MARKETS / US / UBOH
US · NATIONAL COMMERCIAL BANKS · SMALL CAP

United Bancshares Inc/oh UBOH

14 fiscal years on record · USD · FY2022 reported
SEC FILINGS ONLY
Revenue · FY2022
$1.2M
▲ 13.0% vs FY2021
Dividend streak
2 yrs
Raised every year since 2021
EPS · FY22
$3.46
Dividend / sh · FY22
$0.84
Payout · FY22
24%
ROE · FY22
11.2%
Net margin · FY22
918.0%
Dividend coverage
4.1×
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Result
USD 1.2M
Revenue, FY2022 · full 14-year series below
Revenue Net income
0.00050.0010.00150.0020.00.0200920122015201820212022
0.00050.0010.00150.0020.00.02013201620192022

918 cents of every revenue dollar became profit this year.

Per share
USD 3.46
Diluted EPS, FY2022
EPS Dividend
200040000.843.46200920122015201820212022
200040000.843.462013201620192022

Earnings covered the dividend 4.1 times — the rest stayed in the company.

Profitability
11.2%
Return on equity, FY2022
ROE
48121611.2%200920122015201820212022
48121611.2%2013201620192022
Operating margin1016.6%
Net margin918.0%
Return on assets1.0%

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

Returned to shareholders
USD 5.6M
returned in FY2022 · dividends + net buybacks
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.

Growth
−5.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−6.1%
−5.5%
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%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.00B
Shares outstanding, FY2022
0.000.00200920122015201820212022
0.000.002013201620192022
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 1.1B
total assets, end of FY2022
Total assetsUSD 1.1B
EquityUSD 82.7M
CashUSD 30.7M
DepositsUSD 953.9M

Equity funds 8% of total assets.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
·
·
·
·
·
·
·
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
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 · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
26 of 26
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed