UBOH Stock Overview
United Bancshares, Inc. operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services.
United Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$31.23|
|52 Week High||US$37.71|
|52 Week Low||US$22.70|
|1 Month Change||7.69%|
|3 Month Change||3.41%|
|1 Year Change||34.53%|
|3 Year Change||42.92%|
|5 Year Change||36.08%|
|Change since IPO||187.47%|
Recent News & Updates
United Bancshares' (NASDAQ:UBOH) Dividend Will Be Increased To US$0.20
United Bancshares, Inc.'s ( NASDAQ:UBOH ) dividend will be increasing to US$0.20 on 15th of December. The announced...
United Bancshares' (NASDAQ:UBOH) Shareholders Will Receive A Bigger Dividend Than Last Year
United Bancshares, Inc. ( NASDAQ:UBOH ) will increase its dividend on the 15th of September to US$0.20. This takes the...
|UBOH||US Banks||US Market|
Return vs Industry: UBOH exceeded the US Banks industry which returned 24.9% over the past year.
Return vs Market: UBOH exceeded the US Market which returned 4.2% over the past year.
|UBOH Average Weekly Movement||6.2%|
|Banks Industry Average Movement||3.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: UBOH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: UBOH's weekly volatility (6%) has been stable over the past year.
About the Company
United 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.
United Bancshares Fundamentals Summary
|UBOH fundamental statistics|
Is UBOH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UBOH income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||4.15|
|Net Profit Margin||25.73%|
How did UBOH perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is United Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UBOH ($31.23) is trading below our estimate of fair value ($84.62)
Significantly Below Fair Value: UBOH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UBOH is good value based on its PE Ratio (7.5x) compared to the US Banks industry average (10.8x).
PE vs Market: UBOH is good value based on its PE Ratio (7.5x) compared to the US market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UBOH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UBOH is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).
How is United Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as United Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has United Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBOH has high quality earnings.
Growing Profit Margin: UBOH's current net profit margins (25.7%) are higher than last year (25.5%).
Past Earnings Growth Analysis
Earnings Trend: UBOH's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: UBOH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UBOH had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Banks industry average (43.4%).
Return on Equity
High ROE: UBOH's Return on Equity (11.7%) is considered low.
How is United Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: UBOH's Assets to Equity ratio (9.2x) is low.
Allowance for Bad Loans: UBOH has a sufficient allowance for bad loans (605%).
Low Risk Liabilities: 97% of UBOH's liabilities are made up of primarily low risk sources of funding.
Loan Level: UBOH has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: UBOH's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: UBOH has an appropriate level of bad loans (0.3%).
What is United Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBOH's dividend (2.34%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: UBOH's dividend (2.34%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: UBOH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UBOH's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.6%), UBOH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Brian Young (54 yo)
Mr. Brian D. Young, CPA has been the Chief Executive Officer and President of United Bancshares, Inc. and Chairman and Chief Executive Officer of The Union Bank Company since August 1, 2012. He serves as I...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD567.47K) is about average for companies of similar size in the US market ($USD584.00K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Experienced Board: UBOH's board of directors are seasoned and experienced ( 17 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
United Bancshares, Inc.'s employee growth, exchange listings and data sources
- Name: United Bancshares, Inc.
- Ticker: UBOH
- Exchange: NasdaqGM
- Founded: 1904
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$101.614m
- Shares outstanding: 3.27m
- Website: https://www.theubank.com
Number of Employees
- United Bancshares, Inc.
- 105 Progressive Drive
- Columbus Grove
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/24 23:28|
|End of Day Share Price||2022/01/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.