MARKETS / BALCAO / Financials / Banks / UBOH

BALCAO · NATIONAL COMMERCIAL BANKS · SMALL CAP

United Bancshares Inc. UBOH

14 fiscal years on record · USD · FY2022 reported · SEC filings only

Net income

$11.3M

▼ 16.7% YoY

Free cash flow

$13.2M

▼ 41.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Growth

Revenue, FY2022 · full 14-year series below

Compound annual growth

Net income

+2.0%

+24.1%

+9.7%

EPS, diluted

−89.8%

+24.0%

+10.3%

Dividend / share

+17.3%

+11.8%

+32.6%

Returned to shareholders

+46.3%

+29.1%

3 yrs

5 yrs

10 yrs

15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

ROE

FY2022 · ROE 11.2%

5%10%

200920152022

Three returns, three denominators.

Return on equity11.2%

Return on assets1.0%

Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Gross margin·

Operating margin·

Net margin·

EBITDAUSD 14.1M

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders

USD 5.6M

returned in FY2022 · dividends + net buybacks

Free cash flow $M

FY2022 · FCF 13.2

10M20M

200920152022

Net buybacks $M Dividends $M

FY2022 · Dividends 2.7 · Net buybacks 2.9

2M4MDividendsNet buybacks

2013201420152016201720182019202020212022

Dividends paidUSD 2.7M

Net buybacksUSD 2.9M

Share of profit49.7%

Consecutive raises2 years

USD 2.7M in dividends and USD 2.9M in buybacks — 50% of the year's profit went back to shareholders.

Total assetsUSD 1.1B

EquityUSD 82.7M

CashUSD 30.7M

DepositsUSD 953.9M

Equity funds 8% of total assets.

The 14-year record

14 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

UBOH, 14-year financial record
Metric	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Operating income $B	0.0	0.0	0.0	0.0	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
EBITDA $B	0.0	0.0	0.0	0.0	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EPS, diluted $	3.46	4.07	4.16	3250.00	2.51	1.18	1.68	1.77	1.27	1.35	1.30	0.85	0.82	0.84
Dividend / sh $	0.84	0.73	0.51	0.52	0.48	0.48	0.44	0.36	0.35	0.20	0.05	◌	0.45	◌
Payout %	24	18	12	16	19	41	26	20	28	15	—	—	—	—
ROE %	11.2	11.8	13.3	12.1	10.5	5.2	7.7	8.5	6.6	7.3	7.2	5.1	5.1	5.3
Shares out B	0.00	0.00	◌	0.00	0.00	◌	◌	◌	◌	◌	◌	◌	◌	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

UNH · BRK-A · BRK-B · CI · ELV · CNC

Provenance

Company facts, as filed

How we verify · 0 failures in 40 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. Three checks were skipped: the share count is not tagged before 2010. Three checks were skipped: the balance sheet is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityNational Commercial Banks

Listed onOTC market

Incorporated inOhio

Fiscal year endsDecember 31

SEC categorysmaller reporting company

Data on record since2009