2Q 2021). Profit margin: 33% (up from 29% in 2Q 2021). The increase in margin was driven by higher revenue. Annuncio • Jul 02
United Security Bancshares and United Security Bank Announce Retirement of Michael Woolf from the Boards of Directors On June 29, 2022, Director Michael Woolf notified the Board of Directors of United Security Bancshares and its wholly-owned subsidiary, United Security Bank of his decision to retire from the Boards of Directors of the Company and the Bank effective June 29, 2022. Mr. Woolf has served as a member of the Company and Bank's Boards of Directors for 17 years. Mr. Woolf was a member of the Company's Corporate Governance/Nominating Committee, ALCO Committee, and chaired the Compensation Committee. Mr. Woolf will serve as a Director Emeritus of the Company, effective July 1, 2022. Annuncio • Jul 01
United Security Bancshares Declares Quarterly Cash Dividend, Payable on July 22, 2022 On June 28, 2022, the Board of Directors of United Security Bancshares declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock. The dividend is payable on July 22, 2022, to shareholders of record as of July 8, 2022. Reported Earnings • May 10
First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.083 in 1Q 2021) First quarter 2022 results: EPS: US$0.14 (up from US$0.083 in 1Q 2021). Revenue: US$9.23m (up 23% from 1Q 2021). Net income: US$2.44m (up 73% from 1Q 2021). Profit margin: 27% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Annuncio • Apr 08
United Security Bancshares, Annual General Meeting, May 18, 2022 United Security Bancshares, Annual General Meeting, May 18, 2022, at 18:00 Pacific Daylight. Location: the Company's corporate office at 2126 Inyo Street Fresno California United States Agenda: To consider Election of Directors; to Ratification of the selection of Moss Adams LLP to serve as the independent registered public accounting firm for the company for 2022; to approval of a non-binding advisory vote on executive compensation of our named executive officers; to approval of a non-binding advisory vote to recommend the frequency for the non-binding advisory vote on compensation of our named executive officers; and to consider other matter. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.59 (up from US$0.53 in FY 2020). Revenue: US$36.9m (up 7.8% from FY 2020). Net income: US$10.1m (up 13% from FY 2020). Profit margin: 27% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.16% (down from 3.34% in FY 2020). Non-performing loans: 1.39% (down from 1.91% in FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Jan 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.59 (up from US$0.53 in FY 2020). Revenue: US$36.9m (up 7.8% from FY 2020). Net income: US$10.1m (up 13% from FY 2020). Profit margin: 27% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Recent Insider Transactions • Jan 25
Independent Director recently bought €86k worth of stock On the 21st of January, Kenneth Newby bought around 12k shares on-market at roughly €7.19 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €166k more in shares than they have sold in the last 12 months. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 31 December 2021. Payment date: 18 January 2022. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Dec 16
Senior VP & COO recently bought €72k worth of stock On the 9th of December, David Eytcheson bought around 10k shares on-market at roughly €7.27 per share. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS US$0.15 (vs US$0.13 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$9.81m (up 17% from 3Q 2020). Net income: US$2.61m (up 15% from 3Q 2020). Profit margin: 27% (in line with 3Q 2020). Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS US$0.16 (vs US$0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$9.39m (up 17% from 2Q 2020). Net income: US$2.71m (up 34% from 2Q 2020). Profit margin: 29% (up from 25% in 2Q 2020). The increase in margin was driven by higher revenue. Annuncio • Jul 24
United Security Bancshares Announces Net Charge Off for the Second Quarter Ended June 30, 2021 United Security Bancshares announced net charge off for the second quarter ended June 30, 2021. For the period, the company reported net charge-offs totaled $174,000, compared to net charge-offs of $686,000 for the quarter ended June 30, 2020. Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS US$0.16 (vs US$0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$9.39m (up 17% from 2Q 2020). Net income: US$2.71m (up 34% from 2Q 2020). Profit margin: 29% (up from 25% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$0.083 (vs US$0.16 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$7.51m (down 21% from 1Q 2020). Net income: US$1.41m (down 49% from 1Q 2020). Profit margin: 19% (down from 29% in 1Q 2020). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Mar 05
New 90-day high: €6.53 The company is up 14% from its price of €5.74 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 8.0% over the same period. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$0.53 (vs US$0.90 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$33.7m (down 21% from FY 2019). Net income: US$8.96m (down 41% from FY 2019). Profit margin: 27% (down from 36% in FY 2019). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.34% (down from 4.22% in FY 2019). Upcoming Dividend • Dec 24
Upcoming Dividend of US$0.11 Per Share Will be paid on the 19th of January to those who are registered shareholders by the 31st of December. The trailing yield of 6.3% is in the top quartile of German dividend payers (3.5%), and it is in line with industry peers (5.8%). Annuncio • Dec 23
United Security Bancshares and United Security Bank Announce Retirement of Robert Mochizuki from the Boards of Directors, Effective February 1, 2021 On December 15, 2020, Director Dr. Robert Mochizuki notified the Board of Directors of United Security Bancshares and its wholly-owned subsidiary, United Security Bank (the "Bank"), of his decision to retire from the Boards of Directors of the Company and the Bank effective January 31, 2021. Dr. Mochizuki, the Lead Director of the Bank and Company's Board of Directors, has served as a member of the Board of Directors for 16 years. Mr. Mochizuki will serve as a Director Emeritus, effective February 1, 2021. Is New 90 Day High Low • Dec 12
New 90-day high: €6.23 The company is up 25% from its price of €4.99 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: €5.67 The company is up 3.0% from its price of €5.48 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 1.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of US$9.93m, down 35% from the prior year. Total revenue was US$35.2m over the last 12 months, down 17% from the prior year. Reported Earnings • Oct 16
Third quarter earnings released Over the last 12 months the company has reported total profits of US$9.93m, down 39% from the prior year. Total revenue was US$35.5m over the last 12 months, down 17% from the prior year.