A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
UNITED SECURITY BANCSHARES
UBFO
UNITED SECURITY BANCSHARES (UBFO) has a current P/E ratio of 16.6, compared to its historical median P/E of 9.6. The stock is currently considered Expensive based on its historical valuation range.
UNITED SECURITY BANCSHARES (UBFO) has a 5-year average return on invested capital (ROIC) of 11.9%. This indicates solid capital allocation.
UNITED SECURITY BANCSHARES (UBFO) has a market capitalization of $186M. It is classified as a small-cap stock.
Yes, UNITED SECURITY BANCSHARES (UBFO) pays a dividend with a trailing twelve-month yield of 4.50%.
Based on historical P/E analysis, UNITED SECURITY BANCSHARES (UBFO) appears expensive. The current P/E of 16.6 is 72% above its historical median of 9.6. The estimated fair value CAGR (P/E method) is 4.3%.
UNITED SECURITY BANCSHARES (UBFO) operates in the National Commercial Banks industry, within the Financials sector.
UNITED SECURITY BANCSHARES (UBFO) reported annual revenue of $66 million in its most recent fiscal year, based on SEC EDGAR filings.
Table of Contents United Security Bancshares is a California corporation incorporated in March 2001 and is registered with the Board of Governors of the Federal Reserve System (FRB) as a bank holding company under the Bank Holding Company Act of 1956, as amended (BHCA). The common stock of United Security Bancshares is listed on Nasdaq under the symbol “UBFO.” United Security Bank was chartered under the laws of the State of California in 1987 as a commercial bank. On June 12, 2001, United Security Bank reorganized into the bank holding company form of ownership and thereby became the wholly-owned subsidiary of United Security Bancshares and each share of United Security Bank stock was exchanged for a share of United Security Bancshares stock on a one-for-one basis. The principal business of United Security Bancshares is to serve as the holding company for United Security Bank.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 66M | 66M | 65M | 66M | 51M | 41M |
| Net Income | 12M | 12M | 15M | 20M | 16M | 10M |
| EPS | $0.70 | $0.70 | $0.85 | $1.16 | $0.92 | $0.59 |
| Free Cash Flow | 20M | 20M | 19M | 21M | 22M | 15M |
| ROIC | 8.7% | 9.0% | 11.6% | 16.8% | 13.5% | 8.5% |
| Gross Margin | 0.0% | 0.0% | - | - | - | - |
| Debt/Equity | 0.00 | 0.00 | -0.48 | 0.51 | 0.00 | 3.69 |
| Dividends/Share | $0.48 | $0.48 | $0.48 | $0.46 | $0.33 | $0.33 |
| Operating Income | 1.2M | 1.2M | 1.3M | 27M | 1.2M | 795K |
| Operating Margin | 1.8% | 1.8% | 2.0% | 41.7% | 2.3% | 1.9% |
| ROE | 8.7% | 9.0% | 11.6% | 16.8% | 13.5% | 8.5% |
| Shares Outstanding | 17M | 17M | 17M | 17M | 17M | 17M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 30M | 32M | 34M | 37M | 41M | 47M | 40M | 41M | 51M | 66M | 65M | 66M | 66M |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 9.7M | 9.9M | 11M | 11M | 12M | 11M | 11M | 12M | 12M | 13M | 14M | 16M | 16M |
