United Bancshares, Inc. operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. More Details
Flawless balance sheet and good value.
Share Price & News
How has United Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
1 Year Return
Return vs Industry: UBOH exceeded the US Banks industry which returned 61.5% over the past year.
Return vs Market: UBOH exceeded the US Market which returned 34.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is United Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StUnited Bancshares' (NASDAQ:UBOH) Shareholders Will Receive A Bigger Dividend Than Last Year
2 months ago | Simply Wall StThere's A Lot To Like About United Bancshares' (NASDAQ:UBOH) Upcoming US$0.17 Dividend
2 months ago | Simply Wall StIf You Like EPS Growth Then Check Out United Bancshares (NASDAQ:UBOH) Before It's Too Late
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 ($34.95) is trading below our estimate of fair value ($60.48)
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 (8.3x) compared to the US Banks industry average (10.7x).
PE vs Market: UBOH is good value based on its PE Ratio (8.3x) compared to the US market (18x).
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's PB Ratio (1x) is in line with the US Banks industry average.
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 (25.1%) are lower than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: UBOH's earnings have grown significantly by 27.1% per year over the past 5 years.
Accelerating Growth: UBOH's earnings growth over the past year (3.4%) is below its 5-year average (27.1% per year).
Earnings vs Industry: UBOH earnings growth over the past year (3.4%) underperformed the Banks industry 35.2%.
Return on Equity
High ROE: UBOH's Return on Equity (12.3%) 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 (457%).
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 (61%).
Low Risk Deposits: UBOH's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: UBOH has an appropriate level of bad loans (0.4%).
What is United Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: UBOH's dividend (1.46%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: UBOH's dividend (1.46%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: UBOH's dividend payments have been volatile in the past 10 years.
Growing Dividend: UBOH's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15%), UBOH's dividend payments are thoroughly 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 ($USD551.07K).
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 ( 16.3 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 company bio, employee growth, exchange listings and data sources
- Name: United Bancshares, Inc.
- Ticker: UBOH
- Exchange: NasdaqGM
- Founded: 1904
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$114.604m
- Shares outstanding: 3.28m
- Website: https://www.theubank.com
Number of Employees
- United Bancshares, Inc.
- 105 Progressive Drive
- Columbus Grove
- United States
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 a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 22:02|
|End of Day Share Price||2021/08/03 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.