Stock Analysis
- United States
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- Banks
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- NasdaqGS:UBFO
United Security Bancshares First Quarter 2024 Earnings: EPS: US$0.24 (vs US$0.36 in 1Q 2023)
United Security Bancshares (NASDAQ:UBFO) First Quarter 2024 Results
Key Financial Results
- Revenue: US$12.6m (down 15% from 1Q 2023).
- Net income: US$4.16m (down 32% from 1Q 2023).
- Profit margin: 33% (down from 41% in 1Q 2023). The decrease in margin was driven by lower revenue.
- EPS: US$0.24 (down from US$0.36 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Security Bancshares shares are up 4.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for United Security Bancshares that we have uncovered.
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About NasdaqGS:UBFO
United Security Bancshares
United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California.
Flawless balance sheet and good value.