| EBIT | 560K | 604K | 710K | 803K | 872K | 802K | 653K | 795K | 1.2M | 27M | 1.3M | 1.2M | 1.2M |
| Op. Margin | 1.9% | 1.9% | 2.1% | 2.2% | 2.1% | 1.7% | 1.6% | 1.9% | 2.3% | 41.7% | 2.0% | 1.8% | 1.8% |
| Net Income | 6.2M | 6.8M | 7.4M | 8.6M | 14M | 15M | 9.0M | 10M | 16M | 20M | 15M | 12M | 12M |
| Net Margin | 20.6% | 21.2% | 21.7% | 23.2% | 34.0% | 32.3% | 22.5% | 24.6% | 30.7% | 30.0% | 22.4% | 18.4% | 18.4% |
| Non-Recurring | 25K | 10K | 188K | 73K | 29K | 1K | 727K | 8K | -10K | 0 | 11K | 73K | 73K |
| Returns on Capital | |||||||||||||
| ROIC | 7.8% | 7.9% | 7.9% | 8.7% | 13.3% | 13.5% | 7.7% | 8.5% | 13.5% | 16.8% | 11.6% | 9.0% | 8.7% |
| ROE | 7.8% | 7.9% | 7.9% | 8.7% | 13.3% | 13.5% | 7.7% | 8.5% | 13.5% | 16.8% | 11.6% | 9.0% | 8.7% |
| ROA | 1.0% | 1.0% | 1.0% | 1.1% | 1.6% | 1.6% | 0.9% | 0.8% | 1.2% | 1.6% | 1.2% | 1.0% | 1.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 9.0M | 9.3M | 9.5M | 7.6M | 11M | 16M | 14M | 17M | 24M | 21M | 20M | 22M | 22M |
| Free Cash Flow | 8.2M | 8.5M | 8.4M | 6.4M | 10M | 15M | 13M | 15M | 22M | 21M | 19M | 20M | 20M |
| Owner Earnings | 7.5M | 7.8M | 8.0M | 6.1M | 9.2M | 14M | 12M | 15M | 22M | 19M | 17M | 20M | 20M |
| CapEx | 768K | 725K | 1.1M | 1.1M | 1.0M | 956K | 1.1M | 1.3M | 2.1M | 787K | 1.0M | 2.3M | 2.3M |
| Maint. CapEx | 1.5M | 1.5M | 1.4M | 1.3M | 1.4M | 1.4M | 1.4M | 1.4M | 1.3M | 1.5M | 1.5M | 1.5M | 1.5M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 840K | 0 | 0 | 821K | 821K |
| D&A | 1.5M | 1.5M | 1.4M | 1.3M | 1.4M | 1.4M | 1.4M | 1.4M | 1.3M | 1.5M | 1.5M | 1.5M | 1.5M |
| CapEx/OCF | 8.5% | 7.8% | 11.3% | 14.9% | 9.0% | 5.9% | 8.3% | 7.6% | 9.0% | 3.7% | 5.3% | N/A | 10.3% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 2.9M | 4.7M | 7.5M | 7.5M | 7.5M | 7.5M | 7.9M | 8.3M | 8.4M | 8.4M |
| Dividend Yield | N/A | N/A | N/A | 3.0% | 3.9% | 6.2% | 8.7% | 7.3% | 7.3% | 7.5% | 6.5% | N/A | 4.5% |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 28K | 26K | 30K | 97K | 744K | 349K | 425K | 204K | 366K | 478K | 682K | 969K | 969K |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62M | 62M | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -19M | -24M | -38M | -21M | -157M | -166M | N/A | 42M | -249M | -163M | -279M | -264M | -121M |
| Cash & Equiv. | 104M | 126M | 113M | 108M | 220M | 219M | 294M | 219M | 39M | 41M | 56M | 121M | 121M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 1.61 | 1.48 | 1.38 | 1.31 | 1.22 | 1.15 | 8.27 | 3.69 | 0.00 | 0.51 | -0.48 | 0.00 | 0.00 |
| Interest Coverage | 0.4 | 0.5 | 0.5 | 0.5 | 0.3 | 0.2 | 0.3 | 0.4 | 0.4 | 5.1 | 0.1 | 0.0 | 0.1 |
| Equity | 83M | 90M | 97M | 101M | 109M | 116M | 118M | 120M | 112M | 123M | 130M | 140M | 140M |
| Total Assets | 663M | 726M | 788M | 806M | 933M | 957M | 1.1B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B |
| Total Liabilities | 580M | 636M | 691M | 704M | 824M | 841M | 975M | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B |
