UBNC Stock Overview
UB Bancorp operates as the bank holding company for Union Bank that provides commercial and retail banking services to individuals and businesses.
No risks detected for UBNC from our risk checks.
UB Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.48|
|52 Week High||US$21.48|
|52 Week Low||US$15.77|
|1 Month Change||-5.21%|
|3 Month Change||11.31%|
|1 Year Change||17.35%|
|3 Year Change||32.16%|
|5 Year Change||30.80%|
|Change since IPO||387.12%|
Recent News & Updates
|UBNC||US Banks||US Market|
Return vs Industry: UBNC exceeded the US Banks industry which returned -21.7% over the past year.
Return vs Market: UBNC exceeded the US Market which returned -23% over the past year.
|UBNC Average Weekly Movement||6.4%|
|Banks Industry Average Movement||3.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: UBNC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: UBNC's weekly volatility (6%) has been stable over the past year.
About the Company
UB Bancorp operates as the bank holding company for Union Bank that provides commercial and retail banking services to individuals and businesses. The company offers checking accounts, savings and money market accounts, certificates of deposit, and individual retirement accounts; and person-to-person payment, cash management, treasury management, and remote deposit services. It also provides personal loans, including consumer instalment loans, such as auto, boat, 2nd mortgage, and home improvement loans; home equity credit lines; residential mortgage loans; residential rental property loans; personal credit lines; and personal construction loans.
UB Bancorp Fundamentals Summary
|UBNC fundamental statistics|
Is UBNC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UBNC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.05|
|Net Profit Margin||31.42%|
How did UBNC perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is UBNC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for UBNC?
Other financial metrics that can be useful for relative valuation.
|What is UBNC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does UBNC's PE Ratio compare to its peers?
|UBNC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CFCX Centric Financial
SABK South Atlantic Bancshares
CPKF Chesapeake Financial Shares
CWBC Community West Bancshares
UBNC UB Bancorp
Price-To-Earnings vs Peers: UBNC is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (10.8x).
Price to Earnings Ratio vs Industry
How does UBNC's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: UBNC is good value based on its Price-To-Earnings Ratio (9.5x) compared to the US Banks industry average (9.7x)
Price to Earnings Ratio vs Fair Ratio
What is UBNC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate UBNC's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of UBNC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: UBNC ($19.48) is trading above our estimate of fair value ($18.97)
Significantly Below Fair Value: UBNC is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is UB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 UB Bancorp 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.
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- Check out UB Bancorp's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access UB Bancorp's filings and announcements here.
How has UB Bancorp performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBNC has high quality earnings.
Growing Profit Margin: UBNC's current net profit margins (31.4%) are higher than last year (26.4%).
Past Earnings Growth Analysis
Earnings Trend: UBNC's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: UBNC's earnings growth over the past year (42.9%) exceeds its 5-year average (25.2% per year).
Earnings vs Industry: UBNC earnings growth over the past year (42.9%) exceeded the Banks industry 8.6%.
Return on Equity
High ROE: UBNC's Return on Equity (15.1%) is considered low.
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How is UB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: UBNC's Assets to Equity ratio (14x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if UBNC has a sufficient allowance for bad loans.
Low Risk Liabilities: 97% of UBNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: UBNC has an appropriate level of Loans to Assets ratio (59%).
Low Risk Deposits: UBNC's Loans to Deposits ratio (66%) is appropriate.
Level of Bad Loans: Insufficient data to determine if UBNC has an appropriate level of bad loans.
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What is UB Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBNC's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: UBNC's dividend (1.13%) is low compared to the top 25% of dividend payers in the US market (4.57%).
Stability and Growth of Payments
Stable Dividend: UBNC's dividends per share have been stable in the past 10 years.
Growing Dividend: UBNC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.4%), UBNC'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 or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rob Jones (65 yo)
Mr. Vincent Robert Jones, also known as Rob, has been President, Chief Executive Officer and Director of UB Bancorp and Union Bank (formerly known as Little Bank, Inc.) since 2002. Before joining the littl...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Rob's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Rob's compensation has increased by more than 20% in the past year.
Experienced Board: UBNC's board of directors are considered experienced (7.7 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
UB Bancorp's employee growth, exchange listings and data sources
- Name: UB Bancorp
- Ticker: UBNC
- Exchange: OTCPK
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$116.494m
- Shares outstanding: 5.98m
- Website: https://www.unionbanknc.com
- UB Bancorp
- 1011A Red Banks Road
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UBNC||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Nov 1998|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/23 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.