United Bancshares (UBOH) AI Stock Analysis

• Market Cap: $79.91M
• Dividend Yield: 3.45%
• Average Volume (3M): 1.56K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 0.18
• Revenue Growth: 13.06%
• EPS Growth: 9.31%
• Country: US
• Employees: 211
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 3.06
• Shares Outstanding: 3,136,180
• 10 Day Avg. Volume: 2,051
• 30 Day Avg. Volume: 1,558
• PEG Ratio: 0.90
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.90
• Price to Cash Flow (P/CF): 2.80
• P/FCF Ratio: 2.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

United Bancshares' stock is moderately rated due to its strong balance sheet and attractive valuation, offset by declining operational efficiency and bearish technical signals. The low beta indicates low volatility, which could appeal to risk-averse investors.

United Bancshares Business Overview & Revenue Model

Company Description

United Bancshares, Inc. (UBOH) is a financial holding company headquartered in Ohio, operating primarily through its wholly-owned subsidiary, The Union Bank Company. The bank provides a comprehensive range of financial products and services, including personal and commercial banking, investment services, and mortgage lending. Its operations are focused on meeting the financial needs of individuals, businesses, and municipalities within its local markets.

How the Company Makes Money

United Bancshares generates revenue primarily through interest income derived from loans and investment securities. The company extends various types of loans, including commercial, residential mortgage, and consumer loans, earning interest over the life of these financial products. Additionally, UBOH collects non-interest income from service charges on deposit accounts, fees from loan originations, and investment advisory fees. The bank also benefits from strategic partnerships with other financial service providers, enhancing its service offerings and revenue potential. Economic conditions, interest rate fluctuations, and regulatory changes are significant factors influencing its earnings.

United Bancshares Financial Statement Overview

Summary

United Bancshares shows mixed financial results. Strong net profit margin and ROE indicate profitability and efficient equity use, but there are inconsistencies in revenue growth and cash flow generation, posing challenges. Low leverage adds financial stability.

Income Statement

United Bancshares demonstrated a solid gross profit margin in the TTM (Trailing-Twelve-Months) with gross profit exceeding total revenue, which is unusual and may indicate an error in reporting. The net profit margin for TTM is strong at approximately 17.53%, showing profitability. Revenue growth rate shows fluctuations, with a notable decrease from 2022 to 2023, but a slight increase in TTM, indicating potential recovery. EBIT and EBITDA margins show a consistent downward trend, which could signal challenges in operational efficiency.

Balance Sheet

The company has a favorable debt-to-equity ratio, with relatively low total debt compared to stockholders' equity, indicating low leverage and financial stability. Return on Equity (ROE) is strong at approximately 8.48% for TTM, reflecting efficient use of equity to generate profits. The equity ratio of 8.12% suggests a modest equity base relative to total assets, signaling potential risks in capital structure, but overall, the balance sheet remains stable.

Cash Flow

There is noticeable inconsistency in cash flow metrics, with zero operating and free cash flow in the TTM period, raising concerns about cash management and liquidity. Historical data shows fluctuations in free cash flow growth, with positive growth from 2020 to 2021 but subsequent decline. The absence of operating cash flow to net income and free cash flow to net income ratios in TTM suggests potential liquidity issues.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
48.35M	40.87M	45.64M	53.08M	60.04M	43.94M
	Gross Profit
48.64M	38.74M	45.64M	53.08M	60.04M	43.94M
	EBIT
498.00K	40.87M	14.17M	16.07M	16.68M	12.28M
	EBITDA
4.44M	10.88M	14.14M	17.62M	18.18M	13.52M
	Net Income Common Stockholders
8.47M	8.61M	11.31M	13.58M	13.76M	10.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
196.76M	278.42M	13.34M	382.84M	251.61M	210.02M
	Total Assets
852.23M	1.07B	1.09B	1.08B	978.53M	880.01M
	Total Debt
72.38M	18.04M	20.51M	19.99M	20.69M	71.66M
	Net Debt
45.12M	-8.87M	-10.17M	-55.21M	-36.34M	45.25M
	Total Liabilities
767.80M	977.57M	1.00B	957.46M	20.69M	71.66M
	Stockholders Equity
84.43M	93.92M	82.69M	119.09M	111.60M	94.78M
Cash Flow		Free Cash Flow
0.00	11.20M	13.20M	22.48M	15.64M	2.87M
	Operating Cash Flow
0.00	12.83M	16.78M	26.44M	17.22M	3.62M
	Investing Cash Flow
0.00	16.04M	-103.03M	-96.52M	-65.13M	-26.08M
	Financing Cash Flow
0.00	-32.64M	41.73M	88.25M	78.54M	32.39M

United Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.99
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UBOH, the sentiment is Negative. The current price of 24.99 is below the 20-day moving average (MA) of 26.25, below the 50-day MA of 27.51, and above the 200-day MA of 23.12, indicating a neutral trend. The MACD of -0.69 indicates Positive momentum. The RSI at 36.99 is Neutral, neither overbought nor oversold. The STOCH value of 37.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UBOH.

United Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CASH	78 Outperform	$1.65B	10.13	22.65%	0.29%	4.68%	12.30%
SMBC	76 Outperform	$542.09M	10.48	10.52%	1.87%	17.53%	19.94%
CIVB	71 Outperform	$292.87M	9.39	8.10%	3.44%	11.16%	-26.17%
FMAO	68 Neutral	$293.46M	11.30	7.83%	4.12%	15.00%	12.44%
MBWM	65 Neutral	$629.61M	7.86	14.38%	3.71%	19.24%	-3.88%
Sector *	63 Neutral	$12.75B	9.36	8.64%	84.32%	13.82%	-3.89%
UBOH	59 Neutral	$79.91M	8.33	9.70%	3.45%	13.06%	9.31%