| Intangibles | 0 | 0 | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 34M | 37M | 41M | 44M | 50M | 58M | 59M | 62M | 70M | 77M | 83M | 87M | 87M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Per Share Data | |||||||||||||
| EPS | 0.37 | 0.40 | 0.44 | 0.51 | 0.83 | 0.89 | 0.53 | 0.59 | 0.92 | 1.16 | 0.85 | 0.70 | 0.70 |
| Owner EPS | 0.45 | 0.46 | 0.48 | 0.36 | 0.55 | 0.85 | 0.71 | 0.87 | 1.29 | 1.14 | 1.01 | 1.13 | 1.13 |
| Book Value | 4.93 | 5.26 | 5.76 | 5.98 | 6.47 | 6.80 | 6.97 | 7.02 | 6.60 | 7.18 | 7.55 | 8.07 | 8.07 |
| Cash Flow/Share | 0.54 | 0.54 | 0.56 | 0.45 | 0.67 | 0.95 | 0.82 | 0.97 | 1.39 | 1.25 | 1.14 | 1.27 | 0.78 |
| Dividends/Share | N/A | 0.00 | 0.00 | 0.17 | 0.28 | 0.33 | 0.33 | 0.33 | 0.33 | 0.46 | 0.48 | 0.48 | 0.48 |
| Shares Out. | 16.8M | 17.0M | 16.8M | 16.9M | 16.9M | 17.0M | 16.9M | 17.1M | 17.1M | 17.1M | 17.3M | 17.3M | 17.3M |
| Valuation | |||||||||||||
| P/E Ratio | 8.7 | 8.0 | 10.0 | 14.0 | 7.6 | 8.3 | 9.6 | 10.7 | 6.4 | 6.5 | 11.0 | N/A | 15.4 |
| P/FCF | 6.8 | 6.5 | 8.8 | 18.8 | 10.4 | 8.3 | 6.8 | 7.1 | 4.7 | 6.3 | 8.8 | N/A | 9.4 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 55.3 |
| Price/Book | 0.7 | 0.6 | 0.8 | 1.2 | 1.0 | 1.1 | 0.7 | 0.9 | 0.9 | 1.1 | 1.2 | N/A | 1.3 |
| Price/Sales | 1.9 | 1.7 | 1.9 | 2.7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.8 |
| FCF Yield | 15.2% | 15.7% | 11.4% | 5.3% | 9.7% | 12.0% | 14.7% | 14.2% | 21.4% | 16.0% | 11.4% | N/A | 10.6% |
| Market Cap | 54M | 54M | 74M | 121M | 107M | 127M | 86M | 108M | 101M | 129M | 163M | 0 | 186M |
| Avg. Price | 3.32 | 3.21 | 3.60 | 5.65 | 7.10 | 7.10 | 5.07 | 6.03 | 6.06 | 6.14 | 7.37 | 0.00 | 10.76 |
| Year-End Price | 3.34 | 3.24 | 4.40 | 7.13 | 6.33 | 7.43 | 5.10 | 6.31 | 5.92 | 7.56 | 9.46 | 0.00 | 10.76 |
UNITED SECURITY BANCSHARES passes 4 of 9 quality checks, suggesting mixed fundamentals.
UNITED SECURITY BANCSHARES trades at 16.6x trailing earnings, compared to its 15-year median P/E of 9.6x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 8.8x vs a median of 8.3x. The company's 5-year average ROIC is 11.9%. Total shareholder yield (dividends) is 4.5%. At current prices, the estimated annualized return to fair value is +10.9%.
UNITED SECURITY BANCSHARES (UBFO) has a net profit margin of 18.4%. This is a healthy margin.
UNITED SECURITY BANCSHARES (UBFO) generated $20 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
UNITED SECURITY BANCSHARES (UBFO) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
UNITED SECURITY BANCSHARES (UBFO) reported earnings per share (EPS) of $0.70 in its most recent fiscal year.
UNITED SECURITY BANCSHARES (UBFO) has a return on equity (ROE) of 9.0%. This indicates moderate shareholder returns.
The Ledger Terminal provides 16 years of financial data for UNITED SECURITY BANCSHARES (UBFO), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
UNITED SECURITY BANCSHARES (UBFO) has a book value per share of $8.07, based on its most recent annual SEC filing.